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Month: July 2019

Energizing Your Corporation’s Value Analysis Teams with New Rules for New Work

July 12, 2019 Boost Profits Admin

Value analysis teams, being unique by their very nature, require new rules, rewards, and compensation to maintain their energy, focus,…

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Posted in: Value Analysis Filed under: goals, motivation, productivity, team management, value analysis, Value Analysis Teams

Benchmarking: Opening Up New Vistas for Corporate Value Analysis Teams

July 11, 2019 Boost Profits Admin

One of the classic tenets of value analysis is to “search for alternatives” that will meet your customers’ functional requirements…

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Posted in: Value Analysis Filed under: alternatives, benchmarking, outcomes, performance, value analysis

Finding More Time for Your Cost Management Initiatives

Boost Profits Admin

We all realize that time is fleeting, and before we know it the year is over and we haven’t found…

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Posted in: Cost Management Filed under: Cost Management, delegate, purchasing, savings, savings goals, time

Finding Time for Value Analysis at Your Corporation

Boost Profits Admin

One of the top five concerns of cost managers, based on our polls, is that their corporation’s value analysis team(s)…

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Posted in: Value Analysis Filed under: Cost Management, sourcing, supply chain, time, understaffed, value analysis, Value Analysis Teams

Finding Time to Analyze the Thousands of Products, Services, and Technologies You Purchase

Boost Profits Admin

A common concern amongst cost managers today is that they have too many products, services, and technologies to analyze and…

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Posted in: Cost Management Filed under: budge approval, cost, evaluate, purchases, supply chain, value justify

Focus on the Right Things by Using Value Analysis

Boost Profits Admin

The future success of your value analysis program depends on FOCUS. When you focus on doing a few things exceptionally…

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Posted in: Value Analysis Filed under: focus, savings, value analysis, value analysis program

Gaining Your Management’s Approval for Cost Management Initiatives

Boost Profits Admin

The cornerstone for any organization to saving money can be summed up in two words: MANAGEMENT COMMITMENT. My experience in…

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Posted in: Cost Management Filed under: approval, business cycles, Cost Management, management commitment, saving, savings, support

How to Gain Internal Customers’ Buy-in to Your Savings Proposals

Boost Profits Admin

In my travels throughout the U.S., I frequently ask the question of corporate executives, “What is the biggest challenge that…

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Posted in: Cost Management Filed under: change, change management, Cost Management, savings, savings proposals

If You Have Limited Time for Value Analysis – Use It Wisely

Boost Profits Admin

Benjamin Franklin once said, “If we take care of the minutes, the years will take care of themselves.” If you…

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Posted in: Value Analysis Filed under: project, technique, time management, value analysis, value analysis studies

Imitate-and-Improve Strategy: A Value Analysis Imperative

Boost Profits Admin

Bestselling author Tom Peters tells us that, “Stealing from the best with pride,” is one of the best strategies we…

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Posted in: Value Analysis Filed under: best value, cost, innovation, LEAN, purchasing, strategy, value analysis

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Recent Posts

  • 5 Biggest Challenges in Cost Management Today
  • 6 Powerful Steps for Developing Proud and Productive Value Analysis Teams
  • A Rewards and Recognition Program Will Turbocharge Your Value Analysis Team’s Performance

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