BUSINESS PROCESS RE-ENGINEERING

Overview

Most businesses [Manufacturing & Service] during their lifetime will look for more
cost effective ways to produce. The reasons for this are-

• To reduce costs and hence improve profitability.
• To become more competitive in the market place.
• To improve quality of production.

Usually businesses will invest in superior plant or equipment to meet the above objectives. It is most important that before an investment in plant or equipment takes place, that the expected savings in production costs provide sufficiently higher product profit margins to make a return on that investment. [i.e. in order to recover the investment cost]. Once the new plant or equipment is running the new labour costs need to be calculated, so the product can then be re costed.

What We Do

• Calculate the viability of the plant or equipment investment.
• Calculate the new product costs as per the running of the new plant or equipment.
• Work out a new pricing strategy that will still enable sufficient incremental profit and increase sales volume/dollars.
• Review and implement changes in the budget, i.e. the direct labour expenses will need to be reduced.

Your Results

Boardroom Innovations will enable you to have confidence and knowledge in what your new process [plant or equipment] can give you - increased profitability and increased competitiveness.