Cutting Costs Does Not Mean Cutting Workers or Minimizing Pay

1
Cutting Costs Does Not Mean Cutting Workers or
Minimizing Pay - Incr
easing Customer Satisfaction Does Not Always Mean
Adding Servers
2

• These Tactics Can Be Achieved by
• Redesigning Process (working smarter)
• Increasing Quality (reducing rework)
• Reducing Setup Time (increased run time)
• Improving Cycle Time (more out-put per worker)
• Carrying Less of the Right Product (reduced feed
  stocks and waste)
• Judiciously Satisfy Demand (minimizing self
  induced peaks and pruning the product line)

3

• Your Goal
• Gifted Managers are known for how much they pay
  their employees, not for how little
• At a minimum Do No Harm