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Turning Cost Management into a Competitive Advantage

Michelle Boucher | March 12, 2014 ,

Cost Management can be challenging for any company, especially those companies smaller in size — take for example a family owned and Canadian based manufacturer of harvesting equipment. They specialize in the production of

NACCO Materials Handling Group: The Story of an Unexpected Discovery for Cost Management

NACCO Materials Handling Group (NMHG) designs, engineers, manufactures, sells, and services a portfolio of materials handling equipment that is among the most comprehensive in the industry. Headquartered in Cleveland, Ohio, they are known for the

How the Best-in-Class Take Out Cost

Michelle Boucher | November 19, 2013 , , ,

As I mentioned in my first post, it is the second version of the product that typically focuses on cost reduction.  With that in mind, we took a look at some of the best

The Secrets of Meeting Cost Targets

In my last post, I discussed how important product cost management is and why it is difficult. Now I would like to discuss the best ways to overcome those challenges.  We will next look

Are You Struggling with Product Cost? You Are Not Alone.

Michelle Boucher | October 9, 2013 , ,

New products are the lifeblood of a company, but bringing successful new products to market is not easy. In a new study we are running at the Aberdeen Group, we are examining some of

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