Last updater Wed, 14-Apr-2021
Develop an understanding of key strategic cost management concepts for cost optimisation and strategic cost reduction.
- This course will certainly reinforce and establish the need for well-informed cost decisions.
- The course also recommends an approach for a deep dive into various cost elements and cost driver and you can overlay your own cost structure on the suggested template.
- You will be able to apply the concept of ‘strategic cost management’ to your next cost decisions for improving profitability as well as creating long term value.
- You can explore suitability of some of the suggested long term and short-term cost actions for your own organisation.
- The course will also emphasise on the importance of developing a cost-conscious organization to sustain the benefits of various cost optimisation programmes.