by James Reyes-Picknell | Nov 27, 2024 | Executive Insights
Why not beat tariffs by lowering costs, and becoming more competitive? It will help in your “home” market, and if you can cut enough, you’ll level the playing field with trading partners. What’s more, if you’ve lowered your costs the...
by James Reyes-Picknell | Jul 23, 2024 | Executive Insights
Would a 20% reduction in maintenance costs be helpful? If you are operating around $500m per year in sales, your maintenance costs could easily be $15 million or more. Could you use $3 million per year? If you are operating below capacity maybe an additional $30...
by James Reyes-Picknell | Jul 19, 2024 | Executive Insights
Saving money in maintenance is easy in slow markets. Like your competitors you can cut maintenance, eliminate training and get rid of outside help. But those will leave you weakened when business picks back up. An overall savings of maybe 2% of operating costs now,...