Cost Reduction Tips - How To Cut Costs And Maximize Profits
https://www.linkedin.com/learning/cost-reduction-tips-how-to-cut-costs-and-maximize-profits/
https://www.linkedin.com/learning/cost-reduction-tips-how-to-cut-costs-and-maximize-profits/are-your-customers-a-cost
Introduction
1. What to Reduce
What to reduce: Introduction(Viewed)
39s video
Identify your main areas(Viewed)
1m 27s video
Pareto: Where does all your money go?(In progress)
3m 10s video
Comparing cost vs. income
3m 22s video
Are your customers a cost?
7m 5s video
Wrap up
16s video
Chapter Quiz
5 questions
2. Reducing Labor Costs
Bad time management
4m 26s video
The cost of low morale
5m 55s video
Bureaucracy and how to reduce it
8m 27s video
Only have brilliant meetings
5m 10s video
Effective uses of management time
5m 3s video
Utilization of people
2m 50s video
The true cost of staff turnover
5m 47s video
How to choose who to fire
4m video
Better alternatives to firing
4m 4s video
Reorganisation: Good or bad?
2m 26s video
Wrap up
53s video
Chapter Quiz
8 questions
3. Costs Other Than People
Costs other than people: Introduction
18s video
Stock: The hidden curse
3m 31s video
Central purchasing department analysis
6m 28s video
Are subcontractors a hidden money pit?
6m 12s video
What is your optimum quality?
10m 13s video
Effectively managing queues
4m 37s video
Bottlenecks
4m 50s video
Poor utilization of assets
2m 51s video
The real cost of bad IT
7m 34s video
The small stuff
2m 31s video
Get value from marketing
4m 39s video
A lack of investment can be costly
3m 20s video
Your company culture
3m 17s video
Wrap up
51s video
Chapter Quiz
10 questions
4. Top 10 Tips
Top 10 tips: Introduction
15s video
Top 10 things to measure
7m 22s video
Top 10 action to take
3m 55s video
Chapter Quiz
2 questions
Conclusion
Cost Reduction Tips - How To Cut Costs And Maximize Profits
Pareto: Where does all your money go?
Instructor
Chris Croft
Lecturer, Thought Leader, Project Management, Leadership
Course details
2h 19m
Beginner
Released: 7/16/2019
Cost reduction is about making more out of less. By cutting some of its most significant sources of waste and overspending, a company can increase its earnings—all without generating any growth in sales. In this course, instructor Chris Croft conducts a detailed tour of some of the best ways to . Discover how to identify your most profitable customers (and which ones are actually costing you money). Learn how to cultivate a work environment that energizes employees and boosts their efficiency. Plus, explore techniques for handling costs that are unrelated to people, including how to more effectively manage inventory and spot ways to enhance your IT systems.
Learning objectives
Different cost areas affecting your business
Comparing cost vs. income
Enhancing your work environment
Focusing on the most important management tasks
Getting better deals on raw materials and labor
Recognizing your optimum quality level
The hidden costs of subcontracting
Where to avoid cutting costs
Top ten cost-cutting actions to take
Skills covered
Cost Control
45,192 people started learning
No comments:
Post a Comment