Streamline processes by eliminating redundancies and adopting lean practices. Renegotiate vendor contracts and consolidate suppliers for better terms. Automate repetitive tasks such as billing and payroll, leveraging AI and tools for efficiency. Optimize workforce through strategic staffing and cross-training. Adopt remote or hybrid work models to reduce office costs. Utilize just-in-time (JIT) inventory and energy-efficient practices. Outsource non-core functions like IT and accounting. Implement zero-based budgeting to eliminate unnecessary expenses.
