Get concrete strategies for increasing your profits by reducing how much your business spends. Learn how to more effectively manage labor costs, streamline processes, and more.
Cost Reduction Tips - How To Cut Costs And Maximize Profits
Overview
Syllabus
Introduction
- What to expect
- What to reduce: Introduction
- Identify your main areas
- Pareto: Where does all your money go?
- Comparing cost vs. income
- Are your customers a cost?
- Wrap up
- Bad time management
- The cost of low morale
- Bureaucracy and how to reduce it
- Only have brilliant meetings
- Effective uses of management time
- Utilization of people
- The true cost of staff turnover
- How to choose who to fire
- Better alternatives to firing
- Reorganisation: Good or bad?
- Wrap up
- Costs other than people: Introduction
- Stock: The hidden curse
- Central purchasing department analysis
- Are subcontractors a hidden money pit?
- What is your optimum quality?
- Effectively managing queues
- Bottlenecks
- Poor utilization of assets
- The real cost of bad IT
- The small stuff
- Get value from marketing
- A lack of investment can be costly
- Your company culture
- Wrap up
- Top 10 tips: Introduction
- Top 10 things to measure
- Top 10 action to take
- Congratulations
Taught by
Chris Croft
