FICCI CE

FICCI CE

FICCI CE

Cost Management

FICCI CE

2. Reduce

cycle time

1. Reduce

quality costs

3. Eliminate

non-value addingactivities

4. Eliminate

waste

Cost Management model

Note: See respective sections for more details

FICCI CE

Cost management Vs cost cutting

Most of the organizations have wrong notions about cost. They confuse cost management with cost cutting measures.It is extremely important to understand that cost management is different from cost cutting.

FICCI CE

Cost management Vs cost cutting

Many times organizations who have taken resort to cost cutting have faced serious quality problems.

FICCI CE