top of page
  • Service Excellence and Handling Complaint
    Service Excellence and Handling Complaint
    This dynamic, interactive, and engaging one-day workshop has been designed to equip individuals with the necessary competence and “mindset” to consistently meet and, at every possible opportunity, exceed their customers’ expectations.
  • Crane Inspector Certification
    Crane Inspector Certification
    Multiple Dates
    Mon, May 13
    Pengoperasian Crane memiliki dampak dan risiko besar pada segmen pekerjaan dimanapun lokasinya. Maka inspeksi terhadap Crane perlu dilakukan secara intensif bahkan setiap saat sebelum pesawat angkat ini dioperasikan.
  • WP&B, FQR, POD, PIS, AFE and AFE Closed out
    WP&B, FQR, POD, PIS, AFE and AFE Closed out
    This course is designed to give participants (concentrated on the secretaries and administrative personnel), an understanding and better picture of how the AFE, WP&B, POD, and FQR which are prepared and compiled in the OIL & GAS companies to be submitted to SKKMIGAS.
  • Basic Petroleum Economic and Risk Analysis for Supporting Personels
    Basic Petroleum Economic and Risk Analysis for Supporting Personels
    This introduction to petroleum economics is an engaging and highly motivating course that allows participants to grasp the fundamentals of how an upstream organization works in financial terms and what is needed to become a successful enterprise.
  • Managing Warehouse in the Future
    Managing Warehouse in the Future
    Multiple Dates
    Mon, May 13
    This training course will examine how the effects of the Coronavirus will force us to manage, and think, differently about warehousing.
  • BNSP Certified Human Resource Practitioner (CHRP)
    BNSP Certified Human Resource Practitioner (CHRP)
    This training exists as a provider of competency certification for HR practitioners. Competency certification is intended to be used as the competency certification scheme of the National Professional Certification Agency (BNSP) and refers to the applicable SKKNI in the field of HRM.
  • Time Management
    Time Management
    Multiple Dates
    Mon, May 13
    You can be successful at your job without working 60-hour weeks or going home every night feeling exhausted and frustrated. The key to being successful without sacrificing your sanity is by managing your time effectively.
  • Smart Leadership: Achieving Strategy through Leadership and Innovation
    Smart Leadership: Achieving Strategy through Leadership and Innovation
    This course will expose delegates to the concept that innovation and outstanding leadership go hand in hand. Delegates will learn that new ideas can inspire new products, services, and systems that can provide a distinct competitive advantage over competitors, and smart leadership brings those ideas
  • Effective Leadership Skills for Managers
    Effective Leadership Skills for Managers
  • Process Safety Management (PSM)
    Process Safety Management (PSM)
    Multiple Dates
    Tue, May 14
    This training provides an in-depth study of each PSM element.
  • Position & Workload Analysis
    Position & Workload Analysis
    Multiple Dates
    Tue, May 14
    Workload Analysis is a tool to translate business strategies to determine the level of productivity and improve the cost efficiency of an organization or company. Through this course, the participants will learn about calculating the optimum number of HR needs.
  • Pelatihan Masa Persiapan Pensiun (Retirement Readiness Training)
    Pelatihan Masa Persiapan Pensiun (Retirement Readiness Training)
    This training will be aimed at helping companies to change the existing retirement paradigm.
  • Agile with Scrum Project Management
    Agile with Scrum Project Management
    Multiple Dates
    Tue, May 14
    This interactive and experiential workshop teaches you how to envision the project goal and develop a path toward delivering it. You will learn how to start with a roadmap, elaborate that into a product backlog, and break the work down into small observable slices at appropriate times.
  • Microsoft Office Excel 2016 Advanced
    Microsoft Office Excel 2016 Advanced
    Multiple Dates
    Tue, May 14
    This course is meant for those desiring to gain advanced skill sets necessary for calculating data using functions and formulas, sorting & filtering data, using PivotTables, Slicers & PivotCharts for analyzing data, auditing and analyzing worksheet data, import and export data, protecting data, etc.
  • Microsoft Office Excel 2016 Basic
    Microsoft Office Excel 2016 Basic
    Multiple Dates
    Tue, May 14
    In this workshop participants are taught to perform: opening and closing applications, navigating basic file structures, and managing files and folders in Microsoft Excel 2016. This course is intended for anyone who wishes to gain a foundational understanding of Microsoft Office Excel 2016.
  • The Senior Secretary Development Programme
    The Senior Secretary Development Programme
    The Senior Secretary holds a key position of influence and a powerful partnership with the senior management team. Success in this role has a direct effect on the success of executive operations.
  • Coaching and Mentoring Skills for Managers and Supervisors
    Coaching and Mentoring Skills for Managers and Supervisors
    Every employee can reach higher levels of performance, including your average and best performers. What they need is a manager who can coach: someone who can routinely observe, assess, and interact in ways that develop and maximize their individual effectiveness.
  • Process Mapping for Improvement
    Process Mapping for Improvement
    Multiple Dates
    Wed, May 15
    By the end of this course, through several highly engaging workshops, participants will be able to provide process documentation and illustrations (process maps).

Our Upcoming Trainings

Cost Reduction Management
Cost Reduction Management

Thu, Oct 24

|

Indonesia

Cost Reduction Management

This program will give you an in-depth understanding of what the true cost management is. It will show you the importance of being cost-conscious and reducing costs through good design and efficient operating practices while taking continuous action on overspending.

Time & Location

2 more dates

Oct 24, 2024, 8:00 AM – Oct 25, 2024, 5:00 PM

Indonesia

About The Training

OVERVIEW

In a crisis, reducing costs is vital for survival. Businesses that cannot control their costs will not stay in business. As managers and budget holders, you need to be aware of costs, manage them effectively, and maximize opportunities to reduce them. This program will give you an in-depth understanding of what the true cost management is. It will show you the importance of being cost-conscious and reducing costs through good design and efficient operating practices while taking continuous action on overspending.

OBJECTIVES

After completing the program, participants will be able to:

  • Optimize cost reduction using structure and strategies
  • Leverage existing cost avoidance with sustainable measures that have longer-term impact
  • Improve vendor management and evaluation for greater outcomes
  • Minimize supply chain disruption (proactive planning and risk management)
  • Establish and utilize procurement outsourcing and offshoring to your benefit
  • Quantify buying processes, best practices, and systems (templates, forms, and contracts)

TARGET PARTICIPANTS

This program is essential for managers and budget holders from across industries.

COURSE CONTENTS

1. Establish a Cost-avoidance Culture

  • Sources of unnecessary costs
  • Cost and changes over time
  • Cost creep
  • Establishing a cost avoidance culture

2. Developing a Cost-reduction Strategy

  • Cost leadership
  • Identifying savings targets
  • Quick wins
  • Step change and continual improvement programs
  • Company turnaround situations
  • Cost monitoring
  • Accounting strategies for cost reduction
  • Cost controlling strategies: existing products and new technologies
  • Cutting costs: implementation techniques
  • Strategy implementation

3. Cost Analysis Tools

  • Pareto analysis
  • Understanding cost drivers, trends, and dynamics
  • Cost segmentation

4. Managing External Expenditure

  • Global sourcing
  • Maximizing leverage
  • Purchase price and cost analysis opportunities
  • A process-led approach
  • Total cost of ownership analysis
  • Generating sustainable benefits

5. Managing Supplier Price Movements

  • A systematic approach
  • Cost transparency
  • Reverse auctions
  • Learning curve
  • Pitfalls of price variation formulas and contract price adjustment

6. Value Chain Analysis

  • Value chain mapping to identify cost improvement opportunities
  • Process improvement tools
  • Examples of successful use
  • Change control

7. People Costs

  • The true cost of labor
  • Focusing on the value-added
  • Technology and productivity
  • The folly of slash-and-burn approaches
  • Sub-contracting and outsourcing
  • Performance management: strategies for effectiveness

8. Outsourcing and Offshoring

  • Identifying outsourcing opportunities
  • Critical cost management factors
  • Managing costs going forward
  • Finding suitable partners
  • Maximizing opportunities
  • Pitfalls to avoid
  • Contract considerations
  • Managing service providers

9. Overhead Cost Reduction

  • Value analysis and engineering
  • Business approaches re-engineering
  • Automation

10. Demand Management, Forecasting, and Inventory Management

  • Sales and operational planning processes
  • Collaborative planning
  • Consensus forecasting
  • Consignment stock
  • Vendor managed inventory
  • Order penetration point analysis
  • Lean and agile thinking
  • Dependent and independent demand for stock items

11. e-Commerce

  • Reduction in transaction cost
  • Improvements in time and cost to market
  • Efficient customer response
  • Disintermediation of the supply chain

12. Soft Targets and Quick Wins

  • Strategies for finding and delivering quick wins
  • Areas which typically yield quick wins
  • Soft targets

Share this Training

bottom of page