Maintenance Costs Reduction Strategy without Undesirable Impact on Product Quality

Duration

2 days

Course Introduction

Managers must firstly get the facts on which to set realistic targets. Then, when they make the cuts required, they should look to the future in order to avoid reducing strategically important expenditure.

Course Objectives

- This course will develop the participants’ skills in:
- Being aware of costs at all times
- Seeking cost reduction from the start (including life-cycle costing)
- Appraising projects / production to identify and take out risk
- Understanding real budgeting
- Using techniques such as ZBB and ABC where appropriate
- Ensuring cost reports lead to action
- Managing a cost reduction process that delivers.