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Manufacturing units engaged in producing products for markets needs are always looking for cost reduction opportunities to spur up their profit margins .
Many brain storming sessions are done to reduce cost of production . Areas where substantial cost reduction can be achieved are
Procurement
Energy
Packaging
HR
Production
Waste Reduction
Several ideas in above mentioned areas can lead significant cost savings . Please check in the PDF report attached for few of these ideas . Please share your ideas to help companies reduce their cost of production


Attached Files
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File Type: pdf factory cost reduction strategies.pdf (64.5 KB, 909 views)

Hi members, can anybody share a ppt on How to optimize manpower & manpower cost
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