Advisory activities in the field of cost management
Nexia AP a.s. follows up to the analysis of the economic management and of the financial standing through various projects aimed at increasing the cost-efficiency of economic activities through cost reduction, income increase or through a combination of the two approaches.
These projects, which are based on the application of analytical methods, process analysis, methods based on the time-consumption analysis, benchmarking procedures, and of course also on managerial experience of the solver team, include without limitation to:
- Designing of an optimum organisational arrangement
- Setting up of the accounting system and of the system of economic centres in the interconnection to the plan creation and inspection and management of costs and incomes
- Formulation of the corporate reporting on regular assessment of key items and indicators and inspection of the economic management in the follow-up to the plan drawn up
- Introduction of setup of the work productivity measurement system
- Inspection of performance and time standards
- Introduction of motivation charts aimed at the measurement and evaluation of the work activity performance (e.g. in the form of work productivity or maximisation of margins) and at interconnection of the remuneration process with the work performance
- Introduction of the inventory management system
- Introduction of the system of selection of suppliers by way of an electronic auction of selected commodities or by way of selective tender proceedings
- Suggestions for personnel savings and relating savings of personnel costs
- Suggestions for elimination of loss-generating activities and operations
- Suggestions for sale of redundant assets
- Acquisition recommendations