Cost reduction
Spiralling costs are a major concern for most businesses throughout the UK. The good news is there are plenty of actions that can be taken in order to keep a lid on future cost increases as well as to help cut existing costs.
A decisive, comprehensive cost control strategy encompassing all areas of spend and efficiency within a business can reap rewards. It requires a precisely structured facilitation, effective implementation and diligent follow up.
Jetsums offer a multi-disciplined approach to help you develop and implement a complete cost reduction strategy. Contact us today to find out more.
79%
of SME businesses surveyed reported rising operational costs are a top concern
82%
of SME business leaders stated the cost-of-living crisis has had a negative impact
30%
of SME businesses surveyed are still yet to explore money saving methods
Source Attributions: Simply Asset Finance; Loyds Banking Group; Forbes Advisor
A robust cost control strategy will future proof your business
A great cost control strategy requires a balanced approach that raises the efficiency bar in every aspect of a business from prudent spending through to cultural changes and all aspects in-between. It’s not just about cut backs and price hikes.
Jetsums can facilitate a professional approach to this vital yet extremely sensitive activity. Our services are bespoke and will be adapted to your circumstances based upon a plan derived from nine key strategic areas of focus.
If you see an opportunity or a necessity to tighten cost efficiencies within your business, contact us today for a no obligation chat.
Supplier price review and relationship management
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Contracts review including associated SLA’s and renegotiations where necessary
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Internal department operational efficiencies assessment and KPI targeting including marketing efficiency
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Workforce utilisation, structure and efficiency, cost culture training and targeting
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Financial budgeting, monitoring, variance investigation and corrective action
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Margin analysis, pricing and market benchmarking
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Internal and external coordination, communication and project management
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Energy consumption audit and utilities supplier review
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IT infrastructure, cloud services and software audit
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Our four phase action strategy
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Initial consultation:
Want’s & needs
2
Detailed assessment:
Action plan
3
Implementation:
Roll out & steering
4
Results review:
Next actions
Jetsums puts you and
your business first
At Jetsums we pride ourselves on great results. We strive to deliver excellence and professionalism within a supportive, client-first culture.
With years of experience and a proven track record, you can rely on us to deliver.
Contact us today to discuss your business.
A free initial consultation to explore how we can help you. Totally confidential, no obligation
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For cost reduction services, we work on a bespoke charging model. We only charge agreed day rates
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Our rates are competitively priced based on the volume of resources and skills you require
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Our service includes the provision of appropriate expertise to manage your needs
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We can interface with third parties on your behalf and respond to any queries they may have