Cost reduction strategies
information techonology
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On advent of newer technology and software storage of data , sharing , transferring data
have become much easier . Now decisions are made more fast and accurate.
Complete resource allocation and decision have been made easy by implementing
ERP SOFTWARE .Following are popular software available in industry .
ORACLE
BAAN
SAPR/3
SAPR/5
They provide customised report for following areas which can help in cost reduction by taking most viable
solution .
Module for materials planning
Modules for production planning
Modules for production
Modules for finance
Modules for sales
Similiarly by installing intranet and internet facility for inter office communications we can
achieve higher employee productivity ,save time and could result in substantial savings in stationaries.