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Best Practices in Cost Leadership Organizations

Author(s):

Edwards, Steve

Handfield, Ph.D., Robert B.

94th Annual International Conference Proceedings - 2009 - Charlotte, NC
Abstract

After interviewing leading organizations on their cost management practices, the results were segmented into the following levels: Basic, Moderately Advanced, Advanced or Most Advanced. This presentation focuses on the key steps to progress from a Basic level of cost management, through different stages of maturity including the core capabilities that must be developed through this evolution. The presentation looks at all aspects of the organization including governance, systems, metrics, processes, supply base management, leadership and talent development.

Best Practices in Cost Leadership Organizations — 84 KB (PDF)