hi, kindly Let Me Know Some Cost Cutting Ideas Which We Can Impliment N Our Organization. Other Than Less Use Of Paper, Save Electricity Etc... regards< Shweta
From India, Bharat
From India, Bharat
As your business evolved, it gathered a lot of surplus assets, items, and operating expenses.As your business evolved, it gathered a lot of surplus assets, items, and operating expenses.
so see the big picture.
techniques:-
use cheaper pens
use less stationary
stop/ minimize the subscription of papers magazines
discard/cancel the memberships
stop/minimize busines travels
minimize the use of company phones
check the accounts and find the petty cash expences, cut them
From India, Delhi
72so see the big picture.
techniques:-
use cheaper pens
use less stationary
stop/ minimize the subscription of papers magazines
discard/cancel the memberships
stop/minimize busines travels
minimize the use of company phones
check the accounts and find the petty cash expences, cut them
From India, Delhi
Hi,
To cut the cost we could practice the following.
1. Cut the telephone and mobile calls. We need to plan for the calls and ensure that we document the communication so that there is no repeated calls.
2. Travel cost.- Plan for the Travel share the responsibilities so that one person need not travel for simple or one task.
3. Usage of Internet could be managed.
4. Creamy allowances of TOP or middle managers can be based on their performance not on rank
5. Ensure that all employees work during the specified work time and not extend the same. If you find some one extending check out for the reason and take corrective measure to put it right
6. Cut the Lodging expenses for shorter trips.
7. Manage the courier cost. You can send ordinary communication trough mail or registered post or even speed post to save cost rather than desk to desk services.
Regards
Vijay
From India, Coimbatore
To cut the cost we could practice the following.
1. Cut the telephone and mobile calls. We need to plan for the calls and ensure that we document the communication so that there is no repeated calls.
2. Travel cost.- Plan for the Travel share the responsibilities so that one person need not travel for simple or one task.
3. Usage of Internet could be managed.
4. Creamy allowances of TOP or middle managers can be based on their performance not on rank
5. Ensure that all employees work during the specified work time and not extend the same. If you find some one extending check out for the reason and take corrective measure to put it right
6. Cut the Lodging expenses for shorter trips.
7. Manage the courier cost. You can send ordinary communication trough mail or registered post or even speed post to save cost rather than desk to desk services.
Regards
Vijay
From India, Coimbatore
Shut down the systems when not using them Convey the message to the employees about cost cutting Regards Mithun
From India, Mumbai
From India, Mumbai
Dear Shweta ,
all the reply are really appreciated. but here one thing is missing which is one of most important part for co-orporate, i.e., Parties & function.(either less organise party or make this company gathring only).
1. Travelling/tour: a) if Air travelling : make it economic class or convert it in
Railway/AC compartment.
2. fix the exact amount for phone expences: in case if thats amount is more than
fix amount, then you can take action either stop the service or cut that exeeded
amount from his/her salary.
3. not only stationery or electricity bill, but also we reduced the use of nternet .
this will also help in reducing cost.
Regards,
Nayana Bharadwaj,
all the reply are really appreciated. but here one thing is missing which is one of most important part for co-orporate, i.e., Parties & function.(either less organise party or make this company gathring only).
1. Travelling/tour: a) if Air travelling : make it economic class or convert it in
Railway/AC compartment.
2. fix the exact amount for phone expences: in case if thats amount is more than
fix amount, then you can take action either stop the service or cut that exeeded
amount from his/her salary.
3. not only stationery or electricity bill, but also we reduced the use of nternet .
this will also help in reducing cost.
Regards,
Nayana Bharadwaj,
Dear Sweta,
Cost cutting has become a tread now, and every org is implementing it after recussion period.
You question is genuine, and the replies you got may motivate others also to implement the same in their organisations.
We also have are trying hard on cost sutting, just imagine urself how good a home maker you can, a good home maker is one who allocates a budget in the beginning of the month and works out to meet the goal at the end of the month.
So, my suggestion is BUDGET.
Give a budget to each department, and if they cross that, they will be waived of the service.
Make a budget, keeping in view the expenses incurred in the last 3 month average and + 20%. and u can have a margin of addition 10% with out their knowledge.
Hope u like my idea.
Regards,
From India, Bangalore
Cost cutting has become a tread now, and every org is implementing it after recussion period.
You question is genuine, and the replies you got may motivate others also to implement the same in their organisations.
We also have are trying hard on cost sutting, just imagine urself how good a home maker you can, a good home maker is one who allocates a budget in the beginning of the month and works out to meet the goal at the end of the month.
So, my suggestion is BUDGET.
Give a budget to each department, and if they cross that, they will be waived of the service.
Make a budget, keeping in view the expenses incurred in the last 3 month average and + 20%. and u can have a margin of addition 10% with out their knowledge.
Hope u like my idea.
Regards,
From India, Bangalore
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