Tag Archives | Cost Reduction Methods

Top 10 Application of Cost Reduction Methods

The following points highlight the top ten applications of cost reduction methods. The applications are: 1. Product Design 2. Organisation 3. Factory Layout and Equipment 4. Production Plan, Programme and Methods 5. Administration 6. Marketing 7. Personnel Management 8. Material Control 9. Financial Management 10. Utility Services. Cost Reduction Methods: Application # 1. Product Design: […]

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