What are some of the cost-saving measures that Ecolab has?
Ecolab has a culture, which stresses cost management in everything we do. Expenses are budgeted at very conservative levels, and employees are expected to stay within budget, except at very unusual cases. We attempt in every way possible to “do more with less,” and to get the best value for our dollar. For example, in our manufacturing operations, we have on-going cost reduction teams constantly searching to find ways to trim costs from products, while maintaining the typical high-quality Ecolab standards. Benchmarking is performed by administrative departments to ensure high performance at effective costs.
Related Questions
- What progress has the company made with its cost-saving measures such as contract benefit changes, normal attrition, the VERP, and layoffs already completed?
- Have we considered additional cost-saving measures such as working four-day weeks, increasing mandatory furlough days or adding voluntary furlough days?
- What spam control measures are in place?
