question

The asker of this question selected no best answer.

answers (1)

sukmrsing
0
Votes
sukmrsing  |  April 23, 2009 02:25 PM
Not necessarily there are other cost reduction methods or strategies to cut cost .

Cheaper doesnot always means good quality.

Sourcing from vendors on annual contracts
Substituting type of material with same characteristics .
Reducing cost of production
Automation for production
Energy cost reduction
source(s):
www.factory-costreduction.com
Comment
davepamn
davepamn  |  April 23, 2009 02:40 PM
Costs savings have to come from either labor or material. Suppose, your looking at the material side. How would find comparable substitutes for material?
davepamn
davepamn  |  April 23, 2009 02:42 PM
In your source, I'm talking about the "Alternate material" portion of the content.
140

ask any question

Top of Page
Buy Mahalo Dollars
WITH CREDIT CARD OR PAYPAL

Please log in to use this function.