Implementing Logistics Cost Reduction Strategies

Implementing Logistics Cost Reduction Strategies


Objectives
This learning intervention therefore seeks to provide competency based learning for staff in various facets of supply chain elements that are critical to the bottom line. This intervention may be seen as a contribution to the achieving of overall strategic intent and profitability of the company by addressing factors such as the following:
  • The baseline for cost analysis must be aligned to current forecast revenues
  • An understanding of the true profitability of each business is essential
  • The cost focus must be enterprise wide
  • Total cost management
  • A well-organized end-to-end program.
  • Consistent investment in cost control is required
  • The tone at the top.

Outline

  • Cost Accounting to Total Cost Management
  • Activity Based Costing and Target Costing
  • Managing process, product development and manufacturing costs
  • Managing Cost of Quality
  • Managing delivery and branding costs
  • Managing administrative and finance costs
  • Building cost-effective human resource plan
  • ERP as a tool for cost reduction
  • The application of the Activity Based Costing in logistics
  • Logistics and the ABC process
  • Possible trade-offs identification
  • The application of ABC in the supply chain

Seminar Details

  • Dates :April 24th - 26th
  • Fee :₦150,000.00
  • Location :Lagos, Nigeria