Radical Cost Reduction Using TOC, Lean and Six Sigma Techniques

In order to survive and grow in the current global recession scenario, the most important challenge for every company is to reduce cost while maintaining desired quality. You need an integrated solution. We are pleased to offer a unique methodology of “Radical Cost Reduction” developed by benchmarking and synergistically blending. Course Objectives To develop a practical approach among managers in enhancing global competitiveness of products and services through the following three steps: 1 Discover cost reduction opportunities in the business processes 2 Reduce cost in the quickest possible time using world-class techniques 3 Promote the new way of managing cost in all functions of the organization Course Content The body of knowledge of the programme addresses the following key issues of cost management: Day-1(09.30 –17.00 Hrs) * The global competitiveness and its relevance to your company * Overview of Theory of Constraints, Lean and Six Sigma * What makes your products and services costlier? * How TOC, Lean and Six Sigma can be applied to reduce cost? * How to launch cost reduction drive in the company? * How to detect constraints? * How to select cost reduction projects? Day-2 (09.30 –17.00 Hrs) * Cost reduction project planning and management * Reaching to the root- cause of cost-drivers * Developing the countermeasures * Implementing the cost reduction solutions * Holding the gains of improved methodology * Case studies and practical exercises * Developing an action plan to launch cost reduction drive in your company Participants are advised to come ready with: • A real problem faced in their department or organization concerned with cost. • A simple calculator Who Should Attend? Senior and middle level managers across all functions Investment Rs.10,000+10.30% Service tax (per participant). Payment to be made through DD in favour of “Asia-Pacific Institute of Management” payable in New Delhi. Fee includes cost of training, course material, lunch and tea. Take Away The knowledge and skill of latest cost reduction tools & techniques. Dates : 21st-22nd July 2009, Timing: 09.30-17.00 Hrs, Venue: Centre of Business Excellence, Asia-Pacific Institute of Management, 3 & 4 Institutional Area, Jasola, (Opp. Sarita Vihar), New Delhi - 110 025 Registration Closes on 14th July 2009