Training Program: Controlling and Cost Reduction

In house sessions available.

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

What Is This Controlling and Cost Reduction Training Program and Why Is It Unique?

To support the efforts of an organization to continuously improve costs and to achieve an acceptable level of long-term profitability, it is necessary to fully involve the teams of managers and the entire staff of the company and beyond.

Knowing and continuously reducing unit costs is – and will remain – one of the core tasks of the management teams of any company to ensure the required level of profit. To do this, top managers and Controlling professionals need not only to promote the implementation of Controlling tools but they must look beyond these tools to create a cost improvement culture. They need to create an environment for effective and efficient cost problem solving at all levels of the organization and to shape behaviors that support this open to problem-solving environment.

These cost-oriented management behaviors can not be learned without practice. Top managers and professionals in Controlling have to go through their own learning cycles for in-depth knowledge of cost and cost improvement to fully understand the fundamentals of existing and future cost performance and develop a new model for learning and organizational change: pro-cost improvement culture.

Our Controlling and Cost Reduction training program uses an experimental approach to deliver a first-class Controlling experience and to help top managers and professionals in Controlling learn to create the environment for effective and efficient cost-related problem solving.

After the three days of training, the participants will better understand the stake of a powerful Controlling system and will learn to apply new Controlling models to make the transition to a more effective and efficient management model necessary to support continuous cost improvement and target profit.

Controlling Training - Costing, Budgeting and Cost Reduction

What Can I Expect to Learn in this Controlling and Cost Reduction Training Program?

By participating in this detailed presentation of Controlling and Cost Reduction that will analyze many real business situations (case studies), through class discussions and profound reflection, you will:

  • understand the interaction between knowledge and cost reduction objectives and other company goals;

  • learn about the design/ redesign and development directions of a costing and budgeting system;

  • discover the connections between the concepts and the consecrated models and explain how they can be used by the participants within the company;

  • deepen the fundamental principles for a cultural change where the continuous improvement of costs becomes the central element of the day-to-day activity of both leaders, managers and all employees of companies and beyond.

What Will This Controlling and Cost Reduction Training Program Do for Me?

This Controlling and Cost Reduction training program will help participants to:

  • understand the current and future thinking behind the figures;

  • evaluate their own learning gaps and the gaps in the Controlling systems they are involved in that need to be addressed to enable the development of continuous learning;

  • identify the basic practices in Controlling that need to be improved;

  • clarify the role in the Controlling work;

  • develop an individual and company-level action plan to address the gaps identified for an advanced Controlling system.

How Is This Controlling and Cost Reduction Training Structured?

1) Concept of Controlling

2) Directions for developing a cost system

3) Cost System: Job-order Costing and Operating Costing

4) Cost System: Activity-based Costing

After Day 1, a meeting of participants will take place from 18:00 until 19:00 for networking.

5) Cost System: Process Costing Systems

6) Cost System: Standard Costing

7) Stock Control

8) Sales Controlling

9) Planning and Budgeting System

10) Budget and Flexible Budgets

11) Financial Budgets

12) Manufacturing Cost Policy Deployment (MCPD) Transformation - Exegens®

The Trainer:

The trainer of the Controlling and Cost Reduction Training Program is Dr. Alin Posteucă.

Who Should Attend?

This Controlling and Cost Reduction training program is specifically designed to show top managers and professionals in Controlling the necessary individual and organizational adjustments for the pro-cost culture to successfully sustain their efforts to continuously improve profitability.

Registration Deadline: March 13, 2020

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