Cost Efficiency Management

Has your factory’s management successfully achieved the competitiveness in manufacturing cost?

Has your factory implemented cost improvement program to maximize productivity and profit?

  1. How to improve cost competitiveness to maximize your profit?
  2. How to identify and reduce Muda, Mura, Muri whose factors shall effect your cost improvement activities?
  3. How to prevent unnecessary or unplanned arising costs?
  4. How to manage your cost improvement objectives?
  5. How to increase cost awareness among your employees?

Our "Cost efficiency management" course focuses on cost-competitiveness improvement and profit maximization – survival factor for business. Besides, this course also provides essential methods to solve problematic issues in the production process.

OVERALL

  • Duration:
  • Language:
  • Training venue:
  • Training method:
2 days
Vietnamese
At client’s company as required
Active learning through excercises, case study and group discussion etc.

OBJECTIVES

  • Understand the basic knowledge of cost and its relation to profit.
  • Understand cost improvement methods in order to apply to practice.
  • Develop skills and practical ability of applying cost improvement methods through exercises

TARGET

  • Factory managers, leaders, supervisor and staffs that are in charge of managing and controlling cost

CONTENT

Part 1: Basic understanding of cost
~ The definition of cost and the relation between cost and profit ~ 
Part 2: Enhance the capability of improving cost efficiency!
~ Understand the principles of cost improvement and its applications to production site ~ Part 3: Implementation of cost improvement program
~ Adopt PDCA cycle to cost improvement activities ~ 
Part 4: Action Plan 

Participants' feedback

"Get the basic knowledge of cost's structure, then be able to find the way to save cost."

(A participant from In-house course, 2017)

"Identify the types of cost and know how to cut them down. "

(A participant from In-house course, 2017

REFERENCES

"Cost Efficiency Management" pamphlet 

For the sample of training material please send your request to us here.

SUGGESTED COURSES

Participants should take these suggested courses below after taking "Cost Efficiency Management" course.