Articles About Gold

Shipping Cost Savings Goldmine Management Tips

Packaging, shipping and handling costs represent a large portion of variable business costs and are often overlooked by inexperienced planners. As a result in many businesses this presents a fabulous opportunity to make changes that will have an immediate and noticeable effect.

When asked what it costs to provide a product most people add up the pieces and give you the total. If we make toasters, we say the cost of the toaster is one cover, 2 elements, a spring mechanism, power cord, thermostat and 14 screws: $10.

A slightly more experienced manager will tell you the cost of that same product is labor plus materials. Your toaster now costs $10 for all the materials, and 20 minutes to assemble at $15 per hour. $10 + $5 = $15. Thats a 50% increase. If you manufacture 1 million toasters every year, that's a jump from $10 million to $15 million dollars in your calculated costs.

What so many business managers fail to include in their costs is that the toaster goes in a box with an instruction manual, and has to be sent from your factory to the store across the country. That toaster may cost $15 to build, but the cost of getting a toaster on the shelf in a store is $15 plus a box, plus an instruction manual, plus a crate, plus someone to put a load of toasters in that crate, plus the cost of shipping itself. On many products the box required to ship a product safely costs more than the product inside. For many mass produced products packaging normally costs more than the product itself.

So how is it that shipping and handling cost so much, and yet get overlooked by so many business managers? We just dont think about it. It's a line on a balance sheet somewhere that most of us never get to see. It's accepted as a normal cost of business and it doesn't sound very exciting to go and fix.

But let me tell you what is exciting. Walking into your boss's office and telling him or her you've found a way to save the company thousands of dollars by bumping up your shipment sizes, changing to a less expensive cardboard box, or predicting shipment needs in advance and shipping in 2 weeks by sea instead of 2 days by air. All of these are relatively easy changes to make if the right questions are asked. Unfortunately most managers dont even know what the cost of shipping and handling is.

So don't overlook your packaging, shipping and handling costs. They all play a part in the cost of doing business. If you dont know what your business shipping and handling costs are, go find out. Then walk over to the loading bay and ask someone to show you what they have to do to get something ready to ship. You might be amazed at the inefficiencies you find, and more than likely the packers and shippers themselves already have a long list of solutions for savings locked away simple because no one has ever bothered to ask them.

Shipping and handling cost savings are a potential goldmine for managers looking to make their mark. They are expensive. They happen all the time. There are often overlooked. They are an opportunity. My management tip for you is to go seize that opportunity and make a difference.

Daryl Cowie has shared management tips with 1000s of people in over 30 countries around the world. His mission is to help you and your company turn business opportunities into business realities. Sign up for his free business management home study course at http://FreeManagementTips.com

Other Article Sites

findabook.com  moneycd.info  a-mortgage.info   about-lemon-laws.info  aboutstudentloans.info
all-about-publishing.info  auctions-articles.info  bestcollege-university.com  bestispconnection.com
biblefolder.com  blogger-website.com  books-used.info  brokers-guide.info  buywindows.info  cable-dsl.info
career-miner.com  carpel-tunnel.info  cashinaflash.info  cashloanreviews.info  casinobell.com  chat-house.info
clearmycredit.info  collegeloantips.info  crones.info  depression-articles.info   dirnic.net  dishguides.info
divers-below.com  expodog.info   financewizz.com  fire-insurance.info  getgood.info  handleit.net   it-idea.info
health-supplies.info  hosting-right.com  insidealert.com  insurance-facts.info  jobs-employment.info
justgood.info  lookgold.net   lowcost-travel.info  money-source.info  myhostzone.info  numisblog.com
peoplesearchfinder.info  pr-articles.info  realeas.com   refinancing-guides.info  spyware-remove.info
telelot.info  the-law.info   toppaid.info  travel-deals.info  travelcorrect.com  wedding-guide-site.com
your-blog.info  your-credit.info

MORE ARTICLES:

Black Hills Gold Wedding Ring - A Buying Guide
Black Hills Gold Wedding Ring - A Guide to Everything That You Need To Know

China's Gold Rush Triggers Skyrocketing Gold Prices Reports Kevin DeMeritt of Gold Central
Chinese investors drive gold bullion and gold coins prices to record level with no end in sight; demand triggered by declining U.S. dollar and Chinese demand for gold jewelry.

Casino Tropez Mobile Scoops GOLD at Prestigious Gaming Awards
Casino Tropez Mobile is named Top Mobile Gaming Platform at the prestigious 2007 Gambling Online Magazine Awards.

XO Create! Wins Gold and Silver 2006 Davey Awards
The XO Create! team is proud to have received both a Gold and Silver 2006 Davey Award for its outstanding design in the categories of stationary systems and collateral.

Hemis Announces Joint Venture with Condor Gold Corporation at Anchor Point
Hemis Corporation (OTCBB:HMSO) (FWB:XZA) is an international resource company with three exploration properties in Mexico and one in Alaska.

Six Key Financial Indicators Alert Investors to Buy Gold and Gold Coins
Lear Financial, Inc. points to six reasons gold and gold coins will again become the center of the global financial system

SPAMfighter Earns Microsoft Gold Certified Partner Status
New Status means greater support, more frequent updates and better service for customers.

Mining Expert Interviewed on Site Visit to Soltera Mining Corp.'s Argentina El Torno Gold Project
Metals and Minerals Digest has published an interview with gold and silver mining expert, journalist David Bond. The regular Kitco contributor and award winning journalist makes a compelling case for being long Soltera Mining Corp. (OTCBB: SLTA).

Reggae is More Than Just Marley and 18 Karat Reggae is Hotter Than Reggae Gold 2008 with New Release
Each year VP Records releases their Reggae Gold CD which is a compilation of the hottest reggae, dancehall and hip hop tracks from the prior year. This year, however, TCOOO Productions and BonFire Inc, has joined forces to bring reggae fans "18 Karat Reggae: Global Warming", a compilation or reggae and dancehall tracks that is far hotter then Reggae Gold 2008.

Striking Keyword Gold
Keywords are all the buzz these days, but the migration of keywords from what they were a year or two years ago to where they are now is a different thing altogether. Authors, entrepreneurs and business owners know they need keywords in their web site, in their press releases and in their articles but they don?t often know how to find these keywords or what the best keywords are to use.

Gold's Gym -- Is It The Gym For You?
Out of the many health clubs out there for you to join, the one that is most familiar to you will normally be the one you gravitate to. After all, if it's well known, it has to be good right?

Gold Medal Wine Receives Recognition for Quality and Value
A review by wine experts from the Wall Street Journal has recognized Gold Medal Wine Club selections as among the best. "Our experts gave these two wines some of the best marks of any of the bottles we tried; both wines were crowd pleasers."

CB Richard Ellis Group, Inc. 2007 World Conference: Gold Level Emissions Offset Achievement
Leonardo Academy announced today the release of the post-event emissions offsets report for the CB Richard Ellis Group, Inc. September 2007 World Conference and further announced that this event has earned Gold Level Certification for offsetting event emissions under Leonardo Academy's Cleaner and Greener® Certification Program. To earn this level of certification, the CB Richard Ellis conference offset more than 200% percent of its carbon dioxide emissions that affect climate and more than 60% of each of the emissions covered by the program that affect health. The final report, containing graphics that show the sources of the emissions, the emissions and the offsets, can be downloaded from: The American College Awards Its Highest Honor, the Huebner Gold Medal, to Jack B. Turner, CLU®, ChFC®
The American College, the nation's leading educator of financial service professionals, recently awarded its highest honor, the Huebner Gold Medal, to Jack B. Turner, CLU®, ChFC® during a black tie ceremony at the Asian Art Museum in San Francisco. The Huebner Gold Medal is named for the founder of The College, Dr. Solomon S. Huebner. The medal has been awarded annually since 1975 to honor those special few individuals whose support of the College and its programs, and whose dedication to education and professionalism, have been of particular meaning to the mission and progress of the institution.