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Proper Monitoring and controling the unnecessary expenses. Improvement in process and labour management.
Plan a head of time so you can select the best offer even with a londer duration that will diffinetly reduce the cost.
Please select the multi purpose technical staff . Remove the staff who are not giving proper result . Knowlege of technical staff with hand on experiences is required before recuriting .
he should be result orient and hard worker . The energy subject is most important to follow by every staff of the building .
The property manager should take interesrt to have regular round and control all the lights /water and AC .
Recommanded always LED light fixtures to a extend and minimize the wattage as required for the area .
Transformer should be select design with minimum loses .
raising main duct should check the tempratures and ensure timly PPM .
Thanks
Ashok ghai
Negotiation,Discussion,implementation.
Embracing Technology
Right man for Right Job
Identify inefficiencies; tighten up your process and procedure. You can reduce waste (both material & time) and therefore reduce cost.
An open bidding system for project and work will give competitive & lower price. Thus, cost will be reduced.
It might be prudent to shift responsibility of certain business practice to another business party or consultants. Outsourcing of certain portion of business whose skills and infrastructure are not available in the company is generally helpful in reducing the cost.
· by using Technology in Accounting, website hosting, marketing communications, payroll and more have all benefited from programs and services that make it easier to manage facets of business.
· Use outsourcing is advertising and marketing. Hiring an outside vendor will reduce expense.
· If you work with vendors on a regular basis, you might want to set up a bidding system. Greatly affect the heavy operations on sales force.
· Pay Invoices Early or On Time. Many vendors will offer a discount if you pay your invoice early.
· Empower your employees to look for inefficiencies and identify ways to save time and money. Maybe they will predict something.
· Cancel Unused Services Take a look at all of your expenses over the past six months. Renegotiate your existing contracts.
· Go Green If you do have an office space, consider making it as green as possible to reduce energy usage. Replace regular light bulbs with compact fluorescent lighting, look to reduce heating and cooling costs by improving your insulation and windows, and cut back on the amount of physical waste. Encourage employees to communicate via email or other electronic means if they don’t already do, and ask your vendors to do the same. This can drastically decrease the cost of your monthly office supply order.
Reduce headcount, Reduce working capital, Improve effciency and productivity of production. Source from sustainable high quality reliable suppliers at cheapest possible unit cost
Optimization of the expenses is the correct way to control the cost of operation. Cutting Cost may lead to the compromise of quality or scope of the project operation.
