S12 E53-56 (BECOMING THE LOWEST COST PRODUCER) - OPERATING COSTS WITH WILLIAM EASTMAN

Did You Know?

• During the early stages of inflation companies can pass on additional costs until the customer cannot afford it, it's called Demand Destruction. ​
  
• What happen's when you can no longer increase prices?

We continue to focus on how a business can find ways in an inflationary market to contain costs and stay competitive. ​

Show Objective
Given the shows on achieving lowest cost producer, cost of purchased inputs, and capital costs; you build a working model of the entire cost structure of the company to ensure the highest value at the lowest cost.

EPISODE 53: Summary
Our approach is pay attention to the entire cost structure of the organization that will allow business to hold the line on prices during inflation and hold onto margins. If there was ever a time to become the Lowest Cost Producer it's now.

Topics:

• Identifying shifts in key costs
• Analyze value chain
• Factor in cost economies

IMPORTANT SUPPORT IS NOW AVAILABLE - Next Wednesday at 12PM EST is our CHALLENGE Session where we will review the previous Customer Shows. It is an open forum for you to ask questions and challenge your thinking about ‘Holding Your Best Accounts’. Click Here to Reserve a Seat.

Tags: recession proofing your business, calculating value of tangible assets, calculating the value of intangible assets, operations, calculating the cost of tangible assets, IBGR, IBGR Network, William Eastman


EPISODE 54: Identifying Shifts in Key Costs
Since we live in a networked world - whether that is local, regional, national, or global, an economic downturn will affect you and your supply chain differently. Things that made sense months ago will require reexamination. You can make no assumptions that the past is a predictor for the future.

Topics:

• Inflation's accumulated costs
• Creates a major shift in the cost structure
• Emphasis on moving to alternatives
• Impact is unique to each industry, to each business

IMPORTANT SUPPORT IS NOW AVAILABLE - Next Wednesday at 12PM EST is our CHALLENGE Session where we will review the previous Customer Shows. It is an open forum for you to ask questions and challenge your thinking about ‘Holding Your Best Accounts’. Click Here to Reserve a Seat.

Tags: recession proofing your business, calculating value of tangible assets, calculating the value of intangible assets, operations, calculating the cost of tangible assets, IBGR, IBGR Network, William Eastman


EPISODE 55: Analyzing the Value Chain
The best place to start is to review your entire value chain; you inputs,your value added processes, and outputs to customers or the next step in the supply chain.

Topics:

• Analyze the entire chain
  • Inputs
    • Suppliers
  • Processes
    • Materials
    • Equipment & Parts
  • Outputs
    • Distribution
    • Installation
• Impact on Company's Value Added
  • Value Mapping
  • Activity Based Costing
  • Benchmarking

IMPORTANT SUPPORT IS NOW AVAILABLE - Next Wednesday at 12PM EST is our CHALLENGE Session where we will review the previous Customer Shows. It is an open forum for you to ask questions and challenge your thinking about ‘Holding Your Best Accounts’. Click Here to Reserve a Seat.

Tags: recession proofing your business, calculating value of tangible assets, calculating the value of intangible assets, operations, calculating the cost of tangible assets, IBGR, IBGR Network, William Eastman


EPISODE 56: Factoring in Cost Economies
You have done the analysis, now is the time to turn the information into actions. How can you take the current situation and turn it to your advantage?

Topics:

• Differentiate
  • Improve product / service performance
• Reduction of SKU's
  • Narrow offer
• Scheduling
• Job Efficiency
• Operational Efficiency
• Waste

IMPORTANT SUPPORT IS NOW AVAILABLE - Next Wednesday at 12PM EST is our CHALLENGE Session where we will review the previous Customer Shows. It is an open forum for you to ask questions and challenge your thinking about ‘Holding Your Best Accounts’. Click Here to Reserve a Seat.

Tags: recession proofing your business, calculating value of tangible assets, calculating the value of intangible assets, operations, calculating the cost of tangible assets, IBGR, IBGR Network, William Eastman

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