Author: Toshio Suzue
Cost Half is the name for a new set of cost reduction methods that can achieve unprecedented levels of operational profitability and systematic organization. The Cost Half concept is based on cost-cutting activities that address two primary questions: How are cost-cutting activities tied to business results? What product-cost level is needed to ensure market competitiveness? The Cost Half approach does not rely on gradual improvement activities. It is a radical, "greedy" approach that focuses on developing three interrelated strengths to ensure stable business results. You need market development strength, competitive quality, and competitive cost. The techniques in Cost Half: The Method for Radical Cost Reduction are designed to actualize your target costs and create a sustainable cost management system for strong business capability. Includes: Telltale signs that a company needs of a Cost Half program* Techniques for changing cost-generating sources and locations* Changing preconditions and limitations* A case study of a Cost Half project. Author Toshio Suzue is the executive vice president and senior consultant with the Japan Management Association.
