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MANUFACTURING COST CONTROL AND PERFORMANCE OPTIMIZATION

Revenue - costs = profit
This is an easy mathematic problem that everyone can solve, but can you handle it well during manufactory operation and maximize profit?
How to effectively make each production manager have a clear sense of cost?
How to effectively establish a system of managing and controlling manufacturing cost?
How to use various methods to accomplish comprehensive and efficient cost analysis and control in the manufacturing process?
How to carry out cost control on production practices?
Only systematically applying control management on manufacturing cost can bring you sustainable competitive advantage.

Training Objectives

Strengthen cost consciousness, obtain a correct perception of work value, and enhance the conception of cost management theory.
Acquire basic knowledge on cost as well as cost accounting methods with analysis ability.
Have a good command of methods and tools for comprehensive and effective cost analysis and control.
Learn to establish systematic manufacturing cost management
Share the manufacturing cost management experience of worldwide fortune 500 corporations

Training Attendees

General manager, factory manager, operation manager and related middle and top-level managers
Personnel in charge of manufacturing cost control management


	Training Outline

	Challenges enterprises are facing
	Challenges of market and internal operation management
	Red Ocean Strategy – the core competency of Product Leader
	Mission and the latest concepts of manufactory management
	Foundation of manufacturing cost management
	Cost definition, division and difference
	Typical composition of manufacturing cost
	Typical cost accounting process
	Major manufacturing cost calculating methods
	The core of manufacturing cost control
	Typical process of manufacturing cost control
	Major content of manufacturing cost control
	Major methods of manufacturing cost control
	Relationship between manufacturing cost control and company operating process
	To improve manufacturing cost through value analysis
	Operating activities and cost occurrence involved in manufactory management
	The value analysis of combining consumers orientation and internal orientation
	Impacts of management style on manufacturing cost
	Economic analysis on manufactory input and output
	Cost control in value-added and non value-added operating processes

	Specific methods of improving manufacturing cost control
	The methods to control and improve manufacturing cost
	- Basic thoughts of lean manufacturing
	- How to avoid the nine types of waste during production
	- How to benefit from the two different lean manufacturing systems of Europe and America
	- Major methods and tools to reduce manufacturing cost
	- Analysis of value flow charts
	- Control on field materials, labor and manufacture overheads
	Supply chain cost control and improvement
	- Procurement cost control and improvement
	- Stocking cost control and improvement
	- Logistics cost control and improvement
	Technology cost control and improvement
	- Value project analysis
	- Production cycle cost
	- Standardization and manufacturability
	Quality cost control and improvement
	- Accurate quality cost concepts
	- Eliminate damage cost
	- Continuous improvement on Six Sigma
	Labor force cost control and improvement
	- Saturation analysis of productive staff
	- Cost control on non productive staff
	- Human resources and its cost planning