Understanding Activity Based Costing, Benchmarking and how to develop a Cost Reduction Tool Kit
Submitted by paulrichmond on Sun, 06/14/2009 - 02:21.
Description:
This provides an example of the type of technical based training that we can deliver to those in your business who need to keep up to date with current developments and apply this knowledge practically as part of their role in your business.
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Objectives:
- To understand what Activity Based Costing is and the typical benefits of using ABC
- •To understand the key activities of the business and their associated costs headings
- •To understand the typical ways in which businesses can reduce/manage costs
- •To discuss the costs incurred within your area of the business and how they can be reduced or managed more efficiently
- •To discuss who, how and when – cost reduction best practice
- •To understand what Benchmarking is and to benchmark financial performance against your key competitors
- •Development of a cost reduction/ cost management tool kit to use in your area of the business
Benefits:
- Stay up to date with developments in the field of finance
- Apply this knowledge in delegates day job
- Have the time and ability to discuss developments with colleagues and share best practice across departments and functions
Who Should Attend?:
Those who need to remain technically up to date for Professional body reasons or just as importantly to add value in their day job.
Call Simon Dawkins on 01892 610060
to have a chat about how this could help your business perform in the current economy.
