In today’s economic climate, the need to cut costs can be the difference between success and failure. This book covers all major cost reduction areas, providing easy to read examples and advice on steps to take. It provides the roadmap for implementing recommended actions with true and tried methods by taking a modern, all-inclusive look at manufacturing processes. Cost Reduction and Optimization for Manufacturing and Industrial Companies is the ideal ‘how to’ guide for any manufacturing professional (engineers and executives alike) outlining what steps are needed to make dramatic improvements in product cost and quality. Any manufacturer who wants to be successful in today’s competitive business climate must employ most or all of the cost reduction processes outlined in this book if they want to survive and prosper in the future.