Course Description
- Learn how to systematically reduce costs and improve profitability.
- Analyze the current cost structure using logic tree and cost-profit bridge.
- Identify cost drivers and improvement levers to deliver quick savings.
- Download Excel templates for cost analysis and roadmap development.
- Develop an effective cost reduction framework based on 5 key strategies.
- Strategies cover demand, process, technology, organization, business.
- Prioritize cost improvement opportunities, using the value-effort matrix.
- Develop a detailed cost savings plan; derive key actions from 68 tactics.
- Learn from case studies: service firm, manufacturer, mining company.
- To succeed, you need to allocate 5-10 days effort within a 2-month period.
- Start now and become a certified Cost Reduction Professional.