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Home > Business and Economics Books > Business and Management > Business strategy > A New Strategy for Continuous Improvement: 10 Steps to Lower Costs and Operational Excellence
A New Strategy for Continuous Improvement: 10 Steps to Lower Costs and Operational Excellence

A New Strategy for Continuous Improvement: 10 Steps to Lower Costs and Operational Excellence


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About the Book

Developed from the author's own practical experience, this unique resource details a proven, 10-step approach to cost reduction, and provides a series of tools to help you achieve sustainable cost reduction in your business while avoiding the damage of ""slash and burn"". ""A New Strategy for Continuous Improvement"" presents a new 'Operations Improvement Cycle'. This cycle provides the benchmark, priority and guidance that were missing in the original cycle. This is achieved through a three stage process involving 10 specific steps. Additionally, it explores the issues with the traditional approach to continuous improvement and cost reduction and then takes you through the three stages and the '10 Steps' in detail. Working with this manual will change your approach to cost reduction forever. Not only will you save money on an ongoing basis, but these proven techniques will have an impact almost immediately!



Table of Contents:
Part 1: Achieving Success Through Continuous Improvement 1
  • Introduction 3
  • Getting the Most Out of This Manual 7
  • The Importance of Cash Flow 11
  • Identifying and Measuring Benefits 15
  • 8 Reasons Why Operations Improvement Efforts Fail 17
  • The New Operations Improvement Cycle 21
Part 2: The 10 Steps to Lower Costs and Operational Excellence 31
  • Step #1: Get Organized 33
  • Step #2: Apply the Fundamentals With Rigor 43
  • Step #3: Focus on Function, Not Cost 51
  • Step #4: Identify and Focus on the Leverage Points 59
  • Step #5: Limit and Prioritize Resources 67
  • Step #6: Work on the 1%ers 75
  • Step #7: Eliminate Duplication 83
  • Step #8: Question Everything 91
  • Step #9: Take Some Chances 99
  • Step #10: Ignore Tradition 107
  • The Complete Picture 115
Part 3: Planning and Implementation 117
  • Action Planning 119
  • Implementation 123
Appendix A: Example – The 10 Steps and Minimizing Inventory 131Appendix B: Glossary 133Appendix C: About Initiate Action 145Index

About the Author :
Phillip Slater has more than 22 years of business improvement experience. While the last 12 of these have been spent in operations and management consulting, the first 10 were spent 'hands on' in industry learning by direct experience. It was during this time, and by learning from both his successes and failures, that Phillip developed many of the approaches that his company, Initiate Action, applies today. Based on his experience, Phillip has authored a number of management books including A New Strategy for Continuous Improvement and Smart Inventory Solutions. Over the course of his career Phillip has worked in at least a dozen countries and across most industries. He presents training courses for APICS, is a member of the Australian Institute of Company Directors and The National Speaker's Association of Australia. Selected operational improvement achievements include: As a manager, taking an underperforming manufacturer to be the profit leader in its group of companiesAssisting a client to achieve more than 20% in operational cost reductionAssisting other clients to achieve tens of millions of dollars of operational improvementsAssisting a client to achieve a 42% reduction in inventoryAssisting other clients to release millions of dollars in cash from excess inventoryFor the past five years Phillip has donated his time as a Non Executive Director for Yooralla, one of Australia's leading disability service providers.In addition to his operations improvement consulting work, Phillip is also available for corporate speaking and training.


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Product Details
  • ISBN-13: 9780831133207
  • Publisher: Industrial Press Inc.,U.S.
  • Publisher Imprint: Industrial Press Inc.,U.S.
  • Height: 254 mm
  • No of Pages: 160
  • Sub Title: 10 Steps to Lower Costs and Operational Excellence
  • ISBN-10: 0831133201
  • Publisher Date: 15 Jan 2007
  • Binding: Paperback
  • Language: English
  • Returnable: Y


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