How to reduce costs and increase profits?

Updated on Financial 2024-04-26
17 answers
  1. Anonymous users2024-02-08

    Reduce material waste in the manufacturing process on the shop floor and continue to research new production methods.

    Another thing is to try to increase the price, and try not to keep the price too low when negotiating business with customers.

  2. Anonymous users2024-02-07

    Of course, there have been encounters, but the main thing is to open up sales channels.

  3. Anonymous users2024-02-06

    The problem you described is the basic problem that production and processing enterprises can generally encounter, if the inventory is high, it will be positive, if the production and logistics cost is high, then it is necessary to strengthen management, in short, fine management will improve profits.

  4. Anonymous users2024-02-05

    How to reduce costs and increase profits From the following aspects, you can reduce costs and increase profits: 1. Update the cost concept and modern cost control 2. Improve quality and productivity 3. Reduce inventory and shorten production lines 4. Reduce machine downtime and reduce space 5. Eliminate waste and reduce production delivery time 6. Reduce direct material costs 7. Save direct labor costs.

  5. Anonymous users2024-02-04

    Each boss has his own set of business methods, and to be able to reduce costs is to increase profits, such as: takingZeroInventory, logistics costs can be pressed to the lowest point by prolonging the promised delivery time, and the problem of unstable quality is another matter.

  6. Anonymous users2024-02-03

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  7. Anonymous users2024-02-02

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  8. Anonymous users2024-02-01

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  9. Anonymous users2024-01-31

    The main ways to reduce product costs are as follows:

    1. Strive to reduce the cost of procurement.

    Establish a good business selection system, and maintain long-term cooperation with high-quality businessmen. Avoid multi-business, multi-batch scattered procurement.

    2. Reduce the storage amount as much as possible.

    In the process of procurement, it is necessary to avoid large-scale pressure on goods, which will increase the difficulty of warehousing management and increase the financial pressure of enterprises.

    3. Timely disposal of stranded raw materials.

    The warehouse often has the phenomenon that the amount of raw materials used and the frequency of use decreases after the purchase is returned, and the final raw materials are stranded in the warehouse, and they cannot be used up when the materials are about to expire. It is necessary to try to avoid the phenomenon of detention and deal with it in a timely manner.

    4. Reasonably adjust the product pricing structure and control the proportion of costs.

    5. Choose products with relatively high profits for production.

    6. Eliminate products that cannot create value.

    7. Improve production efficiency.

    8. Reasonable planning of the production process.

    9. Adopt appropriate policies to reward employees to reduce the number of scrapped nonconforming products.

    10. Strengthen the training of employees, improve the technical level, and establish cost awareness.

  10. Anonymous users2024-01-30

    The cost of the product mainly includes materials, labor and costs, so if you want to save the cost of the product, you can save it mainly from these three aspects.

  11. Anonymous users2024-01-29

    1.Reduce raw material costs. Look for cheaper raw materials that can meet the quality requirements2Improve production processes and reduce resource consumption.

    3.Improve the level of mechanized operation and reduce labor.

    4.Reduce labor wages or cash costs, and give ** options, etc. 5Reduce the cost of sales and find stable customers.

    6.Pay attention to policy changes and take advantage of policy preferences in a timely manner.

  12. Anonymous users2024-01-28

    The survival of plastic enterprises is becoming more and more difficult, and the profit margin is getting smaller and smaller, especially in the face of the continuous bullish raw materials, downstream customers compete to reduce the cost of the enterprise, in order to survive in such an environment, there must be a magic weapon to surpass others.

  13. Anonymous users2024-01-27

    The second is to reduce the cost of time.

    The third is to reduce circulation costs and inventory costs.

    Fourth, reduce operating costs.

    Fifth, reduce management costs and labor costs.

    Sixth, reduce office expenses and marketing expenses.

  14. Anonymous users2024-01-26

    The answer to reduce the cost of the method is as follows: 1, the daily control of material costs: workshop constructors and technical inspectors to supervise the operation according to the drawings, technology, tooling requirements, the implementation of the first inspection, to prevent batch scrapping, workshop equipment personnel to supervise the maintenance and use of equipment according to the requirements of the process regulations, do not meet the requirements can not start production, the first department of materials to be in accordance with the provisions of the variety, specifications, materials to implement the quota of materials, supervision of receiving, replenishment, return and other systems of implementation, Production schedulers should control the production batch, reasonable blanking, reasonable feeding, supervision of the implementation of the period of standards, the daily control of the workshop material cost, generally responsible for the workshop material accountant, it should often collect materials, analyze and compare, track the reasons, and in conjunction with the relevant departments and personnel to propose improvement measures.

    2. Daily control of wages and expenses: mainly the supervision and control of workshop labor-management personnel on the production site of working hour quotas, attendance rate, working hour utilization rate, adjustment of labor organization, bonuses, allowances, etc., in addition, production scheduling personnel should supervise the reasonable arrangement of the internal operation plan of the workshop, and should reasonably put into production, reasonably dispatch workers, control nest workers, stop work, work overtime, overtime, etc., workshop labor-management personnel (or quotas) are responsible for the control and accounting of the above relevant indicators, analyze deviations, and find reasons. 3. Daily control of overheads:

    There are many items of workshop funds and enterprise management fees, and the situation is different, there is a quota according to the quota control, and there is no quota according to the cost budget to control, such as the use of expense manual, the cost coupon (also called the promissory note, the enterprise circulation coupon) and other forms to implement control, each department, workshop, team is responsible for the control and supervision by the relevant personnel, and put forward suggestions for improvement.

  15. Anonymous users2024-01-25

    1. Reducing business is the most direct and effective method, the direct means is to close the production line, stop operation, lay off employees, and improve assets, but this way will directly affect the production and operation of the enterprise;

    2. Improve operational efficiency, such as optimizing product design and reducing cost consumption; Improvements to machinery to reduce energy consumption; Train personnel to improve production efficiency; Optimize the first chain and reduce procurement costs; Strengthen budget management and reduce various costs; Cut unnecessary expenses and non-essential costs.

    To reduce costs, we can adopt the method of value chain analysis, and analyze each item according to the value chain, and streamline and optimize the links with little value contribution to reduce costs.

  16. Anonymous users2024-01-24

    Personally, I think that in general, the input is proportional to the output, in other words, the cost is a given! But if you really intend to reduce costs, the best way is to increase labor costs and fully mobilize the labor enthusiasm of employees, which is conducive to reducing the occurrence of other costs!

  17. Anonymous users2024-01-23

    Hello, I am sorting out the information for you, come back immediately, please be patient and wait for a while Plans to reduce costs and improve efficiency: 1. Optimize human resource costs, evaluate the job responsibilities of each position, and allocate resources reasonably. As HR, it is necessary to conduct labor cost analysis, and put forward reasonable suggestions on whether the setting of each position is reasonable, and some positions can be merged, and it can be suggested to be merged to ensure that each position is not false.

    For example, administration and human resources are two different work systems, large companies because of the workload, so administrative and human resources are two independent departments, each with a clear division of labor, while in small companies, because the workload is not large, so the administrative and human resources are merged into one department, collectively called the administrative personnel department. When the workload of some positions is insufficient, you can consider compressing and downsizing, which costs can be compressed? What costs can be cut?

    HR must be aware of these problems and must have a good understanding of the human resource cost structure of the enterprise. Only when HR is well aware can it effectively carry out scientific planning and reasonable allocation of positions in various departments, and can also allocate the right people to the right positions, so as not to waste manpower.

    2. Promote standardized human resource process management, and use system standardization to accurately manage enterprise personnel. Enterprise human resource management requires a set of standardized and process-based management systems, including job descriptions, work processes for each position, salary management system, employee recruitment and probation management system, employee training system, etc. When each position should have corresponding job responsibilities and work processes, employees' work activities can have rules to follow, and each employee can know what they are responsible for and what they do.

    The best thing that large enterprises do is a standardized system, from recruitment to interview, from entry to regularization, from personnel recruitment to personnel promotion, from employee salary determination to employee salary adjustment, there is a complete set of perfect rules and regulations, which are both standardized and efficient, and every work link and details are taken into account. Therefore, HR needs to have a full understanding of the importance of system design, design the system of the enterprise, operate in accordance with the requirements of standardization, promote the efficiency of the human resource management system with system management, and be as efficient as possible in the recruitment and selection of personnel, which can save unnecessary human resource costs for the enterprise to a certain extent.

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