Improve Your Ability to Manage Costs
Manage your cost structure to create Economies of Scale while offering good value to Core customers. This activity identifies the gap you have to close in your financial performance. It looks at the advantages or disadvantages that you have with visible costs compared to your lower cost competitors. The changes you make to improve your products and services should improve your mix of customers. This closes part of your financial gap. The remaining steps in the activity help you quantify and improve Productivity and Economies of Scale.
: Identify current shortfalls in financial results.
: Evaluate the Company's advantages or disadvantages in visible costs compared to low-cost competitors.
: Identify the profit increase from the improvement in the mix of customers that the Company serves.
: Create countable measures of Productivity.
: Measure Economies of Scale by type of employee.
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