How to Decrease the Cost of Manufacturing

Wazzup Pilipinas!?

We do business to make money, and you make money by selling at a price that is higher than the cost of production or service. You can increase that profit margin by increasing your prices or decreasing production costs. Increasing prices just to increase your profit might backfire and have you end up losing a significant number of customers.

This is why most businessmen focus on decreasing the cost of manufacturing. It requires experience and smart decisions to decrease the cost of manufacturing; otherwise, you would already be making the best profit margin. This article has discussed some practical tips to decrease the cost of manufacturing.


Invest in Automation

You should invest in automation not just to increase profit margins, but to strengthen your place in the market. Manufacturing automation allows you to optimize processes and save time and resources. You can cut additional phases of production and manual labor by automating manufacturing using products like Yaskawa drives with your machines.

This allows you to produce more in less time using fewer resources. Not only will you save on manufacturing but you will be able to provide a better and faster service to your clients. This increases your production capacity and scalability.


Keep Doing Research and Development

R&D is often an underestimated part of businesses. It’s not just something for large enterprises. If you want to get to their level and directly compete with them, you have to take research and development seriously even as a small business.

It’s important because you learn new ways of manufacturing that are still unknown to your market. Even if some companies know those methods, they have kept them confidential. You will learn how you can optimize your processes and build more with less.


Save from Shipping Cost

You should reconsider your shipping routes and have an expert conduct an analysis. Shipping significantly increases the cost of delivery, which is usually counted in the production cost.

You should look at ways you can save on shipping. See if you can use shorter routes or changing the mode of transportation can help. Try to manage routes in a way that one shipment can go through multiple destinations.


Increase Employee Productivity

You can get the work of weeks done within days if you keep your employees motivated. This doesn’t mean that you should burn out all your employees. Getting them to work overtime or more than their capacity is not going to increase productivity.

Instead, you should motivate them and align your goals with theirs. They will work more and efficiently if you have the same goals and they take pride in their work.


Sell Enough for Mass Production

You can significantly reduce the cost if you produce on a large scale. However, you can’t have large production if you can’t sell it. This is why you should try to get as many new projects as possible and start mass manufacturing.

You will get large quantities of material on wholesale at cheaper rates and the cost of labor will also reduce with the help of bigger machines.

Former Mayor Herbert Bautista's Facebook page got hacked

Wazzup Pilipinas!?

Iba ka talaga Mayor Bistek.

Official Facebook page ni dating Quezon City Mayor Herbert Bautista, na-hack!

Nagulantang ang mga netizen sa Facebook story ni dating Quezon City Mayor Herbert “Bistek” Bautista kung saan lumitaw ang isang babaeng hubad na ang tanging suot ay mga face masks na tumatakip sa maselang bahagi ng kanyang katawan.

Mayor Herbert Bautista's FB Story simply tells us that we should protect the most vulnerable parts of our bodies with face masks!

Ipinapaalam lang daw yata ni mayor kung paano gumamit ng facemask! Salamat sa paalala mayor! My virgin eyes could no longer under what I just saw.

Jusko 5 hrs na yung nakalipas pero nasa my day pa din. Ano yan hintayin sana mag expire na lang? Kung sabagay, malamang makatulog na yung admin dahil alanganing oras.

Thank you mayor for also raising awareness on how not to wear facemasks.

"Taga Pasig ako at idol ko mayor Vivo namin, pero iba ka Captain Barbell! Idol na din kita. Ganoon pala tamang paggamit ng face mask. Lahat pala talaga ng butas kailangan may mask para di pasukan ng virus. Thank you Idol!"

Samantala, natuwa naman ang mga netizens sa pagdamit sa nakahubad na larawan ng  babae:

Admin Statement of the Mayor Herbert Bautista- Quezon City Page

"We urge all followers of the Mayor Herbert M. Bautista - Quezon City" Facebook Page account to report it for investigation due to malicious and unauthorized access.  We deny the unsavory post that was uploaded in that socmed account. Please be guided accordingly"

Thank you very much. Stay safe and God bless us all. 

No changes in supply and capacity of public transportation as NCR, Laguna, and Bataan downgrade from ECQ to MECQ

Wazzup Pilipinas!?

The Department of Transportation (DOTr) said there will be no changes in the supply and capacity of public transportation as the National Capital Region (NCR), Laguna, and Bataan downgrade from enhanced community quarantine (ECQ) to the less restrictive modified enhanced community quarantine (MECQ) from August 21 to August 31.
With the continued spread of the COVID-19 and the threat posed by new COVID-19 variants, DOTr Secretary Art Tugade reminded commuters and transport workers to observe strict health and safety measures. He stressed anew that only Authorized Persons Outside Residence (APORs) as identified by the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) will be allowed to use public transport services.

"As the threat of COVID-19 and Delta variant cases soar, the public should remain vigilant, especially in using public transport. Just like during the ECQ period, there will be stricter enforcement of safety measures to ensure that only APORs are permitted to use public transport, as mandated by the IATF," Sec. Tugade said.

With the enforcement of the MECQ in the NCR, public transportation, and all other modes of transportation - privately-owned, with special permits, and/or dedicated service under the government initiative, etc., - will still strictly observe the prescribed physical distancing and health measures at all times.

In the Road Transport Sector, public utility buses and jeepneys are allowed to operate at 50% maximum capacity on a “one-seat-apart” rule. There will be no standing passengers and only one passenger is allowed to be seated on the driver's row.

Motorcycle taxi services and Transport Network Vehicle Service (TNVS) operations are allowed. Only one (1) passenger per tricycle is allowed, as approved by the Department of Interior and Local Government (DILG) and Local Government Units (LGUs) in compliance with the existing policies on its operational limitations.

In the Railway Sector, operations of the Philippine National Railways (PNR), LRT-1, LRT-2, and MRT-3 will continue during the MECQ period. Train marshals will be deployed to identify APORs and to help enforce strict health and safety protocols.

In the Aviation and Maritime Sectors, domestic flights and sea travel in the NCR will also continue during the MECQ, subject to community quarantine restrictions of the passenger’s destination.

Meanwhile, the Inter-Agency Council for Traffic (I-ACT) and transport marshals will continue to ensure that motorists will adhere to safety protocols during the implementation of the MECQ.

Sec. Tugade reminds the public and other transport stakeholders to follow the 7 Commandments for Public Transport: The wearing of masks and face shields, no talking and making phone calls, no eating, keeping public utility vehicles well-ventilated, conduct of frequent disinfection, no passengers with COVID-19 symptoms are to be allowed inside public transport vehicles, and the observance of appropriate physical distancing rule.