- TypeTraining or Development Class
- Location Devimpact Institute, Nairobi, Kenya
- Date 24-07-2023 - 28-07-2023
Education/Teaching/Training/Development
About the Course
Strategic cost management is critical for all firms and is becoming increasingly significant. As global economic conditions raise the emphasis on cost reduction to sustain profitability, expenses must be managed in ways that assure continued performance in vital areas while also increasing value for the business and stakeholders overall. This supply chain training program on strategic cost and value management guides participants through the creation and application of well-thought-out cost-management strategies that also boost quality and productivity.
Target Participants
This course is ideal for supply chain and procurement professionals, project managers, finance staff, operational staff, government officials, and any other professionals who want to build their skills in supply chain management.
Course Duration
Online
7 Days
Classroom-based
5 Days
What You Will Learn
By the end of this course the participants will be able to:
Course Outline
Understanding the Value Proposition of Procurement to an Organization
Setting the Strategic Direction
Price Down – Understanding and Managing Price
Cost Down – Analyzing and Managing Internal and Supplier Costs
Driving Cost Out – Supplier Engagement and Cost Elimination
Implementing Strategic Cost Management
Training Approach
This course is delivered by our seasoned trainers who have vast experience as expert professionals in their respective fields of practice. The course is taught through a mix of practical activities, theory, group work, and case studies.
Training manuals and additional reference materials are provided to the participants.
Certification
Upon successful completion of this course, participants will be issued a certificate.
Tailor-Made Course
We can also do this as a tailor-made course to meet organization-wide training needs. A training needs assessment will be done on the training participants to collect data on the existing skills, knowledge gaps, training expectations, and tailor-made needs.