View Workshop Details

View Workshop Details

This workshop is specifically designed for those persons in an organisation whose responsibility it is to account for business costs and make product and service purchases. It will equip the learner with many pitfall to avoid when starting the profit maximisation / cost reduction process.

Target Participants

  • Chief Financial Officers and Financial Controllers
  • Human Resource & Information Technology Managers
  • Management & Cost Accountants
  • Cost Control Managers & Costs Analysts
  • Purchasing & Procurement Managers
  • Freelancer & Contract Management Consultants

How Participants Will Benefit

  • Improve your knowledge of key drivers of organisational profitability and shareholder value
  • Learn how global economic fundamentals impact an organisation’s bottom line
  • Learn how technologies can be use to lower costs whilst raising revenue at the same time
  • Learn how effective people manangement can significantly reduce costs
  • Identify critical areas where costs can be prevented or reduced
  • Review real life case studies of cost reduction techniques across multiple industries
  • Great opportunity to network and share / hear experiences from other business professionals

Course Content

  • How to identify areas for cost prevention and reduction in HR, technology, services & management
  • Understanding the factors that cause the greatest amount of wastage / inefficiency in any organisation
  • Strategies management can deploy immediately and in the future to reduce costs
  • How to tell the difference between a positive and negative costs
  • Advantages and disadvantages of outsourcing / leasing / third party distribution
  • How to developing and implementing effective cost-containment programs
  • Monitoring the impact of your cost-reduction program