How to Answer: What was your greatest cost-cutting measurement you accomplished at your previous employer?
Advice and answer examples written specifically for a FedEx job interview.
18. What was your greatest cost-cutting measurement you accomplished at your previous employer?
How to Answer
If you are in a management type of role, you will often be asked to keep your eyes open for cost-saving opportunities. Assure the interviewer that you are capable of understanding the importance of this practice and give a strong example of a time when you have done so.
Written by Rachelle Enns on October 3rd, 2018
1st Answer Example
"I have been able to present cost-cutting suggestions many times to my previous employer. The one that I feel had the biggest impact was when I suggested additional warehouse staff. We had three various shifts and still an average of 100 hours of overtime per week. I presented to my employer that we hire one more warehouse employee for each shift, keeping the hours to just 120 regular vs. 100 hours of overtime pay (@1.5x) This recommendation saved the company $31,000 per year. They implemented this change across 15 warehouses the following year, amounting to nearly half a million dollars in savings per year."
Written by Rachelle Enns on October 3rd, 2018
2nd Answer Example
"The greatest cost-cutting measurement that I accomplished at work was through new suggestions for theft prevention. Since we implemented some of my suggestions our loss, due to theft, has decreased by 12%."
Written by Rachelle Enns