PROFIT TARGETS: 

 

Each product should have clear and concise financial goals based upon yearly expectations for that specific category, brand, or business unit. 

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COST ESTIMATION:  

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Develope the ability to quickly and reliably estimate product costs to allow for timely decision making. 

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IDENTITY OPPORTUNITIES:

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Utilizing a team of key decision makers from each development discipline, review all products especially those that are under performing from a financial standpoint and brainstorm cost saving solutions. 

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IMPLEMENTATION CHANGES: 

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Obtain senior management approval for specific cost saving opportunities and identify the key personnel responsible for implementing the changes. 

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DOCUMENT: 

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Report on progress and increased revenue generated by the cost saving programs.