Elements and Performance Criteria
- Analyse cost components of work area or team function
- Improve cost-efficiency of processes and procedures
- Identify methods of improving productivity and/or reducing costs within area or team’s responsibility.
- Determine cost/benefit ratio of alternative methods of improving productivity and/or reducing costs.
- Consult with all relevant stakeholders regarding possible changes.
- Recommend changes which will increase productivity and reduce cost and variability.
- Implement recommended changes in consultation with relevant stakeholders.