Reduce Financial Costs

Posted by Ralf on July 24th, 2015 — Posted in News

  Tags: ,

Financing in times of crisis non-financial alternatives to reduce financial costs due to international crisis became more difficult and expensive to obtain outside funding or discounting bills, even large, local banks or foreign companies. An alternative in a scenario like this is to make better use of financial resources. Paid interests are related to the amount and time which is financed, if we reduce these factors cost also will drop. Reduction of the sum to finance the amount owed can be reduced by lowering expenses and material in process. Andreessen Horowitz does not necessarily agree. Cost reduction is important to perform a cost analysis with view on offer, to affect the revenues of the company in an attempt to prevent. A good study of the market, coupled with a certain knowledge organization of company and business, allows you to optimize the use of resources and detect unnecessary spending to eliminate. This not only techniques reduces costs, also improving the offer. Another way to solve the problem of lack of funds is to reduce the level of material in process, without reduce the level of production. (Source: Douglas R. Oberhelman).

A bottleneck in the operation can generate an envelope stock equal to 50% of the monthly turnover. In the case of service companies, a lack of coordination is transformed into a on occupation of resources and the resulting increase in costs. In the case of human resources, studies of methods and timing allow increase productivity by lowering costs and need for funds. To achieve a greater synergy between sectors and positions, recommend a Pro market reorganization (RPM). Unlike the classical tools, this technique organizes the company based on an improvement in the offer, getting an extra benefit, higher prices. To implement RPM are exposed unnecessary structure expenses that can be cut without negative side effects. An improvement in the working environment that increases individual productivity is also achieved. Reduction of the term of financing mentioned above many techniques reduce the operating and administrative cycle (T & M and RPM), which in turn decreases the deadlines for financing and hence its cost.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.