Cost Cutting [Thread 131208]

Hi Friends
can you give me the some of the ideas where employees are asked to do the cost cutting. I need to present this to my boss. please help.
what are the area other than,
1) Housekeeping
2) Traveling
3) Training
4) Employee Cost etc. etc.
Please suggest and how ?
Thanks
Raj

Savings on communication cost by negotiating with various vendors you can customise your services according to your requirement.

Hello Raj,

Cost has been a major factor that is worrying all the companies after this recent recession.

Even our company are taking various steps towards cost cutting.

some of them are:

1.Less Telephone calls.

2.Less Electricity usage[fans,lights,AC's etc].

3.Compulsory switching off of computers when not in use/before going home.

4.Less stationeries usage.

5.Usage of 1sided papers.

6.Less usage of papers.

7.Reduced Travel expenses/claims.

8.Using less than the mobile eligibility.

9.Usage of stairs than lifts[ good for health too! :icon10:

10.Less usage of company vehicles/saving fuel in turn.

11. Fixing day for sending courier, hence accumulating all the letters/items and sending at 1time to 1address.

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Friends.. this is indeed very crucial period for all the employers and hence it is the responsibility of the employees to be a part in reducing the cost and as you all know.. 1rupee saved ... is 1rupee profit. [ hope we might be the lucky one's to get this back as hike during our next appraisals :)

All the best.

Switch off all the lights at lunch time.i am govt servent, every one knows that govt employee never sits at on time.second lunch for officers at 2 to 2.30pm and employee 1.30 to 2.00pm. So administration ordered that powers are off between 1.30 to 3.00pm

Hello Raj.

My specific suggestions for cutting back on the cost of training your employees during these difficult times are these:

1. Provide more self-help workbooks and on-the-job aids.
2. Conscript local experts or coaches to take the place of some training sessions.
3. Cut training sessions that do not add value to the organization.
4. Reduce participant contact time for face-to-face training.
5. Review and rationalize your list of training suppliers.
6. Review material costs and printing practices.
7. Replace original graphics with stock images.
8. Enroll employees on courses at local colleges and universities.
9. Relocate seminars held at off-site convention centers.
10. Demonstrate how your training courses help achieve solid organizational objectives.

I explain each of these points on how to cut the training budget at http://www.businessperform.com/artic...ng_budget.html

I hope this helps.

Les Allan
Author: Training Evaluation Toolkit
www.businessperform.com