Strategic Cost and Value Management in the Supply Chain

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INTRODUCTION

Explores the key concepts of Strategic Cost/Price

Analysis, Value Analysis, and Total Cost of Ownership that will move today’s organization to the strategic focus needed to achieve world-class performance. This course will look at how to deliver price reduction, cost reduction and cost avoidance in modern organizations Strategic cost management is vital and increasingly important for all organizations. As global economic conditions place an increased focus on cost reduction to maintain profitability, it is essential that costs are managed in ways that ensure continued performance in strategic areas, and increase value for the organization and stakeholders overall. It will lead participants through development and implementation of carefully crafted strategies for managing costs while improving quality and productivity