Cost Saving Initiatives
Save time, save money, increase profits
Just when you thought you were safe to go back in the Home Fragrance waters as Brexit is confirmed, along came the Jaws of Coronavirus to bite away at your profits. Now more than ever our net profits are under attack and measures need to be put in place to safeguard them.
Cera staff have been at the forefront of saving £MM’s over the last ten years at one of the largest Home Fragrance businesses and have the tools to help you do the same.
More so, the model we use not only focuses your efforts in the right areas, it insists on teamwork being at the forefront of all efforts, providing cultural benefits to boot.
Below are a few of many areas we can advise and support you in:
Value Engineering on Raw Materials / Product Re-Formulation
Raw Materials can account for up to 60% of your operational spend, so it seems like a great place to start. We have been involved in many Profit Improvement Projects that glean healthy savings.
Perhaps you have developed a new line or a new fragrance in your product line. We can interrogate and resolve any issues that may have appeared during implementation, by reviewing your Home Fragrance processes. Also, efficiency can be improved by implementing appropriate Lean principles, enabling you to reduce costs, improve quality or speed up processing times.
Cost reduction is less about cutting departmental budgets, and more about eliminating cost by reducing waste – which in turn will reduce your budget. Waste exists everywhere and we can highlight this and provide action to remove it.
All our initial consultations are free.
So please email: JWall@ceracandlestore.com to find out more and book a consultation.