In an age where activists are deeply involved in corporate management, investors are becoming increasingly scrutinizing of corporate costs. Furthermore, in a corporate environment where competition is intensifying, cost management based on corporate strategy is of course essential to ensure long-term profits. Well-thought-out cost management goes beyond short-term cost reductions and contributes to the realization of a lean management structure in the long term.
What is important in cost management is the ability to determine whether a cost is truly reasonable and the analytical ability to foresee future trends that will affect costs. In addition, we do not end by simply criticizing suppliers, but never forget the perspective of "management" - making bold investments where necessary and boldly cutting unnecessary investments. From cost reduction to cost management. With support from these two capabilities, we strongly promote well-balanced management.
Reviewing Manufacturing Strategies Through Cost Benchmarking
Identified differences in TV manufacturing costs at the material level. Investigated the factors causing these cost differences through supplier interviews. Developed strategies based on the varying levels of supplier involvement.
Building a Framework for Strategic Cost Management
We promoted two approaches—enhancing cost management transparency and identifying variable cost pools—using a framework based on purpose and method. This was detailed into entry, exit, and validation gates.
Logistics Cost Visualization/Management Process Creation
Given the current situation where the factors behind increases in logistics costs were unclear, we formulated the management process to address these issues. We visualized logistics costs through data analysis and estimated potential cost reduction opportunities.