Digital Talk | Cost Deployment: from operational performance to economic performance

Operational performance is normally measured by specific indicators (efficiency, number of defects, etc...) that are often not comparable with each other and not connected with economic indicators.
Cost Deployment is the methodology for linking operational performance, with economic performance valued in terms of costs.

Marco Brandalesi, Principal Supply Chain, Manufacturing&Operational Excellence will introduce, through real application cases, the Cost Deployment pillar and the 7-Step implementation roadmap.

Why implement the Cost Deployment Pillar:

• Planning: Rigorously establish a cost reduction program;
• Monitor: Monitor progress in improvement projects and verify the results;
• Drive: Define improvement activities focusing on the most impactful ones
• Monetizing: Ensure alignment between the activities fielded and the benefits in terms of cost reduction.

Objectives achieved:

• Understand the relationships between cost factors, the process that generates them, and the various types of waste and losses
• Finding the connection between waste/loss reduction and corresponding cost reduction
• Quantify potential and expected economic benefits
• Prioritize improvement plans based on an objective benefit/cost analysis

We look forward to live streaming with Q&A sessions from 5:30pm to 6:30pm!