3min chapter

The Private Equity Podcast, by Raw Selection cover image

Eric Stewart Discusses Setting Goals and Driving ROI for PE-Backed Companies

The Private Equity Podcast, by Raw Selection

CHAPTER

How to Drive Effective Cost Cutting Processes

I think when I look at the eight key wastes, probably the one I would say the most from private equity standpoint is utilizing internal knowledge. It's really about starting from the ground level up and saying, okay, how do you do this? And then it gets into mapping it out, which then starts driving to the other key waste. You know, do you have over processing? Do you have too much motion in the process? Are you having a good supply push, pull or even commercially? Am I doing those things efficient?

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