cost reduction strategies
- Date: 2007-02-07 - Word Count: 115
Share This!
In today's world when Corporate are struggling for profits and with fierce competition in the market, cost reductions, productivity enhancement and lean organizations have become today's mantra s for survival.Folllowing are the key area where you can implement cost reduction methods with significant results. Following are major areas of 1. Raw material procurement: a) Bulk buying b) Opportunity buying c) Make or buy d) Annual Rate contracts
2. Logistics- Inbound and Outbound:
a) Route mapping b) Loadability
3. Warehouse and Stores: a) Low inventory b) Space management c) EOQ
4. Manufacturing Process (Production) : a) Lean manufacturing b) Automation c) OEE
5.Energy, fuel & Water a) Motors b) lighting c) compressors d) fuels e) recycle f) Waste water management 6.Information Management Enterprise Resource management
7. Human Resources Out sourcing
For more details &information visit http://www.shumaonline.com/
Related Tags: profit, savings, procurement, energy savings, cost reduction, raw material
Your Article Search Directory : Find in Articles
Recent articles in this category:
- Blogs Articles - Looking for Guild tool
While some have already dismissed it as a clone of the guild advancement systems already available i - Affiliate Programs Articles - Learn Affiliate Marketing And Create A New Income Stream
Affiliate marketing is a kind of commission sales. But you need only make your sales pitch once in - How Online Bookstores Gain Advantage Over Traditional Ones?
Availability of BooksWhat happens if you don't find the book you want at a physical bookstore? You m - Where To Sell Gold
The best jewelry to trade in this way are the ones that have zero resale worth as jewelry, such as o - EBooks Articles - Find E-Books and PDF's in the Technology Revolution
Ebook is a short form of a PDF Book. It is typically watched on a personal computers. Some users eve - Herb Garden Plants - Tips On Deciding What To Grow
Starting an herb garden from scratch can be a daunting task. To help get it right the first time, th - Tricks To Sowing Seeds In Your Home Herb Garden
Sowing herb seed outdoors sounds pretty straight forward, and it is. But there are a few tricks to s - Do Ebook Manufacturers Ignore The International Market?
Most owners of ebook readers are reportedly very happy with their devices. In fact, a little more th - Selling Plr Products Is A Quick Way To Make Money Online
Are you hunting for methods to use eBooks to make money online? There are many of articles and websi - The Superior Tips Guide For Selling E-books On Amazon
Why marketing electronic books is a remarkable concept. However it does not need internet site. Text
Most viewed articles in this category:
- Article Marketing Made Easy
Many online marketers today sell their own products. Writing e-books and special reports are popul - Business Course Online Writing
Business Course Online Writing, or email courses are becoming an increasingly popular way for savvy - How Audio Books Can Help Engage Your Children In Their Learning
It is always a challenge to get children to sit down quietly and read a book, especially kids who ar - From Hardcopy Books to Digital Ebooks
You don’t have enough time to go and buy the original book of any of your favorite autho - Why You Should Write Ebooks
Maybe you are wondering why somebody who is selling something on the internet would start to write a - Stop Losing Sales To Intellectual Property Thieves With These Piracy Prevention Tips
Make the download page difficult to findPlace your product in an obscurely named folder and - Gardening Ebooks
Feel like gardening today? Don't know where to start? No problem you can find all the gardening tip - Buying Ebooks - It's a Question of Format
Ebooks come in many different formats, from the simple text file through to .exe and PDF files. PDF - Why Audio Books are So Popular, and How You Can Benefit
There are a number of reasons why audio books are enjoying such an enormous surge and in popularity - Rich Jerk - Read This Before You Buy
The "Rich Jerk" uses a marketing technique called anti-marketing. He decided to act like a jerk on