Cost Optimization Course
Gain expertise in cost optimisation for finance professionals: construct reliable cost models, scrutinise operational KPIs, detect waste, and create effective 3-6 month action plans that safeguard quality while enhancing margins, cash flow, and profitability across various product lines. This comprehensive programme ensures sustainable financial improvements through targeted strategies and measurable outcomes.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
This course equips you with practical tools to develop strong cost models, accurately distribute overheads, and convert reports into straightforward product-line profit and loss statements. You will learn to evaluate key performance indicators, identify inefficiencies, establish achievable reduction goals, and assess effects on margins. By the end, you will have a solid 3-6 month action plan, governance framework, and easy KPIs to monitor and maintain real savings.
Elevify advantages
Develop skills
- Develop cost models by allocating direct, indirect, and overhead costs across product lines.
- Rapidly analyse KPIs to uncover cost drivers in labour, logistics, inventory, and overheads.
- Quantify waste through calculations of scrap, rework, overtime, and surplus inventory effects.
- Establish intelligent savings targets by modelling scenarios and their margin implications clearly.
- Transform insights into practical actions with a 3-6 month cost reduction plan including owners, KPIs, and governance.
Suggested summary
Before starting, you can change the chapters and workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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