Why this course?

Description

Course: Cost Reduction Technique: Cut Costs and Maximise Profits

Course Duration: 6+ hrs

Course Objectives

Quality HUB India™ believes that the whole management team as well as the entire workforce in every organization must be actively involved in order to support an organization's efforts to continuously reduce costs and attain an acceptable level of long-term profitability.

One of the key responsibilities of the management teams of every firm is to determine and continually reduce unit costs in order to maintain the desired level of profit. In order to do this, senior managers and controlling specialists must look beyond the use of controlling tools in order to foster a culture of cost reduction.

All levels of the company need to be given a conducive atmosphere for effective and efficient cost problem resolution, and behaviors need to be shaped to support this environment.

Without practice, it is impossible to learn these cost-focused management techniques. In order to fully comprehend the fundamentals of current and future cost performance and develop a new model for learning and organizational change: pro-cost improvement culture, top managers and professionals in controlling must go through their own learning cycles for in-depth knowledge of cost and cost improvement.

What you are going to learn:

In this course, you'll learn practical techniques to identify wasted money in your company, detailed tips for analyzing the effectiveness of your biggest costs, understand why you should increase your prices or reduce your quality, learn which of your customers are actually costing you money, and dealing with common problems of management and motivation.

After this course your company will be lean, have highly profitable customers, and every part of the supply chain will contribute more effectively. In fact - you'll most likely be dealing with the most profit you’ve ever known! We look at lots of real-life cost reduction examples. Whether you're a small family business or a huge multinational this course will build essential skills for your long-term growth and short-term effectiveness.

In our opinion Cost Reduction is one of the most powerful and underestimated leadership and project management areas. Most companies focus entirely on selling and forget that there are crores of rupees left on the factory floor through inefficiencies and misunderstandings. Rest assured - you need not make your employees or customers unhappy using these techniques… in fact most likely both will end up better off.

Who this course is for:

• Anyone managing a team or organization, no matter how big or little... or self-employed.
• Anyone who wishes to work in cost reduction or management in their future career.
• Firms searching for inspiration on how to reduce costs and stay competitive.
• Suitable for product or service-oriented businesses.

Certification Exam Guidelines

Examination Format:

• The certification exam comprises multiple-choice questions designed to assess the comprehension of the Body of Knowledge.
• The exam will be conducted online and is available only in English.

Course Validity & Exam Timeline:

• Learners must take the final exam within 12 months of purchasing the course.
• Course access will remain available throughout the designated access period as applicable.

Note: Attempting the exam after the one-year period will require an additional fee.

Certification:

• E-certificates will be issued upon successful completion of the exam.
• Certificates will be delivered within 7 working days after passing the exam.

Sample Certificate:

• For a preview of the certification, click here.

Policy on Cancellation and Refunds

• The course to which you have subscribed cannot be replaced with another course.
• It is not possible to cancel a course once it has been purchased.
• There are no refunds for fees.
• Courses are not transferrable.

For Technical Support-

Contact us at +91-8094078781  or drop a mail at [email protected]

*Prices may change at any time without prior notice.

Benefits of Doing Courses from Quality HUB India™

• Expert instruction: Quality HUB India has a team of experienced trainers and consultants who have extensive knowledge and practical experience in their respective fields.
• Relevant and up-to-date content: Quality HUB India courses are designed to be practical and relevant, and they are updated regularly to reflect the latest best practices and industry standards.
• Industry recognition: Quality HUB India courses are recognized by various organizations and institutions in the industry, which can enhance your credibility and help you to stand out in the job market.
• Online Weekly Live Doubt Clearing Session: Interact with the faculty online every week and clarify your doubts arising during the learning for one full year from the date of purchasing the course.
• Networking opportunities: Quality HUB India courses provide opportunities for attendees to network with professionals from different industries and backgrounds, which can help you build valuable relationships and expand your knowledge.
• Flexible learning options: Quality HUB India offers both online and classroom-based courses, which provides flexibility for busy professionals and allows you to choose the learning option that best fits your schedule and preferences.
• Affordable pricing: Quality HUB India courses are priced affordably, making them accessible to individuals and organizations of all sizes and budgets.

Awards & Recognitions

• “Indian Achiever’s Award 2021-22” by Indian Achiever’s Forum
• ‘THE 2022 Global Education Award’ by Xel Research & Journey Magazine
• “Top 10 Manufacturing Consultant 2022” by Industry Outlook Magazine
• “THE BEST Learning Platform of 2022” by Business Connect Magazine

Accreditations & Certifications

• The Council for Six Sigma Certification (CSSC) – USA
• International Quality Federation (IQF) – USA
• International Accreditation Organisation (IAO) – USA
• ISO 9001:2015 – Quality Management System
• ISO 14001:2015 – Environment Management System
• ISO 29990:2010 – Learning Services for Non-Formal Education & Training