IDEA: Assign your scrap cost program to one person and award him for cutting your costs.

Assign your scrap cost to one person and award him handsomely for improvement.  Allow him to evaluate your scrap volume and cost thoroughly. Let him consider scrap rates and cost when analyzing new equipment returns. Compare scrap companies that come and pick up your scrap. What can be done with your scrap? Any market value for a different industry? Is it measured accurately by your dealer? Does your scrap need to be separated to be recycled or reused in the market? What changes can you make in your production process that will cut scrap or use it in the process?

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