This is a principle we are currently developing at ACE Innovate Systems Services on Progressive Cost Reduction Strategy.
It is a layered approach to cost reduction. Reducing organization cost parameters layer by layer. Its a top down approach to reducing cost.
First the introduction of cost structure and processes before the optimization of structure and processes. The concept involves an iterative process driven by constant percentage reduction targets.
This progressive consistent approach must be seamless and measurable.
The philosophy of "The Screw" is that it must be DRIVEN in LAYERS.
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