This permits easier identification of cost reduction opportunities. Many businesses have not used Activity-Based Costing due to the very high cost of making changes to their financial systems. Undertaking this daunting task is not necessary . Instead, a one-time workplace survey can assign costs to cost drivers, processes, products, and customers with a minimum of effort and cost. The statistical survey identifies low value-added activities, high rework areas, and other improvement opportunities.
Workshops develop action plans to improve quality and productivity and reduce costs.