LEAN MANUFACTURING
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Define your real product cost and improve profitability

Why You Should Come

To Understand Activity-based Costing concepts, objectives and implications.
To Master this information tool in order to :
• Reduce Costs,
• Improve product and customer profitability,
• Improve customer relationships,
• Perform more accurate forecasting and planning,
• Remove waste and control costs of “not doing”,
• Optimise product and service mix,
• Choose appropriate pricing methods and improve negotiations.

Who Is Participating and Why

Chief Executives, Directors, managers, Sales and Marketing personnel, R&D personnel, Administrative personnel and Operations personnel.

Objectives

The aim is to give all employees a better idea of the cost structure and to deliver the information they need to understand how their jobs affect the bottom line

What You Will Learn ?

• Is it time to implement ABC in your company ?
• How to get everyone committed ?
• Acquire a process-based view of your company,
• Analyse various activities, eliminate or reduce non value adding activities,
• Set-up Cost Pools,
• Identify activity drivers and cost drivers,
• Integrate ABC in your company’s information system,
• Product Costing, Customer profitability, Channel profitability etcÉ
• Adopt Activity-based Management (ABM)

Workshop Modules

PART 1
• Traditional Volume-based costing Systems
• Activity-based Costing Defined ; what are its advantages ?
• When to change to ABC ?

PART 2
• Process Value Analysis
• Activity Categorization
• Value Creating Activities

PART 3
• Activity Drivers Definition
• Cost pool Development
• Direct, Step-down & Reciprocal Allocations

PART 4
• Cost Drivers Definition
• Product Costing
• Profitability analyses of Products, Customers and Channels

PART 5
• Integrating Activity Based Costing with ERP
• Links to other Information System components
• Simulation and decision-making

PART 6
• Going a Step further: Activity Based Management (ABM)
• The Big picture: the role of ABC in the company’s strategic management (Strategic Enterprise Management, SEM)

PART 7
• Practical Advice for a successful implementation
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content overview

This training is composed two modules :
• Technic of the Activity Based Costing
• Strategic analysis with Activity Base Management

This training focuses on the implementation of the Activity Base Costing and on the integration of the company strategy.
Every section si buid-up of a theoretical part and a practical part to allow delegates to learn by doing.

PUBLIC TRAINING :
Duration : 2 days • Fee : 985 euros + VAT • Meals : 42 euros + VAT (optional)

IN-HOUSE TRAINING : please contact us.