Monday, January 12, 2009

'Improve processes and reduce costs'

Mentor
Cost Management
S. C. Vaidya and Suveera Gill
(http://www.macmillanindia.com/)

Kaizen costing

Busy cutting costs? How about taking the kaizen road to cost reduction? The concept of kaizen, meaning ‘improvements in small steps,’ and developed within the quality assurance domain, can be applied to costing and applied to products that are already in production, say S. C. Vaidya and Suveera Gill in Cost Management: A strategic approach.

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