Reducing Process Costs with Lean, Six Sigma, and Value Engineering Techniques

Preface

We might ask, why this book? We describe several reasons.

A. Tight Economic Conditions!

It is easy to understand why a cost improvement book should be written. There are boom times and there are times when the business world is less secure and profit margins erode. One typical company response to economic downturn is to eliminate staff as if that were the only way to become a thriving company again. We wonder if these companies have some cost improvement methodology behind them that would give their management other options than removal of people. A company that has ongoing effective cost improvement activities will be more adaptable to changing economic climates.

Innovation provides value to an organization. New product or service ...