Insights

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  • Key aspects to a successful cost reduction program

    16 January 2017
    Alfa Consulting, Member Firm (Spain)

    Sometimes, and for many different reasons, companies consider the opportunity to conduct a global cost reduction program. This is a useful initiative, even after budgetary reductions by area and department. However, these programs often fail to develop their full potential for improvement. The causes are often more related to the approach and execution of the program than to the actual capacity for improvement. For that reason, we have highlighted some key aspects to take into account before starting a cost reduction program.

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