Course Description

The goal of every business organization is to increase its profit. How to increase profit depends on its volume of sale and profit margins. Volume of sale depends on Global Competitiveness of product, which can be improved by reducing price. Organizations need to fix a price which is competitive as well profitable., that is possible by reducing production cost. Conventional cost management techniques are no more capable to reduce cost to beat the global competition. Radical Cost reduction is a unique innovative technique to reduce cost by using three most powerful problem solving techniques: Theory of Constraints, Lean and Six Sigma.

---

Course Detail

Radical Cost Reduction is implemented through 7 radical steps:                      

---

Course Highlights

• Unique course using Theory of Constraints, Lean and Six Sigma as a holistic technique to reduce cost in a scientific and practical way. Course jointly developed by a team of cost reduction experts and online E-learning professionals.
• The most cost-effective value proposition for HRD to enhance the competency of employees on the most important topic of cost reduction, without leaving the workplace. The investment is less than 30% of the regular training programs on similar topics.
• Highly flexible and user-friendly online course provides a 30 days learning period to understand the concepts through audio-visual training sessions, supported by self-study text in E-books and exercises to develop implementation skills. Participants can login any number of times as per their convenience.
• Course provides step-by-step guidance to learners through real case studies on "How to select cost reduction projects?" and "How to reduce cost by problem solving?"
• After successful completion of the course, "qualified participants" are guided to take up a "real project to reduce cost" in their area of working and demonstrate their competence with tangible financial savings.
• Return on investments from application of Radical Cost Reduction may be several times more (in millions of Rupees) compared to a very little investment made on the learning.
• Organizations are recommended to do a "pilot training" of one of their Business Excellence professionals to try this course, before recommending it to all other employees. The purpose of the course is to enhance Global Competitiveness of organizations through a single point agenda "Reduce Cost" to increase salability and profitability.

---

Specialization

---

Industry Projects

• Any organization who want to increase its market share and profit growth must go for this course and train people company wide.
• Any professional who wants to improve his/her skill for better employability must develop the Cost Reduction Skill.

---

---

Course Advantage