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Total Cost Solutions Seminar

Next public offering of this seminar:

August 19, 2008 (2 days) in Washington D.C., USA (click to register)

September 09, 2008 (2 days) in Singapore (click to register)

November 12, 2008 (2 days) in San Diego, USA (click to register)

Cost management is a journey toward a sustained competitive advantage for your company. Competition today exists more between strategically aligned supply chains than between individual companies. As these supply chains look for ways to differentiate themselves, technology, quality, service and timely delivery, while critical, may not be the answer. Providing all of the above at a lower cost than that of a rival supply chain will ensure long-term profitability and survival.

Unfortunately, most organizations do not have a clearly defined approach to cost management. The answer to cost pressures is often found in reactive budget cuts. This fast paced course will provide you with the processes and tools to create a structured cost management process at your company. These methodologies have been used at several world-class organizations such as IBM, Hewlett-Packard, Philips, Motorola, Kodak, Chevron, Capital One Financial, Sara Lee, American Airlines, Deere & Co., Mercury Marine, Arizona Public Service and PSEG to save billions of dollars.

Before a supply chain attempts to manage costs, it is imperative that you first understand the costs you intend to manage. This course is built around two stages:

  • Understanding supply chain costs
  • Managing the cost of the supply chain using AIM&DRIVEŽ

Fee

The workshop fee is 1250 USD for US/Asia locations and 1250 EURO for European locations. The fee includes: tuition, seminar materials, continental breakfast, lunch and refreshments. A discount of 150 USD/150 EURO per person is offered if three or more people from the same supply chain attend the seminar.

Refund Policy

Cancellations received up to 30 days prior to the first day of a class are eligible for a refund (less a $100 administration fee). Cancellations received later than 30 days from of the first day of a class will NOT be eligible for refund. The fee may be used to attend a future Anklesaria seminar within 1 year of the course for which the cancellation was made.  If the Anklesaria Group must cancel a seminar, full registration fees will be refunded to participants.

Target Audience

This workshop is intended for individuals from Purchasing, Supply Management, Engineering, R&D, Manufacturing, Quality, Logistics, Marketing and Finance. In fact, virtually anyone who is responsible for reducing the all-in-cost of his/her firm's materials, equipment and services should attend.

Seminar Length

2 days (16 hours)

Certification

This course is worth 16 Continuing Education Hours toward ISM's C.P.M. Recertification

Program Outline

Day 1

Overview

  • Anklesaria's Total Cost Solution Toolkit
  • Strategic Cost Management: The Concept
  • Selecting the Appropriate Cost Management Strategy

Understanding Supply Chain Costs

  • Price Analysis
  • Total Cost of Ownership
  • Make vs. Buy Decisions
  • Should Cost Models
  • Price Discipline

Day 2

Managing Costs Through The Supply Chain

  • Developing a Supply Chain Cost Management Strategy
  • Anklesaria's AIM&DRIVEŽ Process
  • Workshop: Develop Your Own Cost Management Strategy

Implementing Cost Management Solutions

  • Bridging the Knowing-Doing Gap
  • Building a Knowledge Base
  • Intelligence Cells
  • Tools

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