cost reduction strategies

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.