In ideal condition, cost reduction program should be initiated from the first commercial operation of a company. In case of your company is seeking new ways to improve its profitability, cost reduction becomes a must. It is brought to make your company survive in the competition.
Of course it is not easy to find cost reduction ideas in companies. Everybody, I think, will say the same words. However, if you do not get started, you will never find them at all. So, the keyword is to start seeking an idea even it is small thing. [Read more…] about Cost Reduction Ideas in Companies