Case Study: Global Cost-Reduction The following Case Study demonstrates Gagnon Associates’ approach to worldwide cost-reduction for a global maker of consumer electronics products: The Company A major European-based, worldwide manufacturer of consumer electronics products. The Problem Fiercely competitive market pricing by the Japanese and other rival consumer electronics manufacturers places extreme pressure on margins. To reduce costs and maintain margins, company must bring about global standardization so as to better leverage worldwide economies of scale. The Approach In its effort to reduce the integral cost of each TV component — and thereby, total TV cost — company embarks on a component-by-component, team-based, analytical approach, using the services of Gagnon Associates. Over

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