Operational improvement
For many years, most businesses have differentiated themselves either by delivering goods or services at the lowest cost or by selling an actual or perceived premium quality in order to gain a market advantage.
In today’s global economy, it is becoming increasingly obvious that differentiation is no longer that simple. In order to meet the challenges of today and indeed tomorrow, there is ever-increasing pressure on businesses to be able to provide both low cost and high quality products and services.
Furthermore, there is evidence that the product life cycle of many goods and services is shortening. With the acceleration in technological advancement, the rapid growth of the third world economies and logistics support that was not even dreamt of ten years ago, it appears that ‘better’ products and services appear more frequently – often at a lower cost.
Today, significant business advantage can be gained by those businesses with an operating model and/or cost structure with the flexibility to exploit cost and revenue opportunities in the shortest possible timeframe.
The Baker Tilly Management Consultancy Strategic Cost Management Model is a framework to help businesses to design and implement a business operating model and underlying cost structures that will enable you to gain this sustainable advantage.