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末compare web-collaboration tools to big phone company teleconferencing charges. Youre likely to save significantly.
2. Cut costs for computers and other hardware末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末sell equipment and other items the business no longer needs or uses.
5. Go to cell phone pooling末via a Request for Quote (RFQ), negotiate the best
possible total-minutes-used cost for the entire company.
6. Save on marketing communications末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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