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Question:   What cost-cutting measures have you implemented?



July 07, 2009 03:40:05 #1
 krishnahr13   Member Since: July 2009    Total Comments: 1 

RE: What cost-cutting measures have you implemented?
 
Unwanted cost cutting measures are very important not only during recession period but also required for normal course of business.

We have followed measures:
-Removed number land line phone connection provided on sharing basis i.e., 1 each to 4 employees.
-Re-fixing mobile allowance to lower limit.
-Switching off the lights during the lunch time.
-Switching off the ACs every 2 hours once for next 2 hours.
-Cut down the unwanted travels.
If it is business call then meeting to be conducted on VC to extent possible.
-Reducing the undesired stocks.
-Re-negotiated prices with vendor.

     

 

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