Ajoy K Guha - Associates - Corporate Consulting & Training Ajoy K Guha - Associates - Corporate Consulting & Training Ajoy K Guha - Associates - Corporate Consulting & Training
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How to Carry out Costs Reduction Strategy Programme. (2 Days)

Rationale
Cash is like oxygen to a company. This is saying the obvious. Not so obvious is the following.
Keeping operating expenses at reasonable levels has assumed greater importance in recent years, and conserving cash is no less important than making more sales.

Every business, even the most successful, faces cash traps at various times in the course of operation. Some develop preventive and precautionary measures to minimize their occurrence or effect. Too many businesses scramble to put out one cash trap fire after another.

This workshop has worked for others? It has, in my 28 years career. This is a function where every little counts. Costs Reduction and Control adds to Net Profit.

Key Focus Area
Increasing sales makes it necessary for a company to find money in order to provide precious working capital, while cost reduction costs virtually nothing. A rupee saved is a rupee added to the company’s bottom line.

The sorry story about the cost reduction programme is, most businesses think in terms of reducing workforce as a first point, which may be true in some cases. But research says that there are other operating areas that should be attended first. A company need to rank the operations and the priorities in which this cost reduction programme is to be approached.

 
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