Do you see in your business a margin to optimize processes and reduce costs? How would you do that?
In my industry, we are very margin focused, though we are all eating away at each other's margins. I wish I had more, but I'm happy making up the lost income on additional clients than all on a few.
Not right now
SOME TIMES WE PUT TICKETS A LOW PRICES
All company overheads are pared down to the minimum. Other than that we could only reduce costs further by reducing quality - and that we will not do.
Cost reduction by outsourcing to a China mass production facility would result in poor quality.
Cost reduction by lowering the standard of wool we use would result in poor quality.
Cost reduction by lowering the standard of fabric we use would result in poor quality.
Poor quality = losing reputation for being the best in the market and losing customers.
My main way is by optimising webex technologies to cut down on wasted travel expense and time.
Because I work for a startup with a limited budget, my motto is "If it's free, it's for me!"
Im always looking to improve that. If your not constantly how you can do things better and quicker then you can kiss the big time away.
I am attempting to optimize the processes and costs as we grow, but in fact, the more cases we follow and the further we roam to do so (plans are to include NY, NJ and DC dockets in the cases we follow), the more we'll spend. Since the biggest value I bring to customers is my take on the in court room antics and the resulting atmosphere, listening to the court proceedings, as some reporters do, is not possible...so costs go up!
Having a Process in place is critical to being successful. Try something and if it doesn't work change it, keep going.
Have become the main applications of the various cases. Customer further states, it is important to know what business can learn.
Outsourcing back of house functions and automating many routine functions is possible but I still have a labour intensive business due to the high level of customer care
Yes, we can become more efficient with a few mores changes.
Still early days, but there's certainly many options for us, whether to hit the retail market and when - or stay as an online business where there are several ways to reduce costs if necessary.
A powerful and interesting website, SEO & SEM.
May be - I know, that we have to optimize some processes.
I believe in refinement.
Yes - and it's very much about getting back to basics plus ultilising the latest technology - which is often free these days - like QR codes or Apps
By having a team of Nationwide coffee machine engineers we can provide a servicing or hygiene maintenance appointment close to the customer - decreasing both the response time and car emissions, and increasing employment on our servicing side of the business.
We have a product called Dreamtrip membership and I don't care how much you currently making everyone enjoy saving. If you find the same products that we got and compared to the other places the company will give let you go on that trip for free. So if you can show the people it's real the game changes a little.
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