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Is there is a programme in place to progressively reduce non value-adding costs?

April 26, 2017costs Programme progressively reduce

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Is there is a programme in place to progressively reduce non value-adding costs?

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A Yes. A non value-adding cost is anything which adds cost but not value to the saleable product or services provided by the company to customers. All the wastes are investigated from time to time. Every new product and process is evaluated against the need to reduce waste.