What are the measures to reduce costs and increase efficiency of employees?

Updated on Financial 2024-08-15
2 answers
  1. Anonymous users2024-02-16

    To reduce costs and increase efficiency, the core of an enterprise is to sort out what its differentiated core competitiveness is based on its strategic planning, adjust its cost structure and organization around the strategy and differentiated core competitiveness, and reshape growth. At the same time, we must grasp the construction and on-site control of the enterprise management and implementation system, and the enterprise should combine the implementation of cost target management with the economic responsibility system, so that the cost reduction can be implemented in the specific actions of each worker.

    The measures to reduce costs and increase efficiency of enterprises are as follows:

    1. Control the product cost in the R&D process, define the target cost in the product R&D and design, and then design the standard process route and BOM material standard accordingly

    2. Reduce costs through effective procurement, including centralized procurement, procurement under strategic framework agreements, and dynamic procurement based on S&OP, etc., to reduce the amount of procurement and inventory, and reduce capital occupation

    3. Reduce costs by modern management: enterprises should strengthen cost accounting, strengthen management in production, supply, marketing, finance and other links, and refine each expense in the production cost of raw materials, auxiliary materials, fuel, power, wages, manufacturing costs, administrative costs, etc. into the unit product cost, so that the cost accounting into the workshop, into the team, to the head. Change the static control of the cost to the dynamic control, and form a full-staff, whole-process, all-round cost control pattern, so that the cost reduction can be implemented in the specific actions of each employee.

    4. It is necessary to strengthen material management: the level of material reserves and consumption directly affects the rise and fall of product costs. Therefore, all enterprises should implement strict control from the formulation of material consumption quotas to the distribution of materials, and implement quota classification management for the consumables of raw materials and other materials.

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  2. Anonymous users2024-02-15

    Method:1In-depth optimization: No one should be left behind in energy-saving projects.

    2.Optimize operations: Give full play to the initiative of each employee.

    3.Thrifty: Break every penny in half and spend it.

    Measures: 1. Strengthen the comprehensive publicity of reducing costs and increasing efficiency.

    2. Give full play to the financial budget function and the cost accounting method of new products.

    3. Strengthen the expenditure management of daily expenses.

    4. Improve the efficiency of capital utilization and reduce financial expenses.

    5. Strengthen system construction and standardize cost standards.

    6. Improve the working ability of employees and the labor efficiency of the unit.

    7. Strengthen the cost control of the procurement department.

    8. Strengthen the assessment of production cost quota consumption and improve the efficiency of material turnover.

    9. Save energy, reduce energy consumption, and improve asset utilization and efficiency.

    10. Reducing costs, improving efficiency, and optimizing product production cycles are the keys to reducing costs. Carry out intelligent manufacturing step by step to improve efficiency.

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