- The purpose of the general cost survey is to understand the cost structure of the company and to identify the opportunities of improvement.
- The process for executing the cost survey is based on the following steps:
Structure and processes
Supply chain risks
Link to high level strategy
Performance systems in place
Roadmap to reduce the cost
- High level mapping of the cost structure helps selecting the levers, gaps and area to prioritise as next step.
- Next step improvement programmes derived from the cost survey can among others be e.g. sourcing and procurement, transportation and logistics, value engineering, competence lift, value chain optimisation etc.