Training
Services
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Training Services
Strategic Cost Management Public Seminar
| Overview |
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.
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| Registration |
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| Fees |
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.
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| Cancellation and 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. |
| Hotel Accomodations |
The public seminar is being held at a hotel located near the city's main airport. A special rate has been reserved for participants who
plan on staying at the hotel where the seminar is being held. |
| Meals |
Breakfast and lunch are provided both days of the seminar and are included in the price of the seminar. Participants are responsible for dinner expenses. |
| Who Should Attend |
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.
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| Seminar Length |
2 days (16 hours)
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| Certification |
This course is worth 16 Continuing Education Hours toward ISM's C.P.M.
Recertification
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| 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
- Should CostShould Cost Models
Day 2
Managing Costs Through The Supply Chain
- Price Discipline
- Total Cost of Ownership (including make vs. buy decision)
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