Cost Management Practices-MNR
Exports
The business arena have changed
dramatically over the past few years, It is been a tough phase this year and
real time cost management global techniques are crucial for the business
sustainability and not only thrive but achieve a double digit profitability. We
at MNR Exports work out cost management cross verticals so that its impact is
seen on our balance sheets. Following is the snippet of the strategy we follow
in this context.
1) IT Cost Management: We have a state of the art IT infrastructure
available. All workstations connected with dedicated intranet and updated
windows environment with smart calling systems with Office Communicator.
2)
Supply Chain Management: Follow a
stringent SCM Process by Center-led supply management organization, strategic
sourcing process, talented supply management professionals, strict processes for
determining real cost savings, executive compensation linked to cost reduction
goals and active investment in supply management technology.
3)
Manufacturing Unit: Our staff is provided
regular training to enhance their domain knowledge and follow standards for our
product development which are exported globally.
4)
In-house Activities: Employees are
bound to follow electricity, paper printing and HR policies and good work
environment which enable cost cutting and help in business sustainability.
Being an ISO 9001:2008, ISO 14001:2004 and ISO 18001:2007 certified business and
Export House, we follow quality audits and various quality management
principles are all in place.
The above points establish the fact that we
were adjudged as the “Best SME of the Year” – Runners up by Associate Chamber
of Commerce and Industry of India (ASSOCHAM) at SME Excellence Award 2013,
along with “The institute of Cost Accountants of India”.
MNR Exports Pvt Ltd is committed to following
the best Cost Management policies which help our business grow in this
competitive environment.
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