Cost Reduction Plans Powerpoint Presentation Slides

Slide 1: This slide introduces Cost Reduction Plans. State Your Company Name and begin.
Slide 2: This is an Agenda slide. State company agendas here.
Slide 3: This slide presents Key Levers to Cost Management with the following subheadings- Procurement (Due to reducing cost in china, many procurement teams are facing growing pressure. This will lead to more strategic sourcing, consolidation of resources and improved contract & inventory management). Operational Efficiency (Companies often reduce focus on operational & process efficiency. Top performing companies understand the fact that financial strength is built from driving out operational inefficiencies). Supply Chain (Inefficiencies in channel management and distribution networks needs to be identified & understood to optimize efficiency gains along the supply chain). Working Capital Management (To ensure sustainability, reduce reliance & exposure to short-term funding needs It is also subject to exposure and risks from areas including receivables, payables and inventory management).
Slide 4: This slide presents Levers to Achieve Successful Cost Optimization with the following subheadings- Discover, Insight, Design, Implement, Maintain & Grow.
Slide 5: This slide presents Levels of Strategic Cost Optimization in graph form with the following points- Reduce (Reduce costs and prioritize spend) Optimize (Remove waste, increase efficiency) Rationalize (Business relevance, flexibility, agility) Transform (Invest more to optimize more).
Slide 6: This slide presents Detailed Levels Within Strategic Cost Optimization Framework with the following subheadings- Reduce: Cut costs and prioritize spend, Optimize: Remove waste and increase efficiency, Rationalize: Seek business relevance, flexibility and agility, Transform: Invest more to optimize more.
Slide 7: This slide showcases Prioritizing IT Cost Optimization table on the scale of - Reject, Accept, Evaluate.
Slide 8: This slide shows IT Cost Optimization: Three-Step Approach- IT Investment Optimization: Flat or declining IT budgets, coupled with an increased demand for IT services Removal of expenses from current spend or run rate in order to invest in future business opportunities. Define IT investment Optimization Goals, Identify Investment Opportunity, Prioritize Investment Portfolio, Develop Ongoing Governance. IT Cost Assessment: Business challenges identified through merger, acquisition or divestiture of business operation Increased utilization of IT resources & assets Alternate Sourcing, Business Alignment, Vendor Renegotiation, Consolidation/ Rationalization, Standardization, People Alignment. IT & Business Alignment: Opportunity Identification Realization of Benefits: Software, Hosting, Network, End User Computing, IT Overhead Management.
Slide 9: This slide presents IT Cost optimization Initiative Benefits with the following subheadings- Application Portfolio Rationalization: Improved Cost Management, Increased Efficiency, Business Transformation. Infrastructure Rationalization: Reduce total Cost of Ownership, Improve Economies of Scale by Standardization of Assets. Organization & Operating Model: Savings Due to Process Standardization and Reduced Re-work, Improved Product Quality and Service. Operations & Process Transformation: Improve visibility of End-to-end Value Chain, Increase Demand Forecast Accuracy, Drive Significant Increase in Bottom Line.
Slide 10: This slide shows Cost Optimization Techniques such as- Improving Data Management: Enable people to share data in an easy & efficient way & use that data to create business value through better & faster decisions. Supply Chain Optimization: CIOs need to work collaboratively to look beyond cost reduction to enable increased sales. Focus should be on using a mixture of conventional & unconventional techniques to optimize IT & business costs. Process Automation: Business leaders need to go beyond the current use of automation to robotics, and leverage the Internet of Things and smart machines to build intelligent business processes. Customer Self-Service: Establish a strategy to handle self-service technologies, which must be continuously updated and based on the customer’s perspective and experience.
Slide 11: This slide also presents Cost Optimization Techniques such as- Improving Business Efficiency Through Analytics: Advanced analytics helps in reducing customer churn and make equipment safer. Utilizing analytics also helps in the customer retention or improving marketing responses which in turn can have a big impact on the business. Digitalization of Business Processes: Develop an integrated approach that brings together required competencies & expertise, along with buy-in from the executive leadership team. Improving Inventory Management: As inventory is a working capital asset, reducing inventory will contribute directly to the bottom line. Continuous Improvement Culture: CIOs need to work collaboratively with business leaders to focus on lean improvement efforts.
Slide 12: This slide showcases Cost Optimization Planning. Present planning aspects here.
Slide 13: This slide presents Stages in Cost Reduction- Cost Cutting, Cost Management, Cost Design, Cost Positioning.
Slide 14: This slide presents Cost Cutting with the following content- Cost Cutting involves cuts in spending based on arbitrary criteria, Costs are divided into committed & discretionary categories, Cuts target discretionary before committed; large before small; expedient before sensitive, Performance measured against historical standards.
Slide 15: This slide presents Cost Management with the following content- Cost Management involves a systematic approach to cost reduction that involves an understanding of relevant cost drivers. Costs are organized by resources, activities, and cost objects. Reductions achieved by eliminating unused capacity, nonvalue-added activities, & reducing activity cycle times. Performance measured against long-term target standards.
Slide 16: This slide showcases Cost Design with the following content- Cost Design involves an evaluation & redesign of the internal value chain . It seeks to improve the relationship among resources required and work performed to satisfy customer requirements. Costs are organized by process & sub process. Reductions achieved by eliminating redundancy & conforming to operational strategy. Performance measured against best-in-class standards of performance.
Slide 17: This slide showcases Cost Design with the following points- Cost Positioning involves an evaluation & redesign of the external value chain. It seeks to improve the relationship among supply chain members to enhance competitiveness. Costs are organized by links in the value chain. Reductions achieved by consolidation of links, sharing information, better coordination, & exploiting synergies among supply chain members. Performance measured against strategic objectives such as market share & price targets.
Slide 18: This slide presents Comparison of Stages in tabular form.
Slide 19: This is a Coffee break slide. You can change the slide content as per need.
Slide 20: This is a Cost Optimization Strategy Icons Slide. Use the icons as per need.
Slide 21: This slide is titled Additional Slides to move forward. You may change the slide content as per requirement.
Slide 22: This is Meet Our Team slide to display names, designation with image boxes.
Slide 23: This is an About Us slide. You can shows company/team specifications etc. here.
Slide 24: This is an Our Target slide. Show targets, goals etc. here.
Slide 25: This is a Timeline slide to show company growth, evolution, milestones etc.
Slide 26: This is a Puzzle image slide to show information, specifications etc.
Slide 27: This is Our Location slide with a world map imag to show global presence, growth etc. here.
Slide 28: This is a Magnifying glass image slide to show information, specifications etc.
Slide 29: This slide is titled Charts & Graphs to move forward. You may change the slide content as per need.
Slide 30: This is a Pie Chart slide to show product/entity comparison, specifications etc.
Slide 31: This is a Bar Graph slide to show product/entity comparison, specifications etc.
Slide 32: This is a Radar Chart slide to show product/entity comparison, specifications etc.
Slide 33: This is an Area Chart slide to show product/entity comparison, specifications etc.
Slide 34: This is a Thank You slide with Contact Numbers, Address# Street number, city, state, Email Address.