Tag Archives: cost reduction

Recycling reduces costs

I live in Somerset.  So I happened across this report by the Somerset Waste Partnership.  It provides a detailed breakdown of SWP’s costs over a seven year period.  But of more interest is its analysis on how recycling contributes to … Continue reading

Posted in Chap 17 Internationalisation and CSR, Sector: Public Services & Charities | Tagged , | Leave a comment

Cutting hospital waiting times (and costs)

NHS waiting times in hospitals is the topic of the opening case insight of chapter 8 in our book.  There is an interesting article in the LBS Review that proposes a new approach to this issue… At the moment, how hospitals … Continue reading

Posted in Chap 08 Queuing and customers, Sector: Public Services & Charities, Uncategorized | Tagged , | Leave a comment

How the cloud can reduce admin expenses

Expend is a rapidly growing startup the enables both large firms and SMEs to better control and reduce their expenses.  It does this by issuing cards (either pre-paid or credit card) to employees, so that whenever they purchase anything, via … Continue reading

Posted in Chap 10 Processes and technology | Tagged | Leave a comment

Procurement, risk, digital, cost reduction, new product development….

Fascinating video from Deloitte reporting on their 2017 survey of Chief Procurement Officers.  In four minutes it manages to illustrate the complex interaction between strategy, operations and the supply chain, and the potentially central role procurement has.  To my mind, … Continue reading

Posted in Chap 03 Processes and life cycles, Chap 05 Supply chain, Chap 12 New products and services, Chap 14 Operations strategy | Tagged , , , , | Leave a comment

OEE explained

This Micromax infographic explains OEE very effectively.

Posted in Chap 07 Capacity and demand, Sector: Manufacturing | Tagged , , , , | Leave a comment

Element hotels – clever cost saving design

Marriott has opened 32 Element properties (mainly in the U.S.A.) and has a further 72 in the pipeline.  The Element concept is basically a studio hotel, that is to say a conventional hotel room that is slightly larger in order to … Continue reading

Posted in Chap 04 Location and design, Sector: Hospitality & Tourism | Tagged , | Leave a comment

Sustained cost transformation

All organisations need to manage their costs.  Most will also be striving to minimise these costs.  But there is lots of evidence to show that firms are not in control of their costs as they would like to be, nor … Continue reading

Posted in Chap 14 Operations strategy | Tagged , , , | Leave a comment

Shared services – where we were in 2015

We blogged a few weeks ago about shared service at BAESystems, so it was interesting to come across this article summarising research into this phenomenon written by Herbert and Oshri (2015), two academics specialising in this field.  They conducted a … Continue reading

Posted in Chap 01 Introduction | Tagged , , , | Leave a comment

It’s not just budget hotels being constructed from prefab modules

Budget hotels have been assembled from preconstructed modules for quite some time now, as have bathrooms installed into hotels.  But as this technology has become more sophisticated, more upmarket and boutique properties are being developed in this way .  For … Continue reading

Posted in Chap 04 Location and design, Sector: Construction, Sector: Hospitality & Tourism | Tagged , | Leave a comment

‘Cognitive manufacturing’ – how the internet of things and analytics apply to factories

IBM Watson’s video is a great introduction to IoT and analytics in the manufacturing context…  

Posted in Chap 06 Materials and inventory, Chap 09 Quality, Chap 10 Processes and technology, Sector: I.T. & ecommerce, Sector: Manufacturing | Tagged , , , | Leave a comment