The Concept of Strategic Cost Management (TCS-I-01)

TCS-I Foundations


Description

Element of our Foundations course which introduces students to the Strategic Cost Management Concept. To get the Foundations course: select a bundle in our course catalog, then click above on the button "Get all for $xxx". You will get one year unlimited access to the course and all supporting content.

'Foundations' course objectives:
• To be introduced to and understand the concept of Strategic Cost Management
• To obtain a Cost Management Roadmap to assess the current level of cost management performed on any category of spend/cost, and the next steps to take on the journey to manage costs
• To obtain, understand and apply a set of price analysis tools
• To distinguish between price analysis and cost analysis
• To gain knowledge of the cost analysis tools available and learn the important cost definitions and terminology
• To prepare the student for the Cost Modelling course

Content
  • Cost Competitiveness
  • Four Ways To Improve The Bottom Line
  • What Is Strategic Cost Management
  • Different Perspectives on Cost
  • Managing Costs Goes Beyond Cutting Costs
  • John Ruskin's Advice
  • Review of this module
Completion rules
  • All units must be completed