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How might we manage our costs so that we spend money efficiently and…
How might we manage our costs so that we spend money efficiently and effectively?
Maximising staff
time and skills
BOD sign in house
Delivery systems to reduce errands for Dilip / Hari
Esewa / online payment
Training for staff / Focused talent development
Streamline finance errands - bank, cheque signatures
Improving management of
suppliers and vendors
3 quotations minimum
List of vendors (roster)
Invest in quality infrastructure
and equipment
Every project should have a design plan + final decision made by team
Current projects
- roof needs architect and engineer assessment / drainage needs Smartpaani assessment
Ensure we get 3 quotes minimum for equipment and infrastructure work
Determine what repairs can be done in-house in the MakerSpace
Control use of utilities
and decrease waste
Rainwater harvesting
Recycle properly & sell recycling to
reinvest in Cargo / lunch
Regular checks of taps to
ensure no dripping
Increased self-awareness within
NC team of Utilities use
Cost flow management
and tracking
Reminders for monthly payments of utilities
to ensure no late payments - fines
Monitor costs on weekly / monthly basis
Share costs and budget with each team regularly