Microsoft - Cost Management and Productivity Improvement

 

2024 Annual Report

Going forward, we are focused on three priorities: 

First, prioritizing fundamentals, with security above all else. We launched the Secure Future Initiative (SFI) this year, bringing together every part of our organization to advance cybersecurity protection.

 Second, driving trustworthy AI innovation across our entire portfolio while continuing to scale our cloud business. 

And, finally, managing our cost structure dynamically to generate durable, long-term operating leverage. All three priorities are critical to our ability to continue thriving as a company as we raise the bar on our operational excellence, with a focus on continuous improvement across everything we do.

https://www.linkedin.com/pulse/my-annual-letter-relevance-reinvention-satya-nadella-v91xc/

Cost Reduction of Products and Services at unit level through Productivity Improvement of all Resources used in Production Processes is the primary and core function of Industrial Engineering.

Reducing the machine hours and labor hours based on engineering modifications is the focus of industrial engineering. It has to result in reduced cost of units produced. Hence every industrial engineering project or study begins with a time study, cost study (estimation), and productivity study. When an industrial engineering project is completed, its benefits are indicated by once again doing a time study, cost study and productivity study. As an intermediate stage, estimates of time, cost and productivity are made by industrial engineers.

Modern Industrial Engineering - A Book of Online Readings. PDF File. FREE Download. 

Download the Index to 500 Best Industrial Engineering ONLINE articles and essays arranged module wise. A Comprehensive coverage of modern industrial engineering.

https://www.academia.edu/126612353/Modern_Industrial_Engineering_A_Book_of_Online_Readings