To reduce costs, enterprises must start from the following eight aspects.
Budget
First of all to establish a budget system, and to have legal effect, under heavy pressure, must have a brave person, after the budget is forced out, profits will follow.
Organization
Eliminate unnecessary organization departments, reorganize product research and development process, sales process and order delivery process, and design new benefit mechanism according to the new process.Employees
Give full play to the role of each employee, set clear goals for each employee, carry out regular assessment, eliminate the employees who fail to meet the assessment standards.
Inventory
Set minimum inventory standards. Perfect combination of product and production line, cyclic delivery; If it is a supplier route, it needs to sign a supply contract with the supplier to ensure priority delivery.
Procurement costs
Identify the company's core competitive products, pitting buyers against suppliers.
Low quality customers
Eliminate low quality customers, put an end to the phenomenon that funds can not be recovered smoothly.
Daily expenses
Save unnecessary expenses in the daily operation of the enterprise: unnecessary entertainment expenses, travel expenses, etc.
Many enterprises like to call employees to have meetings, but meetings waste time, employees naturally have no time to do other things, which may affect the progress of work and improve the efficiency of work.
