Ceramic Industry

Cost-Cutting Opportunities

February 19, 2009

Despite the Administration’s various stimulus and bailout packages, no one expects the economy to rebound any time soon. Job losses continue to mount and industrial output just keeps going down.

As a result, companies are continually trying to reduce costs, and every little bit helps. I came across an article that I hope might be useful for some of you. The Wall Street Journal’s Ben Worthen outlines a number of IT-related opportunities for reducing costs, including replacing outdated equipment and moving some tasks and processes to online-based applications.

“Sometimes the savings are immediate,” he writes. “Sometimes an up-front investment is required. In either case, the right approach can cut costs without damaging a business, and may even improve it.”
 
A link to the full article ("Business Solutions: Smart Ways to Cut Costs") is included below.


Links