Cost Reduction Techniques for Effective Purchasing SMF Centre for Corporate Learning
Price: SGD 599

    Course details

    In the purchasing environment, companies are always looking for ways and means to cut costs so that the bottomline can be improved. Top management demands immediate action so that profits can be realised.

    PROGRAMME OBJECTIVES

    The programme provides the concepts and techniques of cost reduction to provide a strategy for cost improvement to leverage true costing techniques through negotiation, substitution, analysis and better managing the cost elements.

    PROGRAMME OUTLINE

    • Purchasing as a Profit Centre
    • Is it the right price
    • Savings through cost analysis
    • Implementing the Profit Centre
    • Cost savings through purchasing methods
    • Cost reduction techniques and applications
    • Cost reduction through negotiation
    • Performance Measurement
    Updated on 08 November, 2015

    About SMF Centre for Corporate Learning

    The Singapore Manufacturing Federation (SMF), formerly known as the Singapore Manufacturers' Association, was first established in 1932. Its main aim is to champion the Singapore manufacturing sector. With a membership of over 2,800 corporate members ranging from MNCs to SMEs, SMa carries out a myriad of activities to enhance the competitive edge of our members.

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