Cost Reduction and Optimization for Manufacturing and Industrial Companies
John Wiley & Sons, Feb 22, 2010 - 272 pages
Focuses on rapid implementation of practical, real-world cost reduction solutions
In today's economic climate, the need to cut costs can be the difference between success and failure. Cost Reduction and Optimization for Manufacturing and Industrial Companies covers all major cost reduction areas, providing easy to read examples and advice on steps to take. It provides the roadmap for implementing recommended actions with true and tried methods by taking a modern, all-inclusive look at manufacturing processes. Based on the author's cost reduction experience gained during 30 years of senior operations and consulting engagements with hundreds of organizations, this book includes easy-to-understand and easy-to-implement cost reduction concepts organized into five general areas --labor, material, design, process, and overhead.
Dives into a cost reduction area and starts with the bottom line first by summarizing key points
Provides proven tactics for cutting costs without a lot of extraneous data
Follows a qualitative and design-oriented approach
Emphasizes quick implementation and measurable cost reduction
Identifies who in the organization should do the work
Outlines risks and suggested risk mitigation actions
Contains numerous tables, graphs, and photos to show the concepts described in the book
Table of Contents
Chapter 1: Organizing a Cost-Reduction Program.
Part I Labor.
Chapter 2: Head Count.
Chapter 3: Time Standards.
Chapter 4: Efficiency.
Chapter 5: Utilization.
Chapter 6: Overtime.
Chapter 7: Multiple Shifts.
Chapter 8: Lost Time.
Chapter 9: The Learning Curve.
Part II Material.
Chapter 10: Make-versus-Buy Determinations.
Chapter 11: Inventory Minimization.
Chapter 12: Material Utilization.
Chapter 13: Minimizing Supplier Costs.
Chapter 14: Supplier Negotiation.
Chapter 15: Supplier Competition.
Part III Process.
Chapter 16: Work-Flow Optimization.
Chapter 17: Setup Time Reduction.
Chapter 18: Material-Handling Improvements.
Chapter 19: Scrap and Rework Reduction.
Chapter 20: Cleanliness.
Part IV Design.
Chapter 21: The Design Approach.
Chapter 22: Requirements Relaxation.
Chapter 23: Tolerance Relaxation.
Chapter 24: Materials Substitution.
Chapter 25: Packaging.
Part V Overhead.
Chapter 26: General Overhead Expenses.
Chapter 27: Travel.
Chapter 28: Inspection.
Part VI Gaining Disciples and Measuring Progress.
Chapter 29: Suggestion Programs.
Chapter 30: Measuring Progress.
Check out author Joseph Berk's blog at http://manufacturingtraining.wordpress.com/