Cost Reduction Techniques
Workplace Skills
In any business a pound saved goes straight to the bottom line and is like compound interest, it keeps adding to profitability year on year. These savings can be achieved in numerous ways; value engineering, production engineering, reorganization, negotiation, operational efficiency, elimination of waste, quality improvements, stock reduction the list is endless and significant opportunities exist in all businesses. Experienced, credible specialists ensure that significant results are delivered that creates a positive impact on the performance of your business.
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Training
Provided by Reliable Quality Consultants
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- A asked: please provide me cost reduction techniques on recurring costs, variables in manufacturing.
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- asked: May I enquire the propose date and price? thanks
- asked: May I enquire the propose date and price? thanks
- P asked: Please send me the course outline and the fees for enrollment. Is it an online course? Where is it offered
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Cost Reduction Techniques
Benefit From This Course :
Higher profits from lower costs and higher margins
Improved balance sheet
Larger market share from price reductions
Improved quality and service
Enhanced competitive position
A way of keeping track of improvements
A change in mechanism to prevent obsolescence
The organization develops a stronger future focus
Produces faster bottom line results than revenue enhancement programmes
Target Group :
Production Managers, Production Executives and Production Staff who are seeking to enhance their know-how on ways and means to reduce production cost.
Background Of The Trainer :
N. Paramadevan
Mr. N. Paramadevan is a Principal Trainer with Reliable Quality Consultants in Seremban. He is a Registered Engineer & Consultant / trainer with Board of Engineers Malaysia (BEM) and Malaysia Register of Certificated Auditors (MRCA) respectively. He s affiliated to the American Society for Quality (ASQ-USA) and Institute of Quality Malaysia (IQM) . Mr. N. Paramadevan has been a trainer for many organizations in the arena of ISO and Engineering. His training mainly stems from his practical experience and is conducted in a highly interactive fashion. A few of the many organizations he has trained are as follows:
Ansell Malaysia, Tenaga Kimia, Balai Seni Lukis Negara, Perodua, Asian NDK Crystal, Georg Jordan Malaysia, Harta Packaging Industries, Elite Precision Components, Averex, Transkon, Unispan, ISOplas, Uruswajar Concrete, Alam Dinggin, Tenaga-Tech Electrical Engineering, Century Advance Electronics, Success Electronics & Transformer Manufacturer, Opto Sensor, Stellar and many more.
HIS COMPETENCY
Education - Master of Engineering (AIT -Thailand)
Skill - ISO & Engineering Consultancy & Training
Training - Trained by GURUS
Experience - Over 20 years ISO/R&D/Production/ Eng
HIS ACHIEVEMENTS
Reduced manufacturing time by 60%, non-conformances to zero, customer complaints to zero, mould repair time by 31% and manufacturing cost by 38%.
Increased company turnover by 53%.
Set-up automotive plant in Indonesia, developed machines, awarded Gold Emblem highest score in lead auditor s training, improved system management in quality, environment and safety & health.
2 Days Course Outline :
1. People
Attitude
Habit
Confucius approach
Persuasion
Manager s toolkit
Brainstorming 1
2. Cost Reduction By Design
Cost reduction opportunities
The results
How to reduce product cost by design
Activities supportive to low cost product development
Brainstorming 2
3. Lean Production Cost Reduction
Cost reduction opportunities
The results
How to reduce manufacturing cost
Activities supportive to lean production
Brainstorming 3
4. Overhead Cost Reduction
Cost reduction opportunities
The results
How to reduce overhead cost
Activities supportive to build-to-order and mass communication
Brainstorming 4
5. Standardization Cost Reduction
Cost reduction opportunities
The results
How to reduce cost with standardization
Activities supportive to standardization
Brainstorming 5
6. Product Line Rationalization Cost Reduction
Cost reduction Opportunities
The results
How to reduce cost with product line rationalization
Activities supportive to product line rationalization
Brainstorming 6
7. Supply Chain Management Cost Reduction
Cost reduction opportunities
The results
How to reduce cost in supply chain management
Activities supportive to supply chain cost reduction
Brainstorming 7
8. Quality Cost Reduction
Cost reduction opportunities
The results
How to reduce the cost of quality
Activities supportive to quality cost reduction
Brainstorming 8
9. Total Cost Measurement
Cost reduction opportunities
The results
How to reduce cost with total cost measurement
Activities supportive to total cost measurement
Brainstorming 9
CASE STUDIES ARE INCLUDED
Higher profits from lower costs and higher margins
Improved balance sheet
Larger market share from price reductions
Improved quality and service
Enhanced competitive position
A way of keeping track of improvements
A change in mechanism to prevent obsolescence
The organization develops a stronger future focus
Produces faster bottom line results than revenue enhancement programmes
Target Group :
Production Managers, Production Executives and Production Staff who are seeking to enhance their know-how on ways and means to reduce production cost.
Background Of The Trainer :
N. Paramadevan
Mr. N. Paramadevan is a Principal Trainer with Reliable Quality Consultants in Seremban. He is a Registered Engineer & Consultant / trainer with Board of Engineers Malaysia (BEM) and Malaysia Register of Certificated Auditors (MRCA) respectively. He s affiliated to the American Society for Quality (ASQ-USA) and Institute of Quality Malaysia (IQM) . Mr. N. Paramadevan has been a trainer for many organizations in the arena of ISO and Engineering. His training mainly stems from his practical experience and is conducted in a highly interactive fashion. A few of the many organizations he has trained are as follows:
Ansell Malaysia, Tenaga Kimia, Balai Seni Lukis Negara, Perodua, Asian NDK Crystal, Georg Jordan Malaysia, Harta Packaging Industries, Elite Precision Components, Averex, Transkon, Unispan, ISOplas, Uruswajar Concrete, Alam Dinggin, Tenaga-Tech Electrical Engineering, Century Advance Electronics, Success Electronics & Transformer Manufacturer, Opto Sensor, Stellar and many more.
HIS COMPETENCY
Education - Master of Engineering (AIT -Thailand)
Skill - ISO & Engineering Consultancy & Training
Training - Trained by GURUS
Experience - Over 20 years ISO/R&D/Production/ Eng
HIS ACHIEVEMENTS
Reduced manufacturing time by 60%, non-conformances to zero, customer complaints to zero, mould repair time by 31% and manufacturing cost by 38%.
Increased company turnover by 53%.
Set-up automotive plant in Indonesia, developed machines, awarded Gold Emblem highest score in lead auditor s training, improved system management in quality, environment and safety & health.
2 Days Course Outline :
1. People
Attitude
Habit
Confucius approach
Persuasion
Manager s toolkit
Brainstorming 1
2. Cost Reduction By Design
Cost reduction opportunities
The results
How to reduce product cost by design
Activities supportive to low cost product development
Brainstorming 2
3. Lean Production Cost Reduction
Cost reduction opportunities
The results
How to reduce manufacturing cost
Activities supportive to lean production
Brainstorming 3
4. Overhead Cost Reduction
Cost reduction opportunities
The results
How to reduce overhead cost
Activities supportive to build-to-order and mass communication
Brainstorming 4
5. Standardization Cost Reduction
Cost reduction opportunities
The results
How to reduce cost with standardization
Activities supportive to standardization
Brainstorming 5
6. Product Line Rationalization Cost Reduction
Cost reduction Opportunities
The results
How to reduce cost with product line rationalization
Activities supportive to product line rationalization
Brainstorming 6
7. Supply Chain Management Cost Reduction
Cost reduction opportunities
The results
How to reduce cost in supply chain management
Activities supportive to supply chain cost reduction
Brainstorming 7
8. Quality Cost Reduction
Cost reduction opportunities
The results
How to reduce the cost of quality
Activities supportive to quality cost reduction
Brainstorming 8
9. Total Cost Measurement
Cost reduction opportunities
The results
How to reduce cost with total cost measurement
Activities supportive to total cost measurement
Brainstorming 9
CASE STUDIES ARE INCLUDED
About The Training Provider: Reliable Quality Consultants
Reliable Quality Consultants - Reliable Quality Consultants is a one-stop consulting & training organization providing consulting services in ALL ISO certification to organizations of all nature and size. We have continually expanded and diversified our services to now embracing a wide range of training programmes to reinforce and sustain knowledge within the organization.
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