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Improving Productivity through Quality and Cost Reduction Course

Improve productivity through quality and cost reduction strategies. Join this course to learn techniques for enhancing operational efficiency. Skilllinx Training offers Improving Productivity through Quality and Cost Reduction Course in Quality and Productivity Courses.

1 Week All levels

Course Syllabus

Objectives

  • Identify ways and means to improve organizational and/or departmental productivity in order to increase profits and/or 
  • decrease/eliminate costs or losses.
  • Apply several cost reduction strategies in order to meet changing global, statutory and market conditions.
  • Identify business processes in need for 
  • reevaluating and/or reengineering.
  • Recognize and apply quality improvement techniques in order to improve productivity.

Content

Productivity Defined

  • Definitions
  • Process-Based View
  • Productivity Limitations
  • The MUDA Factor
  • Eight Types of Waste
  • Cost of Poor Quality

Principles of Cost Reduction:
The Quality Approach

  • Quality Defined
  • Avoiding Wastage and Adding Value to the Customer 
  • (Cost Reduction Strategies)
  • Cornerstones of Quality
  • Setting Up a Cost Reduction Program
  • Cost Savings Project Selection Roadmap
  • Barriers to Cost Reduction Programs
  • The Resistance Psychology in Humans
  • The Role of Suggestion Schemes

Productivity Improvement Tools

  • Tool Selection
  • Brainstorming
  • Pareto
  • How-How Method 
  • Why-Why Method
  • Ishikawa Fish-Bone Diagram
  • Six Sigma
  • Lean Principles
  • Non-Value Added Analysis
  • Reengineering
  • The Focus Method

Cost Reduction Opportunities

  • Streamlining the Organization
  • The “ESSA”  Method
  • Savings in Material Costs
  • Reducing the Costs of Services
  • 140 Ideas to Cut Costs

Measuring your Productivity Initiatives

  • Key Performance Indicators 
  • Setting Targets for Cost Reduction
  • Benchmarking
  • Types of Benchmarking
  • The Balanced Scorecard
  • The Dashboard

Categories

Finance , Accounting and Budgeting Management and Leadership Human Resource Management Project , Procurement and Contracts Electrical and Power Engineering Training Secretarial and Administration PR , Customer Services , Sales and Marketing Quality and Productivity Maintenance Engineering Training Oil and Gas Training Construction and Civil Engineering Training Facilities Management Training Safety Training