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.

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 
  

Session 2 

• 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 
  

 Session 3 

• 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 
  

  Session 4 

•  Conclusion
  
•  Challenges Ahead 
  

Course Duration

16 hrs

Scheduled courses 

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