Online Course on Operational
Cost Savings and Efficiencies
Do you believe that your organisation or project is running efficiently?
When things are going well there is often not enough time to concentrate on anything but the core business activities, and if things are not going well arbitrary cost cutting risks long term existence.
This course will provide a framework to help you analyse your business, consider where to best focus your resources and review how to balance short term cost reductions with longer term business needs.
Understanding Operational Cost Savings and Efficiencies
enables the learner to:
• Understand how to structure a cost savings project
• Learn how to prioritise activities
• Get started by considering real life examples where cost savings and efficiencies
have been achieved
• Provide realistic targets for your business
|Rating:||100% of learners thought this course met their CPD needs|
“The course provided a professional and practical business perspective especially with real business situations.”
“The different company scenarios were useful and the fact that they appeared thought out the session was a good aid to understanding the topic.”
|You can review this course using the questionnaire in the course completion area.|
Learning outcomes of Operational Cost Savings and Efficiencies
• Why do I need to improve me business or function?
• In what ways can my business or function be improved?
• What are the critical signs that cost reductions are required?
• How do I start to plan?
Structure and Format
• What are the essential components of a plan or project?
• How do I structure the project?
• What should the project look like?
• What is the continuous improvement model?
• What is a cost management plan?
Tools and Techniques
• How can I keep things on track?
• Who should lead the project?
• How do you put the team together?
• How should it be managed?
• How can I apply lean techniques?
• What is activity based costing?
• What other useful tools are available?
• What kinds of thing tend to work well?
• What kinds of thing don’t work so well?
• How can I manage expectations?
• How do I reward success?
• Can I use efficiency and cost saving projects as a competitive tool?
• How do I bring it all together?
About the author of Operational Cost Savings and Efficiencies
Chris Bruce is Operations Director for Northrop Grumman Sperry Marine, a premier provider of Navigation solutions to the Commercial and Military Marine market.
With over 25 years experience, he has overseen the implementation of countless products, systems and solutions from turn-key programs through to volume market products from initial idea through to end of life and has an MBA from Kingston University.
Learners take their own route through the topics covered in the course. They will learn at their own pace through a variety of activities designed to accommodate a range of learning styles.
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Length of courses
Each course takes approximately 4 hours to complete.
Once you've completed the course you will be able to claim 4 verifiable CPD hours, if required. CPD points are claimed by the registered user, who can be someone different to the person who pays if required.
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