What cost-cutting measures have you implemented?
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Answer Posted / viswanatha reddy
Unwanted cost cutting measures are very important not only
during recession period but also required for normal course
of business.
We have followed measures:
-Removed number land line phone connection provided on
sharing basis i.e. 1 each to 4 employees.
-Re-fixing mobile allowance to lower limit.
-Switching off the lights during the lunch time.
-Switching off the ACs every 2 hours once for next 2 hours.
-Cut down the unwanted travels.
If it is business call then meeting to be conducted on VC to
extent possible.
-Reducing the undesired stocks.
-Re-negotiated prices with vendor.
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