Overview :

Traditionally businesses have been under pressure to cut costs in the short term without really thinking about sustainable growth and integration with the overall business strategy. 

In today’s business environment of increased global competition, new markets, increasing regulation and changing demographics, successful Businesses must develop a multifaceted cost competence which help the organization to achieve the cost leadership. In many cases, the cost savings achieved in the short term have leaked away and the cost base has returned to previous high levels and considerable damage to business structure, image, culture and morale has been done. 

So We at S G M P & Associates helps the businesses to Optimize their cost with the help of various cost management techniques, Decisions and Strategies without compromising with Price and Quality. 

In short, Strategic cost management is “scrutinizing every process within your Business Organization, knocking down departmental barriers, understanding your suppliers’ business, and helping improve their processes.”

SCM is an effective way of reducing cost, increasing revenue and facilitating survival in the competitive world.

Our Strategic Cost management Services Includes:

• • • Value Analysis & Value Engineering

    • Quality Management through Cost of quality techniques

    • Helping in implementation of Target Costing Over Traditional Costing Approach

    • Implementation of Just-In-time (JIT) System

    • Decision making through various cost concepts (Outsourcing decision, Keep or Drop, Special order decision etc.)

    • Advising on Product Life cycle

    • Pareto Analysis and its application on Pricing, Product, Quality etc.

    •  Assisting in Pricing Decision

    • Business Process Reengineering ( BPR)

    • Implementation of 5S techniques for Workplaces and Factories