Hello
The cost cutting can be done on various aspects like,
Manpower, work scheduling, daily consumables, mode of transport and energy cost, additional benefits to the staff. But before that categorize the needs like,
necessity, important, not important and extravagant. This should be done again considering the cost and benefit factor onto each needs.
This is in broader sense. Please go back in micro level.
Cheers
Dear Shweta,
First of all I want to know why u are going for cost cutting. (Advise Please not use for making numbers. if for other reason pls follow the below points)
You make list of Admin Activities.
1.Stop Overtime,
2.Choose right person for right job,
3. Give leave to UN-necessary Manpower (Example: if you have 100 manpower. then give leave to some employees for one to two weeks. follow same to other employees when they came.)
4.Save Electricity.
5.Mode of transportation.
6. Stop additional benefits to Senior Staff.
& Motivate to Employees so that they can Extend their out timing.
(Example : if office timing is : 9.00 Am To 6.00 Pm. Extend it for 9.00 Am to 7.00 Pm , as well as lunch timing is only for half hours.)
for any other assistance mail me on [Login to view].
Thanks
Amit sharma
09729355041
Hello
U need to confirm how many employees are there in your company. And in which section you want cost cutting.....i.e. Admin, Accounts, HR or any other....
Specify your requirements for effective solution.
Dear Shweta,
There are some of the main admin activites where u can cut down the cost:
1. Travel Booking
2. Courier
3. Electricity
4. Mapower in Security / Houskeeping / Pantry that comes under Admin.
5. Stop benefit of late sitting
It depends on which industry you are working. If anything you want to know can reach at [Login to view]
Thanks
Amit
Dear All,
Thank u all for the inputs, but i need to have more details like how can we control below expenses -
1. Travel Booking
2. Courier
3. Electricity
4. Mapower in Security / Houskeeping / Pantry that comes under Admin.
Hello Shweta
TRAVEL BOOKING:-
1. You can book 2nd class tickets instead of 1st class [when the same is very urgent]
COURIER
Try to do communication through mails... not to send Letters if it can be done through Mails... You can scan the same and send to concerned people
ELECTRICITY
Inform all staff to SAVE ELECTRICITY
- by giving training on Saving Electricity
- Switch off Fans, light, xerox machine,etc.. when not required / during lunch hours / when no one in cabin
- Keeping AC at required temperature
- Not to keep PC on Hibernating mode while leaving the office
ADMIN
- Keeping minimum limit in tea/coffee consumption
- Change of Housekeeping [Effective Rates]
- Reduce use of Stationery
- No personal calls
- Lock the outgoing of phone instruments and give the liberty to some staff [sales, HR]
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