Cost Control
Cost control can be implemented at almost any stage of your project, and for almost any type of factory and industry.
Cutting costs is the simplest way to improve your bottom line. But cost control needs to be carefully managed. Whilst it clearly helps to cut wasteful activities, careless cost-cutting can lead to falling quality and poor morale.
our experts can help you identify areas where you can reduce costs while keeping quality.
Our consultants specialize in optimizing processes, improving labour productivity, and reducing costs.
Our experience and philosophy in this field are based on the following:
- Identify your major cost centers
- Identify the major types of cost within each cost center.
- Choose the costs to focus on first
- Start from your business objectives
- Establish your 'standard costs' for achieving your objectives
- Set up realistic 'budgeted costs' based on your actual experience
- Record your actual costs and compare them with the standard and budgeted costs.