Saturday, 9 May 2020

Save your Company Thousands of Dollars


One of the most difficult parts of business is staying on top of expenses.  For my companies work must go on and there is usually not enough time to do everything or every project perfectly.  Those that take the time to be perfectionist are looked down upon because they are producing less work and taking more time to do it. The time needed to keep up with costs and expenses can be less than you would immagine.  For my company we are a marketing business and we end up sending packages to clients and in turn their customers. 

For our company we saw costs were getting expensive for packaging supplies that we never imagined would come with a high price tag. We would add it all up and our costs would be an actual decent percentage of the entire project which needed to be adjusted in our price. So here are some ways to keep track of all those expenses especially with packaging supplies while doing the job that won't make you look like a slacker. Instead it will make you look like a hero by saving so much money.


When your next project starts, take your computer with you or laptop and if you are in the dark ages, a pad of paper.  From here set out a column or a line for each product you are using for the project.  It does take a few minutes, but it is essential to know what products you have and which ones you are using.  Now, remember to know what project you are working on.  The quantity of items you are shipping is important so you can map out the future amounts of products based on the type of project.  So if you are shipping mailers.  Find out how many mailers and where they are going.  Then you will know the size of the project.  Also find out when they need to go. So  you have a timing based on when a project needs to be started.


Now carefully start your work but keep track of every item used.  You know what you are using and the quantities of each piece. So keep track of the envelopes or the packages you use.  Know the number of stamps of labels you are going to use.  Are they printed on paper or sticky pre-made labels? Does it save time to do one or the other? Once you know how much you used, you can then purchase in bulk of those products to match your next projects.  By buying in bulk you can get the right size and quantity needed and get discount pricing.

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