Hi.
Greeting!
Please could you provide two examples of when you have achieved cost savings in an organisation?
Thanks
Menu
Cost saving
Replies (4)
Quick Summary
When you implement a good quality control, then any detective goods that get produced will eliminate by keeping proper checks on production.
It depends upon many factors. Just follow off performance management and you will observe many things which you can achieve. However, there are no formulas to do magic.
A higher rate of interest loan paid off with a lower rate of interest loan. Evaluating whether to start a factory canteen vs appointing a third party caterer. Maintaining a dollar bank account to avoid conversion costs for export Receivables and import payables etc etc
These are also good measures, Finance side and quality side. Then you can improve on governance to reduce any agency costs. It's simply like when ever you give a check to your creditor, find out what are the other alternatives you could have chosen to reduce that cheque into half. You will automatically know what to do.
Recent Topics :
- NSFA(National Food Security Act) commission
- RCM applicability on petty GTA freight (₹450
- Short payment reccieved in export & GST implic
- Parag Gupta vs Purushottam Aggarwal- who is best f
- GST applicability on own-vehicle goods transportat
- FAST DS Scheme 26
- 12A registration expired in FY 22-23 and is not re
- Seeking Clarification on Business Code Selection a
- CG on property sold after construction of a house
- Nursing Home Taxability
Related Topics :
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER
Anupam Parashar & Co.
Ghaziabad
CA Final
View Details
ARTICLESHIP
16 September 2026
Article Assistant
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
ARTICLESHIP
04 September 2026
Accounts Executive
Hema Yashwanth & Associates
Chennai
B.Com
View Details
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared
Getmyca Consultant Pvt Ltd
New Delhi
CA Inter
View Details
CCI
Pro
CAclubindia
