How To Find Simple Cost Savings At Work

How To Find Simple Cost Savings At Work

Try looking at the following areas to sharpen up the efficiency of your work area:

  • reusing materials –storage boxes and trays that can be used many times and using china mugs rather than disposable cups
  • avoiding scrap or waste – managing portion control in a restaurant, training and monitoring production staff in a factory to help cut down on rejects and wasted materials, checking cutting patterns to make sure that they are as efficient as possible
  • reviewing, designing or adjusting procedures, products or services – to maximise the use of resources
  • electronic communication – rather than printed paper and emails or texts rather than paper memos
  • telephone and videoconferencing – rather than travelling around and over long distances for meetings
  • using technology effectively – using smart meters or sophisticated tills to measure consumption and target production efficiently, stock tracking systems to support Just-In-Time supply chain management and computer-based training for staff
  • working to improve staff retention – managing the team well to avoid excessive recruitment and training costs that occur when there is a high turnover of staff
  • ensuring work practices support compliance – to help avoid unnecessary investigations, legal proceedings, fines, penalties, compensation and loss of reputation

Good Luck!

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