MTU Cork Library Catalogue

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Strategic cost reduction : cutting costs without killing your business / Tim McCormick and Dermot Duff.

By: McCormick, Tim (Accountant).
Contributor(s): Duff, Dermot | Chartered Accountants Ireland.
Material type: materialTypeLabelBookPublisher: Dublin : Chartered Accountants Ireland, 2012Edition: 2nd ed.Description: xxv, 308 p. : ill. ; 24 cm. + pbk.ISBN: 9781908199348 .Subject(s): Costs, Industrial | Business planning -- Cost control | Marketing -- Management -- Cost controlDDC classification: 658.1552
Contents:
Part I: Evaluating budgeting and other traditional approaches to cost reduction to assess the health of the business and the need for cost reduction -- Budgeting challenges -- Effective control -- The role of the functions in traditional cost reduction -- Is there a problem with current performance? -- Emergency cost reduction in a cash crisis -- Part II: Approaching cost reduction strategically to fit the cost reduction programme into the wider framework and values -- Preliminary strategic considerations -- Critical functional considerations -- Discovering the strategic drivers of cost -- Exploiting the value chain -- Deciding on size -- Part III: Using modern operational aids to analyse and manage costs, providing a path to \'leanness\' and continuous improvement -- World class and lean manufacturing -- Radical improvement -- Business process re-engineering -- Benchmarking -- Outsourcing -- Part IV: Implementing cost reduction successfully in a strategic manner, while preserving core values and avoiding financial failure -- Structuring and rewarding the labour force -- Strategic cost reduction - the critical links -- The fundamental causes underlying business failure -- Managing the change process -- Planning the journey.

Includes bibliographical references (p. 281-299) and index.

Part I: Evaluating budgeting and other traditional approaches to cost reduction to assess the health of the business and the need for cost reduction -- Budgeting challenges -- Effective control -- The role of the functions in traditional cost reduction -- Is there a problem with current performance? -- Emergency cost reduction in a cash crisis -- Part II: Approaching cost reduction strategically to fit the cost reduction programme into the wider framework and values -- Preliminary strategic considerations -- Critical functional considerations -- Discovering the strategic drivers of cost -- Exploiting the value chain -- Deciding on size -- Part III: Using modern operational aids to analyse and manage costs, providing a path to \'leanness\' and continuous improvement -- World class and lean manufacturing -- Radical improvement -- Business process re-engineering -- Benchmarking -- Outsourcing -- Part IV: Implementing cost reduction successfully in a strategic manner, while preserving core values and avoiding financial failure -- Structuring and rewarding the labour force -- Strategic cost reduction - the critical links -- The fundamental causes underlying business failure -- Managing the change process -- Planning the journey.

CIT Module ACCT8005 - Supplementary reading.

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