Operational Cost Control


This is an example of how we will customise to clients specificities and design to client's needs.
Duration
1 Day
Intended For:
Managers and supervisors at all levels and any person who need to:
  • Understand relevant financial concepts
  • Get a handle on cost control
  • Use cost control tools to prevent overspending on operational expenses
    • Forecasting
    • Budgeting
Save money through cost cutting at a departmental / business unit level
Contents:
Every company, from small to large, will at some point have to reduce business costs. utting costs in business can be difficult and it is much easier to keep control of the costs up front. But when times are good, and sales are growing, the focus of management often is on managing the revenue side of the income statement. While revenue is being managed, "waste" is developing in the expenses. These types of expense categories can be departmental specific and have a greater impact on the total profitability of the company.

Skills learnt focuses on practical application and use of tools.

Topics Covered:
The content will be designed for each organisation. It will cover among others:
  • Managing costs
  • Budgeting
  • Forecasting
  • Cost saving