engleski

Cost management industry in crisis

It is recommended to perform the following steps: the formation of the company’s budget, integration (horizontal and vertical) analysis of the opportunities outsourcing expensive processes, new forms of payments to contractors (bills of exchange, barter), optimization of technological processes ; revision assortment and pricing policies of the company, work receivables and payables ; gain control functions of all kinds of costs, optimizing use of resources, selection of goods that yield the greatest profit of the company (ABC-analysis), optimization of cash flow, reduce labor costs and reorganize the personnel management system.

cost management; industry; crisis

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