Implement a set of Key Performance Indicators (KPIs) tailored to accurately measure the effectiveness of cost reduction initiatives, ensuring alignment with strategic objectives.
• Conduct a comparison of the organisation’s performance metrics against industry benchmarks, pinpointing areas where improvements can be targeted for enhanced competitiveness.
• Foster an environment of ongoing performance evaluation and enhancement, leveraging insights from KPI tracking and benchmarking analyses to drive systematic improvements in operational efficiency and cost management.
