Six Quick and Easy Ways Companies Can Save
Tips are given that can save companies money without sacrificing quality or service.
(PRWEB) October 5, 2005 -- Theres not an executive alive who wouldnt cut company expenses if it could be done without sacrificing quality or service, and it didnt take a lot of effort. The problem is finding the time to figure out where and how such savings can be realized. Patricia E. Moody found a way. Author of The Big Squeeze: Ten Ways to Cut 10% of Your Companys Expenses Right Now," she set up a blog for executives to share cost savings ideas and received hundreds of responses, which she used to write her book. Here are a half dozen that require very little time and effort to implement:
1. Reduce teleconferencing costs----compare web-collaboration tools to big phone company teleconferencing charges. Youre likely to save significantly.
2. Cut costs for computers and other hardware----consolidate IT equipment purchases with one supplier such as Dell via a competitive bidding process.
3. Recycle and sell paper, plastic, metals and cardboard to eliminate disposal fees and recapture cash.
4. Hold a company yard sale on eBay----sell equipment and other items the business no longer needs or uses.
5. Go to cell phone pooling----via a Request for Quote (RFQ), negotiate the best
possible total-minutes-used cost for the entire company.
6. Save on marketing communications----many companies use a number of firms and vendors for different products and projects with the result that their efforts are often duplicated. Consolidate printing, PR, web design, and ad services with only a couple of firms via a competitive review and bidding process.
Patricia Moodys book can be purchased online. Plug the International Standard Book Number, 1-892538-45-8, into your favorite search engine or visit http://www.LeanTransformation.com.
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