Cost Reduction Training II

5-Years Warranty for Annual Unit Cost Improvement of 6%.

Companies that do not control their costs do not stay in business. How well are you dealing with the many requests to reduce costs lately? Are everyone in the company sufficiently aware of the importance of costs, do they know how to manage costs and maximize opportunities to reduce them?

In any company there are numerous opportunities to reduce costs without affecting the needs of customers. This cost reduction training will show you that cost improvement is much more than cost control and cost cutting. True cost management means knowing the costs, good cost design, identifying opportunities for cost improvement and, last but not least, choosing the best ways to take advantage of cost improvement opportunities.

We provide measurable results for customers in terms of cost reduction and profit improvement, as well as overall business improvement. During this training you will learn practical techniques to identify and reduce eliminate money wasted in your company.

Who Should Attend?

This Cost Reduction II: Cost Reduction Planning & Development training program is specifically designed for:

• top managers,
• Controlling professionals,
• Improvement professionals,
• budget writers and expenditure employees,
• product engineers,
• process engineers,
• accounting staff,
• supervisors,
• procurement, marketing and sales staff.

The training program shows what cost management and cost improvement really mean, respectively:

1. knowledge and control of variable costs and budgets,
2. good cost and budget design,
3. identifying opportunities for cost improvement and
4. choosing the best ways to improve costs.

What will you learn during this training?

The cost reduction training presents how to identify and address cost reduction opportunities in the following areas: material use, waste reduction, improved packaging consumption, assembly lines, process improvement, procurement improvement, product design simplification, transportation improvements, inspection and testing of product redesign, reduction of materials and documents movements, reduction of stocks, productivity improvement.

What are the expected results? 

The cost reduction program (using MCPD) by Exegens® guarantees a minimum of 6% annual improvement of unit costs for at least 5 consecutive years.

How is this Cost Reduction II: Cost Reduction Planning & Development training structured?

Day I
1) The concept of cost reduction: Manufacturing Cost Policy Deployment (MCPD);
2) Productivity Business Model (PBM);
3) Profitability and productivity scenarios;
4) Phase 1: Analysis of setting cost reduction targets and means of meeting the targets:
Step 1: Context and purpose of cost improvement;

Day II
4) Phase 1: Analysis of setting cost reduction targets and means of meeting the targets:
Step 2: Targets and means of annual cost improvement;
5) Phase 2: Development of targets and means to reduce costs:
Step 3: Annual budgets to improve costs;
Step 4: Action plan to improve costs;

Day III
6) Phase 3: Management of targets and means to reduce costs:
Step 5: Involve all people to improve costs;
Step 6: Cost improvement performance management;
Step 7: Daily management of cost improvement;

Day IV
7) Organizational simulation: presentation and analysis of successful implementations on cost reduction. Question and answer session and debates.

The Trainer:

The trainer of the Cost Reduction II: Cost Reduction Planning & Development Training Program is Dr. Alin Posteucă, who is the author of Manufacturing Cost Policy Deployment (MCPD) and Speed-Based Target Profit (SBTP) concepts, published in four books at Productivity Press – Routledge/ CRC, New York (USA):

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