Managing and Reducing Costs by Shaping Your Demand

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CRFT Productions and Martin John

51:30

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1. Welcome

001. What's in this course.mp4

01:45

2. Enablers for Managing and Reducing Costs

002. Understanding procurement and cost reduction.mp4

02:17

003. Cost reduction foundations Must-haves.mp4

03:18

004. Cost reduction foundations Nice-to-haves.mp4

03:36

005. How to start and understanding addressable spend.mp4

02:25

3. The Eight Demand-Side Levers

006. What are demand-side levers.mp4

00:39

007. Demand reduction to reduce costs.mp4

03:40

008. Value engineering for cost reduction.mp4

02:58

009. Value analysis for cost reduction.mp4

03:13

010. Should-cost modeling for cost reduction.mp4

03:50

011. Using specification management to control your costs.mp4

03:34

012. Utilizing demand aggregation to reduce costs.mp4

03:25

013. Optimize your order quantity to reduce costs.mp4

03:19

014. How to make savings from demand forecasting.mp4

04:00

4. Sustaining Your Activity

015. Savings methodology and tracking.mp4

01:52

016. Cost reduction tips and pitfalls.mp4

02:20

017. How to handle price increases.mp4

04:21

5. Conclusion

018. Keep reducing internal costs using demand-side levers.mp4

00:58

Description

If you own or manage a business, there’s so much you have to keep in check. From balance sheets and overhead to product procurement, demand, and delivery, you’re responsible for ensuring growth and profitability while also finding ways to cut costs. But what’s the secret to effectively reducing your costs? You need to start shaping your demand.

In this course, join instructor Martin John as he explores practical, real-world business management strategies to reduce costs for your business. Get an overview of procurement, cost reduction, and how to make sense of addressable spends. Discover the eight most important demand-side levers and how to use them to your advantage, including demand reduction, value engineering, value analysis, should-cost modeling, specification management, demand aggregation, order quantity optimization, and demand forecasting. Along the way, get tips on how to avoid common pitfalls, even during challenging economic times.

This course was created by Martin John and CRFT Productions. We are pleased to host this training in our library.

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Cost Accounting

CRFT Productions and Martin John

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LinkedIn Learning is an American online learning provider. It provides video courses taught by industry experts in software, creative, and business skills. It is a subsidiary of LinkedIn. All the courses on LinkedIn fall into four categories: Business, Creative, Technology and Certifications. It was founded in 1995 by Lynda Weinman as Lynda.com before being acquired by LinkedIn in 2015. Microsoft acquired LinkedIn in December 2016.