Cost Transformation - Planning ahead

To plan effectively, a business should analyse and understand the opportunities and risks – particularly the competitive forces at work – that are prevalent in all its markets. Whether its strategic positioning is to be a low-cost leader or to own a unique market position, a business must have strategies to improve and sustain profitability by controlling costs.

Any analysis should therefore include comparisons of the costs and prices of equivalent competitor products and of the business’ cost structures with