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Cost Reduction Analysis: Tools and Strategies by Steven M. Bragg

Cost Reduction Analysis: Tools and Strategies

by Steven M. Bragg
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Book cover type: Hardcover
  • ISBN13: 9780470587263
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Wiley
  • Publisher Imprint: Wiley
  • Publication Date:
  • Pages: 314
  • Original Price: USD 79.0
  • Language: English
  • Edition: N/A
  • Item Weight: 499 grams
  • BISAC Subject(s): Accounting / Managerial and Corporate Finance / General

From the Back Cover

COST REDUCTION ANALYSIS

Tools and Strategies

As every organization has learned from today's global economic climate, an ongoing commitment to cost reduction and control in both good times and bad is a surefire way to weather inevitable economic turmoil. It's true: being proactive and implementing practical cost control measures now will lessen your company's likelihood of having to take drastic actions later--actions that can imperil its direction and future.

Written by renowned accounting expert Steven Bragg, Cost Reduction Analysis: Tools and Strategies clearly lays out the tools for determining which costs your company should cut without impacting its ability to deliver goods and services. This practical book walks you through:

  • Specific cost reduction opportunities in sales/marketing, product design, production, payroll, and benefits
  • Methods for improving the procurement process to reduce operational costs
  • A broad array of techniques for reducing a company's investment in inventory
  • The best forms of analysis to follow when deciding whether to invest in a fixed asset
  • Why all cost reduction decisions should be based on how they impact the productivity of throughput analysis

Liberally sprinkled with concept-clarifying examples as well as a variety of metrics specifically designed to help you monitor your firm's cost reduction progress, Cost Reduction Analysis: Tools and Strategies is your ideal sourcebook for maximizing profits through a successful system of cost reduction.

STEVEN M. BRAGG, CPA, has been the chief financial officer or controller of four companies, as well as a consulting manager at Ernst & Young and an auditor at Deloitte & Touche. He received a master's degree in finance from Bentley College, an MBA from Babson College, and a bachelor's degree in economics from the University of Maine. He has been the two-time president of the Colorado Mountain Club, is an avid alpine skier and mountain biker, and is a certified master diver. Mr. Bragg resides in Centennial, Colorado. He is also the author of Accounting Best Practices and Accounting Policies and Procedures Manual, both published by Wiley.

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