E-learning
Operational cost savings and efficiencies
This course provides a framework to help you analyse your business's spending.
Partner products listed exclude VAT. You will be directed to an external site to complete purchase and VAT will be applied at checkout.
For your AAT exclusive discount apply AAT101 at partner checkout for an exclusive 10% off.
Special Price
£90.00
Regular Price
£100.00
Course Type
E-learning
Length
3 - 5 hours
What you’ll achieve
- Understand how to structure a cost reduction project specific to your business and the importance of doing so.
- Prioritise activities by using a holistic approach to cost management.
- Discover the tools and techniques that you can use to successfully plan your cost savings and run your business more efficiently.
- Provide realistic targets for your business and learn how to deliver your project to ensure its success.
About this course
This course provides a framework to help you analyse your business's spending, consider where to best focus your resources, and review how to balance short-term cost reductions with longer-term business needs.
Overview
E-learning |
|
3 - 5 hours |
|
Management Accounting |
Syllabus
Project benefits
- The importance of operational cost savings
- Making improvements
- Improving my business or function
- Critical signs for cost reduction
- Strategic cost-cutting
- Starting a plan
- The role of the accountant
Structure and format
- Cost reduction projects
- The essential components of a plan
- Structuring a project
- The SMART criteria
- Continuous improvement models
- Cost management planning
- Making mistakes
Tools and techniques
- Keeping things on track
- Follow the leader
- Putting a team together
- Part of the team
- Understanding priorities
- Applying lean techniques
- Using lean techniques
- Activity-based costing
- Some useful tools
Successful projects
- Common reasons for failure
- Managing expectations
- Making a project a success
- Rewarding success
- Cost-saving projects as competitive tools
- Bringing it all together
- Running a successful project.
How to access
You will be directed to an external site to complete purchase and VAT will be applied at checkout.
