Brochure Strategic cost management
5
BRING A STRATEGIC DIMENSION TO MANAGING YOUR COSTS STRATEGIC COST MANAGEMENT You would like to keep costs down? If so, you must keep yourself also in check. In this programme we share with you the most recent developments in cost control and cost management. We tackle concepts such as Activity Based Costing, Total Cost of Ownership and Customer Profitability. And we analyse: How do you apply those concepts in the day-to-day operation of your business, and which instruments and techniques are efficient and feasible in this context? FOR WHOM? • As a financial expert, you seek to gain in-depth knowledge of cost management. • You are an accountant, controller, financial manager, production manager or management consultant. ADDED VALUE FOR YOU AND YOUR COMPANY • You will be confident and comfortable in applying Activity Based Costing (ABC). • You will know everything on Time-Driven Activity Based Costing, the latest off-shoot of ABC. • You will be able to analyse and assess the profitability of products, customers and markets by way of the eory of Constraints, Customer Profitability and Total Cost of Ownership. Our inspiring campuses
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Transcript of Brochure Strategic cost management
Bring a strategic dimension to managing your costs
strategic cost management
You would like to keep costs down? If so, you must keep yourself also in check. In this programme we share with you the most recent developments in cost control and cost management.
We tackle concepts such as Activity Based Costing, Total Cost of Ownership and Customer Profitability.
And we analyse: How do you apply those concepts in the day-to-day operation of your business, and which instruments and techniques are efficient and feasible in this context?
For whom?
• Asafinancialexpert,youseektogainin-depthknowledgeof cost management.
• Youareanaccountant,controller,financialmanager,production manager or management consultant.
added value For you and your company
• YouwillbeconfidentandcomfortableinapplyingActivity Based Costing (ABC).
• YouwillknoweverythingonTime-DrivenActivityBasedCosting, the latest off-shoot of ABC.
• Youwillbeabletoanalyseandassesstheprofitabilityofproducts, customers and markets by way of the Theory of Constraints, Customer Profitability and Total Cost of Ownership.
Our inspiring campuses
www.vlerick.com/cost-management
apply now!
Please see Practical Info on the following page, or visit:
uw keynote sprekers
• Prof Filip Roodhooft teaches Accounting & Control. As Research Deanheiscloselyinvolvedwithmanyresearch projects. In addition he specialises in Management Accounting and Total Cost of Ownership.
• Prof Regine Slagmulder is professor of Accounting & Control. Her courses and research revolve around the links between Performance Management systems and corporate strategies, and topics like Strategic Cost Management, Performance Management and Balanced Scorecard.
practical inFo
Dates and venues4 daysLeuven Campus: 16, 17, 23, 24 May 2013
LanguageEnglish
Fee€ 3,095 (excl. 21% VAT)
programme design
You are provided with a strong mix of skills: the latest techniques, lectures by management practitioners and case studies from a variety of sectors.
And there is more: the exercises provided enable you to fully master the ABC technique. Our guest speakers always keep their finger on the pulse in the field of cost management and the application of ABC systems in top companies.
module 1: introduction to strategic cost management
• In-depthreviewofprovenandemergingtechniquesforstrategiccostmanagement
• TheartofActivityBasedCosting(ABC)• Assessingindetailtherealcostofeveryitemproducedoranyservice
delivered through ABC as an advanced Management Accounting System• SpeciallecturebyaninvitedpractitioneronimplementingABC
module 2: customer proFitaBility analysis
• Analysisandassessmentoftheprofitabilityofproducts,customersandmarkets, based on cost information
• Identificationofwhichcostsaregeneratedbywhichcustomers,withaviewtoimproving and optimising profitability, using Customer Profitability Analysis
• SettingandreachingcostobjectivesinvariousproductdesignstagesthroughTarget Costing
module 3: time-driven activity Based costing
• Time-DrivenActivityBasedCosting,thelatesttakeonABC:thetechnique,its advantages and drawbacks, real-life examples, etc.
• TheoryofConstraints:thefamousmethodformaximisingoperationalincome under constraints in the chain of production
• PracticalapplicationsoftheTheoryofConstraints
module 4: total cost oF ownership
• Analysisandevaluationofprimecostcomponentsofproductsorservicespurchased, leveraging the concept of Total Cost of Ownership (TCO)
• Fulltransparencyofthetotalprimecostofproductsandservicespurchased,and control over your purchasing process
• Mappingofallthevisibleandhiddencostsofproductsandservicesthroughtheir entire life cycles
• DevelopmentandimplementationofaTCOmodel
practical inFo
registration
Action! Register online.
Questions? Please contact:Vincent BaguéGroup Product ManagerT: + 32 9 210 97 81F:[email protected] 19000 Ghent, Belgium
your certiFicate
If you take part in one of our programmes, you are entitled to a certificate from Vlerick Business School.
If you successfully complete an Executive Master Class, you can join the Vlerick Alumni Network, a worldwide network of over 16,000 alumni in more than 100 countries.
cancellation
Consult our cancellation conditions at: www.vlerick.com/conditions
our team is here For you
online registration: quick & easy!
Register online via:
www.vlerick.com/ accounting-Finance
Financial BeneFits For you?
• 10%discountforpayingmembersofVlerickAlumni• SMEportfolio:subsidiesforFlemishSMEs.• VlerickSocialProfitGrantsfororganisationsactivein
the social profit sector.
You’ll find more info at: www.vlerick.com/benefits
RianDeBruyckerProgramme AdvisorT: + 32 9 210 98 [email protected]
Vincent BaguéGroup Product ManagerT: + 32 9 210 97 [email protected]
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