Cost Control Management

Catalog description

This course deals with the control of the various costs associated with running a business. The course is broken down into three phases: comparing a company's costs to the industry average, finding out why a company's costs are higher than the industry average and implementing approaches to reduce a company's costs. Specific topics include: Materials Management Challenges, Benchmarking, Inventory Control and Management, Production Processes, Lean Manufacturing and Waste in Manufacturing.