/  Improving Productivity through Quality and Cost Reduction
All courses in New York have been cancelled .
BMC Training provides on 7 Jun 2020 Improving Productivity through Quality and Cost Reduction course [Quality and Productivity] in New York,United States

Objectives

  • Identify ways and means to improve organizational and/or departmental productivity in order to increase profits and/or 
  • decrease/eliminate costs or losses.
  • Apply several cost reduction strategies in order to meet changing global, statutory and market conditions.
  • Identify business processes in need for 
  • reevaluating and/or reengineering.
  • Recognize and apply quality improvement techniques in order to improve productivity.

Content

Productivity Defined

  • Definitions
  • Process-Based View
  • Productivity Limitations
  • The MUDA Factor
  • Eight Types of Waste
  • Cost of Poor Quality

Principles of Cost Reduction:
The Quality Approach

  • Quality Defined
  • Avoiding Wastage and Adding Value to the Customer 
  • (Cost Reduction Strategies)
  • Cornerstones of Quality
  • Setting Up a Cost Reduction Program
  • Cost Savings Project Selection Roadmap
  • Barriers to Cost Reduction Programs
  • The Resistance Psychology in Humans
  • The Role of Suggestion Schemes

Productivity Improvement Tools

  • Tool Selection
  • Brainstorming
  • Pareto
  • How-How Method 
  • Why-Why Method
  • Ishikawa Fish-Bone Diagram
  • Six Sigma
  • Lean Principles
  • Non-Value Added Analysis
  • Reengineering
  • The Focus Method

Cost Reduction Opportunities

  • Streamlining the Organization
  • The “ESSA”  Method
  • Savings in Material Costs
  • Reducing the Costs of Services
  • 140 Ideas to Cut Costs

Measuring your Productivity Initiatives

  • Key Performance Indicators 
  • Setting Targets for Cost Reduction
  • Benchmarking
  • Types of Benchmarking
  • The Balanced Scorecard
  • The Dashboard



Related Training Courses

, -
Course Details
  • Code QAP6
  • TIME    08:00 AM - 11:15 AM
  • DATE    Jun 7 2020 - Jun 11 2020
  • New York , Marriott International
  • +44 2087206971
  • Support@bmc.net

Fees Per Person

7500 GBP + VAT
Other Dates

Courses Search

Recent Posts

Connect with us

IFRS Preparation. (5 Days)Available in London - Dubai - Istanbul - Kuala Lumpur

Join our Civil and Construction Engineering Training Courses , Electrical and Power Engineering Training Courses and Facilities Management Training

Technical Training Courses

Newsletter