06 November 2008
My company is manufacturing Cement. We want to start from small plans to cut cost mainly in bank charges ,fund collection, day to day expenses, staff welfare activities, etc
06 November 2008
Start a zero based targetted cost exercise. It means acceptance only of a function that adds value and denial of incurrence of expenditure unless the rationale is understood. It is a tough exercise, but it will lead you to desirec economy across the board.
10 November 2008
Reduce Entertainment expenses, business promotion expenses, telephone expenses, stop new recruitment expenses, limit tours and fix small limit on travel, tour and conveyance, defer capital expenditure if possible
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