|
|
|
“Cost Reduction: Best Practices, Tools and Techniques”
This practical
workshop focuses on a wide variety of tools for
designing, implementing and sustaining cost reduction
and containment strategies. The program reviews
a wide variety of techniques; standardization,
simplification, value analysis, consolidation,
leveraging, kanban, consignment, ecommerce, value
chains and alliances to name a few. It includes
lecture and discussion, examples, and exercises.
It is supported with a PowerPoint presentation
and a bound handout and is suitable for a wide
range of purchasing and supply professionals.
Targeted
Areas of Knowledge
-
Cost / Price Analysis Concepts
-
Pricing Theory and Competitive
Pricing
-
Cost Based Pricing vs. Market
Pricing
-
Seven Levels of Competition
-
Four Types of Price Comparison
-
Criteria for Competitive Bidding
-
Sources and Types of Prices
-
Cost Analysis and Cost Models
-
Obtaining and Analyzing Cost
Data
-
Profit Analysis
-
Profit Principles
-
Learning Curves
-
Life Cycle Cost Concepts
-
Benefits of Value Engineering & Value
Analysis
-
Five Phases of a Value Program
-
Supplier Involvement in Value
Programs
-
Tools for Reducing Price and
Cost
-
Supply Base Reduction
-
Negotiation
Most
Likely to Attend
This program is valuable to new supply management professionals interested
in expanding their knowledge and skill sets; experienced professionals wishing
to refresh and update their skills; and personnel who interface with purchasers
or suppliers, including those from quality, engineering, finance, production,
transportation, distribution and engineering.
Participants
Will Take Away
-
New knowledge of cost reduction
and avoidance strategies and opportunities
-
Tools and techniques ready to
be put into use at work the next day
-
Sample templates and checklists
to facilitate the application of learned concepts.
-
Suggested supplemental reading
to reinforce learnin
-
Certificate
of program completion with up to 14.0 continuing
education hours (CEH's)
|
|
|
|
|
|
|
|
|
|