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Description:
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The book deals with issues like how to reduce costs, simplify procedures and increase profits.
About the Author
C Northcote Parkinson - Author of several best-sellers including Parkinson’s Law, he taught in universities like Harvard, Liverpool and Illinois. M K Rustomji - Formerly CEO, Tata Engineering & Locomotive Company.
Table of Contents
What is Meant by Controls • What are Costs? • Costs Must be Cut... • Cutting Costs and Cost Consciousness • Management of Money • Hidden Costs • Save Money by Spending Money • Costs: The Supervisor’s Responsibility • How do You Bring Down Costs? • Production and Sales at an All Time High... • Control Through Budgets and Standards • Keep these Well Under Control • Procedures should be Self-checking • Common Costs and Profitability • Our Biggest Bug-Bear... • Philosophy of Control: The ABC Classification • How to Keep Down Inventory • Material Control Step by Step • What is Profitability? • Forecasts and Cost • Parkinson’s Law... • Human Factor: The Crux of the Matter • Reasons for the Success of an Efficient Firm • How Computers Help? • What is Operations Research? • It Helps Decision Making? • The Most Effective Way of Reducing Costs: Produce More
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