Business Cost Management, Procurement & Tendering
Business Cost Management, Procurement & Tendering, available at $44.99, has an average rating of 4.4, with 35 lectures, 5 quizzes, based on 88 reviews, and has 248 subscribers.
You will learn about What 'cost' in a business or organisation is and how to manage it How to reduce costs using a structured methodology The principles of good ongoing cost management What procurement is and how it can help your business How to run a basic tender process which will deliver lower costs Strategies for reducing costs and ideas of which costs to cut This course is ideal for individuals who are Business managers who want to reduce and manage costs in their organisation or Anyone who is responsible for expenditure and would like to be able to control it better or Team leaders, supervisors and managers who wish to develop their management skills or Owners and directors of small and medium businesses who want to cut and manage their costs or Suitable for non-profit and public sector organisations as well as commercial businesses It is particularly useful for Business managers who want to reduce and manage costs in their organisation or Anyone who is responsible for expenditure and would like to be able to control it better or Team leaders, supervisors and managers who wish to develop their management skills or Owners and directors of small and medium businesses who want to cut and manage their costs or Suitable for non-profit and public sector organisations as well as commercial businesses.
Enroll now: Business Cost Management, Procurement & Tendering
Summary
Title: Business Cost Management, Procurement & Tendering
Price: $44.99
Average Rating: 4.4
Number of Lectures: 35
Number of Quizzes: 5
Number of Published Lectures: 35
Number of Published Quizzes: 5
Number of Curriculum Items: 40
Number of Published Curriculum Objects: 40
Original Price: £84.99
Quality Status: approved
Status: Live
What You Will Learn
- What 'cost' in a business or organisation is and how to manage it
- How to reduce costs using a structured methodology
- The principles of good ongoing cost management
- What procurement is and how it can help your business
- How to run a basic tender process which will deliver lower costs
- Strategies for reducing costs and ideas of which costs to cut
Who Should Attend
- Business managers who want to reduce and manage costs in their organisation
- Anyone who is responsible for expenditure and would like to be able to control it better
- Team leaders, supervisors and managers who wish to develop their management skills
- Owners and directors of small and medium businesses who want to cut and manage their costs
- Suitable for non-profit and public sector organisations as well as commercial businesses
Target Audiences
- Business managers who want to reduce and manage costs in their organisation
- Anyone who is responsible for expenditure and would like to be able to control it better
- Team leaders, supervisors and managers who wish to develop their management skills
- Owners and directors of small and medium businesses who want to cut and manage their costs
- Suitable for non-profit and public sector organisations as well as commercial businesses
A course which provides a structure for management of costs in a business or organisation. It includes the tools and techniques needed for setting up a basic procurement approach and a process to run tenders to achieve low ongoing costs.
Based on the proven Cost Reduction Method, this step by step guide will ensure that effective cost management becomes a day-to-day activity.
The course starts with an introduction to cost reduction and provides a methodology to reduce costs in a business or organisation. This will help you quickly get started and deliver some benefits to your business.
The wider subject of cost management is then covered including the ‘softer’ side such as leadership and culture. You will learn how company policy and processes can inadvertently lead to higher costs. This holistic approach to managing costs has been proven to deliver lower costs in businesses and organisations.
The course then covers procurement, explaining what benefits a basic approach can bring and highlighting the skills needed.
Finally, you will learn an easy to understand process for running a tender. This will enable you to deliver lower costs in your business by leveraging a competitive approach.
The course is designed to be easy to understand and delivers a lot of learning in a short compact format. It seeks to make best use of your time so that you can get on and deliver the benefits to your business.
After this course, you will be able to deliver ongoing low costs in your business or organisation. The tools, techniques and resources can be used time and time again throughout your career. The templates are all consultancy quality and are worth the cost of the course on their own!
Tim Lawson is a hugely experienced consultant and international speaker. He has been delivering and teaching Cost Reduction and Cost Management to businesses and organisations for over 20 years.
Tim has a knowledgeable and practical teaching style which is based on many years of actual delivery of projects in businesses across various industries.
Summary of Contents
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What is ‘cost reduction’?
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Using the Cost Reduction Method
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Why are costs so high?
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Cost reduction strategies
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Cost management overview
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The impact of leadership and culture
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Management of costs through policy and process
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Procurement
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Tendering
This course comes with a 30 day money back guarantee
Course Curriculum
Chapter 1: Introduction & Cost Reduction
Lecture 1: Introduction & Course Overview
Lecture 2: What is Cost Reduction?
Lecture 3: Sources of Cost
Lecture 4: Why are costs so high?
Lecture 5: Why use a methodology?
Lecture 6: Overview of the Cost Reduction Method
Lecture 7: Achieving success using the Method
Lecture 8: Action planning: Cost Reduction Method
Lecture 9: Cost Reduction strategies
Lecture 10: Real examples of cost reduction strategies
Lecture 11: Action planning: Strategies for Cost Reduction
Lecture 12: Reading: Reducing Business Costs
Chapter 2: Cost Management
Lecture 1: Cost Management
Lecture 2: Action planning: Cost Management
Lecture 3: Impact of Leadership & Culture – Part 1 Leadership
Lecture 4: Impact of Leadership & Culture – Part 2 Culture
Lecture 5: Impact of Leadership & Culture – Part 3 Case Studies
Lecture 6: Action planning: Leadership & Culture
Lecture 7: Policy & Processes impact on Costs – Part 1 Policy
Lecture 8: Policy & Processes impact on Costs – Part 2 Processes
Lecture 9: Action planning: Policy & Processes
Chapter 3: Procurement
Lecture 1: What is Procurement?
Lecture 2: Procurement principles
Lecture 3: Category Management
Lecture 4: Skills needed for Procurement
Lecture 5: Action planning: Procurement
Chapter 4: Tendering
Lecture 1: What is a Tender?
Lecture 2: The tender process
Lecture 3: Using an RFQ or RFI
Lecture 4: Tender responses
Lecture 5: Negotiation & award
Lecture 6: Action planning: Tendering
Chapter 5: Review & Summary
Lecture 1: Course Review & Summary
Lecture 2: Tools and techniques
Lecture 3: Final Lecture
Instructors
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Tim Lawson
Business Coach & Trainer
Rating Distribution
- 1 stars: 3 votes
- 2 stars: 4 votes
- 3 stars: 9 votes
- 4 stars: 25 votes
- 5 stars: 47 votes
Frequently Asked Questions
How long do I have access to the course materials?
You can view and review the lecture materials indefinitely, like an on-demand channel.
Can I take my courses with me wherever I go?
Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!
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