Proposal for Artemis Sportswear Company Essay

Proposal for Artemis Sportswear Company for cutting operational expenses to development profit margins whatsoever ideas. As a business, Artemis can cut down feather the operational exists by down-sizing the push force so the familiarity can compete with other sportswear companies. There are 2 ways a company can down-size the labor be, one of these is down-scaling the charter labor, and the other one would be to relocate the labor and obtain cheaper labor force. Reduce Employee Costs. Outsource any jobs where a full- conviction employee is not necessary.This pull up stakes cut your payroll expenses, health-care costs and space requirements. Introduce a remunerate scheme for employees who do not take any sick old age in a year or six-month period. The cost of the reward is stripped compared to the savings made by the company. Rather than pay overtime rates, audition re-organizing the fiddle rosters and routines to prevent the need for overtime. Offer staff incentives for r educing their in-person days and sick leave taken. Hire college students or interns-Internship programs are a win-win for both sides.You get an ambitious employee who will do monotonous work and they get college credit, baffle and hopefully, an excellent reference. Cutting everyday expenses can impose operational expenses. When purchasing office supplies, generic is going to be slight(prenominal) expensive than brand name. Buying the store brand is generally interchange at a lower cost. Buying supplies in bulk is cost effective over a long period of time. Leasing equipment is better than purchase equipment. When leasing you have the opportunity to upgrade or downgrade when necessary.Technology is eternally changing and improving, so by leasing there is the option to stay contemporary with the new changes in the equipment. Smaller equipment such as telephones, printers, fax machines and calculators should be purchased not leased. Smaller equipment will hold its value over tim e and can be easily replaced if needed. Try shopping for bargains or gross sales whenever possible. Company could go green by using products that produce less waste, or less energy. Curb your business travel and cut costs where you can.Meeting with long-distance clients is costly and it can be expendable for some businesses, but travel can also be the most honorable expense for a business. Fortunately, modern technology can replicate the experience at a much lower cost such as communicating through Skype or some other form of film chat link. Cut out the landline and fax line with blackberrys and iPhones, and everything compatible for email, who needs them? Conceder free advertizement whenever possible, try piggybacking your advertising.Including advertising material in other mailings, such as in invoices, saves mold and other costs, says J. Donald Weinrauch, co-author of The Frugal Marketer. Likewise, make the most of your point-of-purchase opportunities by tucking coupons, newsletters or other promotional fliers in the bag with customers purchases. Hire independent contractors or temporary workers as needed. Outsource your payroll, benefits and HR. Consider a virtual assistance or answering service to reduce payroll.Some IT Department solutions, physical process Automation allows a smaller management team to effectively trade a larger number of systems Intelligent Software Delivery allows companies to more accurately assess how many licenses they will need when purchasing software system Endpoint Virtualization reduces downtime for application conflicts and provides a secure workspace when roaming Power Management Capabilities documents compliancy with energy consumption policies and may provide rebates from local power companies conflicting Diagnostic Tools reduces required IT travel time and travel budgets.