OTHER COST REDUCTION TECHNIQUES

I am going to deal with,I am going to deal with,• Standard of production, tools and equipment.

• Simplification and variety reduction.

• Improvement in design.

• Labour control.

• Overhead cost control.

• Quality control.

• Market research.

• Production, planning and control.

• Inventory control.

Standard of production, tools and Standard of production, tools and equipment.equipment.

Simplification and variety reduction.Simplification and variety reduction.

• Simplicity in manufacturing.

• Essential variety improvement.

• Cutting cost by excess variety.

• Simplicity in modification.

• Improvement in design.

• Labour control.

• Overhead control.

• Quality control.

• Market research.

• Production, planning and control.

• Inventory control.

• Inventory carrying cost.

• Inventory maintenance cost.

• Cost of capital blockage.

• Deterioration.

• Where house expenses.

THANK YOU

THANK YOU