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Cost Reduction: Cut Costs and Maximise Profits
Cost Reduction - identify costs in your business that can be cut without negatively affecting your quality or customers. Maximise profits and motivate your workforce. Would you like to double your profits? To do that could you sell twice as much, or manufacture twice as much? Could your company grow to twice the size it is now within the same market? Well, guess what - you don't need to! By cutting your costs by just a small amount you could double your profits without needing a single new customer and without making a single extra product. You won't need to hire more people, enter new markets, or get new premises - just focus on being more effective with what you already have.
Cost Reduction training can make all of your business goals come true, and it could easily double your profits… or 5x it in the experience of some of my clients! In this course you'll learn practical techniques to identify wasted money in your company, detailed tips for analyzing the effectiveness of your biggest costs, understand why you should increase your prices or reduce your quality, learn which of your customers are costing you money, and dealing with common problems of management and motivation.
After this course, your company will be lean, have highly profitable customers, and every part of the supply chain will contribute more effectively. In fact - you'll most likely be dealing with the most profit you’ve ever known! We look at lots of real-life cost reduction examples (some of which will get you laughing) and give you practical tools you can use right away to get better results in your organization. Whether you're a small family business or a huge multinational this course will build essential skills for your long-term growth and short-term effectiveness.
In my opinion, Cost Reduction is one of the most powerful and underestimated leadership and project management areas. Most companies focus entirely on selling and forget that there are millions of dollars left on the factory floor through inefficiencies and misunderstandings. So, I have created a step-by-step course you can use to analyze your business and cut out all the waste. Rest assured - you need not make your employees or customers unhappy using these techniques… most likely both will end up better off.
Imagine if you only needed to work with your favorite customers, all your employees were highly motivated, and you could produce twice as much product at the same quality level. This course achieves that with simple, tried, and tested ideas that have been working for decades.
Chris Croft is an international speaker, and widely published author, who's been teaching Cost Reduction to companies for over 20 years. He's taught all over the world, as well as online, and has an entertaining and practical teaching style. This course is guaranteed to keep you engaged and amused and teach you life-changing skills for home and work.
The course overview includes:
And lots lots more!
By becoming great at Cost Reduction, not only will you benefit from happier and easier customers, but you'll also have made your company thousands in new savings and healthier margins!
