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Cost Optimisation A Way to convert EXPENSE into ASSET

Author Name: S.B. Kumar | Format: Paperback | Genre : Business, Investing & Management | Other Details

Prime objective of any business is to get more PROFIT on investment. We are in the customer driven era. Producer’s monopoly for sales price fixing has gone. Either we are owner of any business or employees of any organizations, our growth are linked with profitability & profitability only. If profit is there & growing, music will go on, if not then existence of all will be in question. Firefighting, resignation, demotion, demotivation and termination everything shall be started without looking at your past contributions & dedications. Business owner will be restless due to pending debts, installments and other essential expenditure.

Now, the formula for profit has changed, PROFIT = Total sales revenue- Total costs

We have only two options for survival & growth. Either we are able to make more & sell more or have to reduce our total costs. But how? Which areas we have to attack first? Are we aware about SWOT? Do we have capable & knowledgeable team? What are different cost reduction ideas? What are different methodologies to benchmark & optimize that?

The objective of this small book is the same. There are many tested & trusted ideas developed by author for Big/ Medium/ Small/New startup/CEO/COO/ Plant heads/ Departmental heads/ Managers/ Engineers/ supervisors/ Talented workmen in this book under separate categories. After implementation of these ideas, any company can drastically improve their balance sheets.

 

Even one good idea’s implementation can saves some lakhs/ crores of rupees for your future regular growth & breakthrough improvements.

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S.B. Kumar

Kumar is a Mechanical engineer (B.E) with MBA (operations). He has close to quarter of century experience in sectors ranging from Automotive clutches to rigid plastics and have gathered rich first-hand experience of the entire manufacturing processes (P,Q,C,D,S,M,E) while working for industry leader like Clutch Auto limited, Rockman Industries limited (a HERO group company) and Hitech Plast limited. He also got the rare privilege of working along with and following manufacturing & quality system developed by Gurus like Prof. S.Yamaguchi San, Prof. Takao San of Japan and chief mentor of ACMA ACT cluster Mr. C Narsimhan. He has completed exhausting training for production management form AOTS, Japan and Quality Management training form AP, Italy.

He has mentored more than 25 SMEs for establishing world class manufacturing system.

He is well conversant with world class manufacturing techniques like LEAN Management, TPM, TQM, TOC, TQC, JIT, Six sigma. He has also deep implementation experience & expertise of ISO 9001, TS 16949, GMP, SEDEX Audit, BRC Ion, HACCP and EHC.

When not busy with the engineering tools, Kumar loves to write poems. He has been doing so since his school days and his poems bring out the emotions of a common man who lives and survives every day, one day at a time.

Author’s other books: PRE-FIT for PROFIT

 

FIX ‘N’ FINISH

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