Webcast: Cost Reduction Strategies

Today's business environment is more competitive than it was a few decades ago. The pace of innovation is accelerating, and customers expect ever-higher standards of performance. While these changes have generally benefitted the consumer by providing greater choice, lower prices and more convenience, they also pose enormous challenges to many businesses.  This course will teach you a new approach to cost reduction and will highlight the limitations of traditional thinking. Participants will be guided through key areas, such as resource planning, activity management, product design and overall system design. Aditionally, you'll learn how suppliers and customers can be part of the overall strategy to reduce costs and how they can see the results of successfully implementing cost reduction strategies.