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This toolkit details cost reduction opportunities across theValue Chain (as defined by strategist Michael Porter). Costreduction initiatives are categorized in the areas of Enterprise-wide Opportunities, Asset ManagementOpportunities, and Function-specific Opportunities. Over 45 cost reduction initiatives identified—for each initiative,specific examples are provided, along with projectedpotential savings.
Capital and AssetsProcurementInformation TechnologyFinance and AccountingHuman ResourcesOperationsMarketing /SalesLogisticsServiceSharedServiceCentersOutsourcingProductInnovationProduct Development