Cost Reduction Roadmap
Course Outline
Identifying opportunities to reduce cost is always an objective of any business that continually looks to improve. Searching out and exploiting those opportunities in today’s environment has almost become a necessity to compete in this ever-changing global marketplace.
Company executives, accounting managers, cost control specialists, cost analysts, industrial engineers, team leaders, and improvement project teams.
Company executives, accounting managers, cost control specialists, cost analysts, industrial engineers, team leaders, and improvement project teams.
Course Detail
Session 1
- A Different View of Performance
- The New Role of Accounting in the Lean Manufacturing World
- Lean Costing Basics, Benefits, and the Importance
- Lean Performance Measures
- The Real Cost and Profit of Your System
- Lean Costing, Pricing, and Financial Planning
- Value-stream Cost Management
- Activity Based Costing (ABC)
- Target Costing: Aiming at the Real Cost
- Budgeting and Financial Planning
- Streamlining Your Accounting/Costing Processes
- Waste-free Transactions: Ordering, Payment, Employment, Tax, and Reporting
- Implementing Lean Accounting/Costing: The Maturity Path
- Boosting Lean Accounting/Costing with Information Technology
- Successful Lean Accounting/Costing
- Conclusion
- Challenges Ahead
Course Duration
16 hrs