Send us a text

When aren't you in cost-cutting mode in manufacturing? "Never" is indeed the right answer.
But is all cost-cutting effective? "No" is the right answer.
But Chuck Deise is here to help with that.
Chuck, from EFESO Management Consultants, joined us to discuss strategies for sustainable cost-cutting in your industrial business. He highlighted a survey EFESO did with Industry Week, revealing 85% of companies face severe cost pressure, with 91% having more aggressive targets for 2025 and expecting the same aggressiveness for next year.
Chuck emphasized the need for standardized, digitized processes and organizational models to achieve 10-15% cost savings. He stressed the importance of reliability, using advanced sensors and predictive maintenance to improve uptime. He also underscored the significance of a robust performance management system and cultural change to ensure long-term cost reductions and operational efficiency.
Highlights:
00:00 - Introduction
05:30 - Survey Findings on Cost Pressure and Cost Takeout Targets
10:45 - Challenges and Opportunities in Cost Takeout Programs
16:33 - Cultural Change and Operational Improvement
29:17 - Digital Strategy and Advanced Manufacturing Technologies
EFESO Management Consultants: https://www.efeso.com/
The EFESO/Industry Week survey: https://www.argoconsulting.com/resource-insights/2026-manufacturing-industry-report/
Chuck's email: [email protected]