GA 266 | The True Value of Cost Reduction with Amery Williams

GA 266 | The True Value of Cost Reduction with Amery Williams

By Steven Bonacorsi

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This week’s guest is Amery Williams. Ron and Amery discussed cost reduction and its role in continuous improvement, which can sometimes be controversial. An MP3 audio version of this episode is available for download here.

In this episode you’ll learn: 

  • Amery’s favorite quote (1:28)
  • How Amery got started with lean (3:12)
  • What Amery is up to these days (4:57)
  • How cost reduction makes a difference (6:01)
  • How Amery identifies where to cut costs (9:10)
  • Achieving a balance (11:05)
  • Quantifying the cost of poor quality (13:15)
  • The lean tools Amery finds helpful (16:46)
  • Practical tips for unearthing areas of financial waste (18:06)
  • About fishbone diagrams (19:41)
  • The value of video work instructions (21:44)

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What Do You Think?

How do you feel about cost reduction in the context of a lean initiative?

By: Ron Pereira: Lean Thinker & Co-Founder of Gemba Academy
Posted: May 9, 2019, 10:00 am

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Steven Bonacorsi

Steven Bonacorsi is the Founder of the Lean Six Sigma Group, President of ISLSS, and Lean Six Sigma Master Black Belt

Steven Bonacorsi, President at the International Standard for Lean Six Sigma (ISLSS)
- Master Black Belt in Lean Six Sigma Methodology.
- Expert in Kaizen event for rapid project execution.
- Certified PMP (Project Management Professional)
- Masters in Business Administration (MBA)
- Masters in Computer Information Systems (MS-CIS)
- Numerous IT certifications.
- Over 20 years of Professional Business Consulting experience at the C-Level.
Executive Master Black Belt leading $ billion business transformation projects globally in multiple Industries. I am a leader who delivers results.