Kaizen Costing

Kaizen Costing is a continuous cost management approach focused on ongoing improvement. Instead of setting fixed cost targets, it encourages regularly reviewing processes to identify small, incremental changes that reduce expenses and boost efficiency. This proactive strategy involves involving employees at all levels to find ways to save costs during operations, fostering a culture of constant enhancement. Ultimately, Kaizen Costing helps organizations lower their costs over time without sacrificing quality, ensuring competitiveness and sustained profitability through continuous, collaborative improvements.