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
Course Location
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.
See all SMF Centre for Corporate Learning courses- Construction Cost Estimation Academy for Health & FitnessSGD 17Duration: Upto 5 Hours
- Finance and Budget Analyst Skill-UpSGD 353Duration: Upto 125 Hours
