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  2. Cost breakdown analysis - Wikipedia

    en.wikipedia.org/wiki/Cost_breakdown_analysis

    The following examples include fictional numbers, lack complexity concerning the cost drivers and are merely used to display the method of cost breakdown analyses. Transportation and corrugated boxes are very illustrative examples as they allow a simple break down of the total cost into the single cost drivers.

  3. Cost reduction - Wikipedia

    en.wikipedia.org/wiki/Cost_reduction

    Incorporation of "low-cost thinking" into an organisation's culture [5]: 8 Half cost strategies: ambitious strategies which aim to reduce the costs of specific production processes or value adding stages to 1/N of the previous cost. [7] Examples specifically focussed on the use of suppliers and the costs of goods and services supplied include:

  4. ABC analysis - Wikipedia

    en.wikipedia.org/wiki/ABC_analysis

    Cost reduction– ABC analysis allows the management to focus on products A which are more important. By doing so, the cost which could be spent on managing other items i.e B and C are saved. [12] Increased cash flow– ABC gets rid of excess unnecessary inventory and reduces the chances of stockout. Holding cost and stockout are the main ...

  5. Spend analysis - Wikipedia

    en.wikipedia.org/wiki/Spend_analysis

    Saves on costs: Spend analysis helps an organization to identify areas where spending can be consolidated, reduced, or completely eliminated. Once the management has analyzed their spending patterns and identified cost-saving opportunities, they can negotiate better pricing with the suppliers and implement more efficient procurement processes.

  6. Kaizen costing - Wikipedia

    en.wikipedia.org/wiki/Kaizen_costing

    Kaizen costing is a cost reduction system used a product's design has been completed and it is in production. [1] Business professor Yasuhiro Monden [ 2 ] defines kaizen costing as The maintenance of present cost levels for products currently being manufactured via systematic efforts to achieve the desired cost level.

  7. Proposal (business) - Wikipedia

    en.wikipedia.org/wiki/Proposal_(business)

    The standard format for this type of proposal consists of information about a specific product, including the price and delivery schedules. Some advantages to this include not having to have resources to win a contract and the firm or client knows what time the work will be coming. Internal proposals

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  9. Basis of estimate - Wikipedia

    en.wikipedia.org/wiki/Basis_of_estimate

    Basis of estimate (BOE) is a tool used in the field of project management by which members of the project team, usually estimators, project managers, or cost analysts, calculate the total cost of the project.