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Cutting operating costs

Finding and making cost savings in running the business without harming service, safety or quality.

Good work shows: Breaks costs down to find the largest items; checks each saving's effect on service; tracks savings actually achieved.

Cutting operating costs is one of the operations skills on FinderK.

The job simulations and Skill Paths below include work that is checked for this skill. You do the work in an original fictional company and get feedback on it.

Job simulations

Test the depot consolidation savings

Management consultant at Larkspur Partners

About 85 minutes. Included in Plus.

A client's finance director has told his board that closing a depot will save 3.04 million pounds a year. Rebuild the savings from the client's own data, tell the steering committee the true number in a deck, and correct it again when a depot manager's figure turns out to be wrong.

Skills: Separate costs that end from costs that move; Build a savings and payback model from client data; Present an unwelcome number answer first; Handle a client sponsor's expectations with evidence; Revise analysis openly when data changes

Skill Paths

Related careers

All skills

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