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Provided by: Online Training Directory Savings Strategy Development |
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Your CEO wants to know: "Are you executing a cost savings strategy or are you just 'winging it'?" Could you respond by producing a top-notch written strategy? If not, the highly personal and interactive online class "Savings Strategy Development" can help you. The student can complete their course of study within anytime frame as long as it does not exceed 60 days from the stamped start date. Reasonable time should be given to digest all relevant course lessons and materials.
Savings Strategy Development Your CEO wants to know: "Are you executing a cost savings strategy or are you just 'winging it'?" Could you respond by producing a top-notch written strategy? If not, the highly personal and interactive online class "Savings Strategy Development" can help you.
You will learn a systematic method of establishing a cost savings strategy in your organization. Your plan will be comprehensive, covering everything from analyzing your spend to strategic sourcing to continually improving cost savings processes. You'll also understand many nuances of how to write an RFP within the context of a step-by-step RFP process. Frequently Asked Questions How long will it take me to complete the course? The amount of time it takes to complete the course is dependent upon the time you are able to spend in study. Each lesson takes approximately 30-60 minutes to complete and the course is comprised of 8 lessons.
Students generally complete the course in 4-8 hoursWill I be able to work at my own pace? Yes. The online format of the instruction method allows you to proceed according to your own pace. Your personal schedule governs your completion time. The material is available on demand online.Are there any required books for the course? No.
The course is completely online and you will also receive a printer-friendly version of the course. This are included at no additional cost to you.Can I assess what I have learned? Yes. Each lesson has a review quiz. From there you will be able to determine if you understood the concepts or if you still need to review the materials further.
You will need to score 70% or higher overall on the quizzes to successfully complete the course.
Savings Strategy Development Your CEO wants to know: "Are you executing a cost savings strategy or are you just 'winging it'?" Could you respond by producing a top-notch written strategy? If not, the highly personal and interactive online class "Savings Strategy Development" can help you.
You will learn a systematic method of establishing a cost savings strategy in your organization. Your plan will be comprehensive, covering everything from analyzing your spend to strategic sourcing to continually improving cost savings processes. You'll also understand many nuances of how to write an RFP within the context of a step-by-step RFP process. Frequently Asked Questions How long will it take me to complete the course? The amount of time it takes to complete the course is dependent upon the time you are able to spend in study. Each lesson takes approximately 30-60 minutes to complete and the course is comprised of 8 lessons.
Students generally complete the course in 4-8 hoursWill I be able to work at my own pace? Yes. The online format of the instruction method allows you to proceed according to your own pace. Your personal schedule governs your completion time. The material is available on demand online.Are there any required books for the course? No.
The course is completely online and you will also receive a printer-friendly version of the course. This are included at no additional cost to you.Can I assess what I have learned? Yes. Each lesson has a review quiz. From there you will be able to determine if you understood the concepts or if you still need to review the materials further.
You will need to score 70% or higher overall on the quizzes to successfully complete the course.
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Training
Provided by Online Training Directory
- P asked: Course Description and topics covered.
- M asked: What is the cost for your course? Is this a certificate course?
Savings Strategy Development
Outcomes You will learn how to identify savings opportunities by analyzing your spend, plus...
- How to define several types of savings and avoidances
- How to create or improve a commodity classification system that optimally supports savings initiatives
- How to find and take advantage of easy cost savings opportunities
- How to achieve cost savings by leveraging existing supplier relationships
- How to negotiate savings without straining a supplier relationship
- How to diligently manage costs by utilizing the Producers Price Index and developing your own Supplier Price Index
- How to get everyone to apply the same, proven approach to cost savings by implementing The Ten Phase Approach To World-Class Sourcing
- How to determine a methodology and strategy when writing an RFP
- How to write an RFP that is aligned with the final contract
- How to write an RFP that achieves the perfect balance of standardization and customization
- How to write an RFP that is aligned with evaluation scorecards
- How to write an RFP that ensures equitable ("apples-to-apples") supplier comparisons
- How to write an RFP with an optimized supplier response format
- How to report cost savings in a way that will be embraced by executive management
- Lesson 1 - Executive View of Purchasing Savings & Savings Definitions
- Lesson 2 - Avoidance Definitions & Outlining A Savings Strategy
- Lesson 3 - Spend Categorization & Analysis
- Lesson 4 - Quick Hit Opportunities
- Lesson 5 - Supplier Relationship Opportunities
- Lesson 6 - The 10 Phase Approach To World Class Sourcing (Part I)
- Lesson 7 - The 10 Phase Approach To World Class Sourcing (Part II)
- Lesson 8 - Reporting Savings & Continuous Improvement
About The Training Provider: Online Training Directory
Online Training Directory - JER Online (JER Group, Inc.) lists over 1000 , cost affordable, non-credit Courses and Certificates in its own proprietary online catalog. We are always adding "more courses...all the time " to a growing inventory.
The courses and certificates that comprise JER Online s course catalog are developed by (1) JER Online, (2) a growing number of accredited .edu partners and by (3) corporate...
