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Toolsandtechniquesofcostreduction 131118120320 Phpapp01 PDF
Toolsandtechniquesofcostreduction 131118120320 Phpapp01 PDF
1. Material:
a) Design.
b) Purchasing.
c) Storage.
d) Transport.
e) Production.
2) Labour:
3) Overheads:
a) Increasing the production volume.
b) Extension of market and price differentials.
c) Size of business units.
4.Outsourcing
5.Sales and marketing
6.Energy
7.Production
Tools and Techniques of Cost
Reduction
1. Value Analysis.
2. Just in Time approach.
3. Standard costing.
4. Total Quality Control.
5. Economic Order Quantity.
6. Market reasearch.
7. Benchmarking
8. Inventory Management and Control.
THANK YOU!
Dhirendra kr chaudhary