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Cost Reduction, Control and Revenue Management

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  • Description
  • Curriculum

Cost Reduction, Control and Revenue Management

Cost Reduction, Control and Revenue Management Course Overview

With this course you will be able to identify the balanced, and practical strategies for controlling costs that are being targeted and used nationwide by thousands of companies. This course describes the emerging field of revenue management and its applications across a broad spectrum of business activities. The course will addresses the analytical tools needed to integrate revenue management into management, in general. We also help participants looking to enhance their resume to enroll with industry associations such as the National Association of Credit Managers that provide membership affiliations.

Who Should Attend

  • Experienced individuals who manage cost reduction and control activities in diverse fields
  • Working professionals seeking to change career, job or industry to finance related field
  • Individuals who meets the requirements and intend on starting a career in finance
  • Mid to senior-level executives in any sector

Introduction to Cost Reduction, Control, and Revenue Management

Overview of cost reduction, control, and revenue management principles

Importance of financial management in business operations

Analyzing the impact of cost reduction and revenue optimization on profitability

Cost Analysis and Identification of Cost Drivers

Understanding cost structures and cost drivers

Conducting cost analysis and identifying cost-saving opportunities

Cost reduction strategies and techniques

Cost Reduction Initiatives and Implementation

Developing cost reduction initiatives and action plans

Implementing cost reduction strategies across different business functions

Monitoring and evaluating the effectiveness of cost-reduction measures

Cost Control Tools and Techniques

Cost control mechanisms and methodologies

Budgeting and variance analysis for cost control

Implementing cost control measures using financial management software

Introduction to Cost Reduction, Control, and Revenue Management

Overview of cost reduction, control, and revenue management principles

Importance of financial management in business operations

Analyzing the impact of cost reduction and revenue optimization on profitability

Revenue Optimization Strategies

Analyzing revenue streams and identifying growth opportunities

Pricing strategies for maximizing revenue and profitability

Revenue optimization techniques for different industries and markets

Pricing Models and Strategies

Understanding pricing models and methodologies

Developing pricing strategies based on market dynamics and competition

Pricing optimization techniques and dynamic pricing strategies

Inventory Management and Procurement Optimization

Inventory management strategies for reducing costs and improving efficiency

Optimizing procurement processes to minimize costs and risks

Supplier relationship management for cost savings and value creation

Leveraging Technology for Cost Reduction and Revenue Management

Role of technology in cost reduction, control, and revenue management

Implementing cost management and revenue optimization software solutions

Automation and digitization of financial processes for efficiency and accuracy

Performance Measurement and Metrics

Key performance indicators (KPIs) for cost reduction, control, and revenue management

Developing financial performance metrics and benchmarks

Performance measurement and reporting for informed decision-making

Leveraging Technology for Cost Reduction and Revenue Management

Role of technology in cost reduction, control, and revenue management

Implementing cost management and revenue optimization software solutions

Automation and digitization of financial processes for efficiency and accuracy

Creating a Cost Reduction, Control, and Revenue Management Plan

Integrating cost reduction, control, and revenue management strategies into a comprehensive
plan

Setting goals, objectives, and timelines for implementation

Developing a roadmap for continuous improvement and sustainability

Adesanya Oluwaseyi

Adesanya Oluwaseyi Adekunle is a graduate of Accounting from prestigious Lagos State University. He also has his Master in Business Administration (MBA Executive) from Obafemi Awolowo University, Ile Ife in 2017. He is an Associate member of the Institute of Chartered Accountant of Nigeria and also an Associate Member Chartered Institute of Taxation of Nigeria (ACTI), with 14+ years of exceptional track record in financial analysis, accounting, auditing and Taxation, seeking a challenging opportunities and proffering solutions to identified challenges.
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Participants enrolling for this programme will be required to have basic computing skills. Participants who meet the programme requirement should pay the course fee and complete the enrollment form 2 weeks before the programme kick off date.

Prospective applicants who do not meet the programme requirement but wants to join the programme should should follow the process detailed below.

Application Process

  1. Start a chat with the online course adviser or complete the application form
  2. Application will be reviewed by programme committee
  3. Application acceptance will be communicated by programme committee
  4. Pay the programme fee after receiving acceptance from the committee
  5. Check your mail for programme schedule and payment confirmation


    Cost Reduction, Control & Revenue Management Course Fees

    Standard
    ₦100,000
    Standard Plus
    ₦120,000
    Professional
    ₦130,000
    Professional Plus
    ₦170,000
    Standard
    ₦100,000
    Training Delivery
    Virtual
    Duration
    Weekday: 2 Days
    Weekend: 2 Days
    Manual & Cases
    (PDF)
    Templates & Exam Guide
    (PDF)
    Training Certificate
    (PDF)
    Project
    with final grading
    Refreshment
    x
    x
    Perks
    x
    x
    Additional Services
    CV Development |
    LinkedIn Optimization
    Available at N5000
    Standard Plus
    ₦120,000
    Training Delivery
    Virtual
    Duration
    Weekday: 2 Days
    Weekend: 2 Days
    Manual & Cases
    (PDF)
    Templates & Exam Guide
    (PDF)
    Training Certificate
    (PDF)
    Project
    with final grading
    Refreshment
    x
    x
    Perks
    x
    x
    Additional Services
    Exam Application
    Job Alerts
    CV Development |
    LinkedIn Optimization
    1 Package Included
    Professional
    ₦130,000
    Training Delivery
    Classroom
    Duration
    Weekday: 2 Days
    Weekend: 2 Days
    Manual & Cases
    Flash Drive (PDF)
    Templates & Exam Guide
    Flash Drive (PDF)
    Training Certificate
    Hard Copy
    Project
    with final grading
    Refreshment
    Tea Break
    Lite Lunch
    Perks
    x
    Notepad & Pen
    Additional Services
    Exam Application
    Job Alerts
    CV Development |
    LinkedIn Optimization
    1 Package Included
    Professional Plus
    ₦170,000
    Training Delivery
    Classroom
    Duration
    Weekday: 2 Days
    Weekend: 2 Days
    Manual & Cases
    Hard copy & PDF
    Templates & Exam Guide
    Flash Drive (PDF)
    Training Certificate
    Hard copy & PDF
    Project
    Review & grading
    Refreshment
    Maxi Breakfast
    Maxi Lunch
    Perks
    Back Pack
    Notepad & Pen
    Additional Services
    Exam Application
    Job Alerts
    CV Development |
    LinkedIn Optimization
    Both Package Included

    Cost Reduction, Control and Revenue Management Course Dates for  Upcoming Classroom Classes In 2024

    Piston and Fusion offer the Course as Classroom in Lagos and Virtual Online Class in other states in Nigeria. See dates and fees for classroom and virtual online class.

    Programme Information

    Course Objective: The Programme focus is to impart the skills to manage cost reduction and control processes and use of cost reduction and control tools
    Classroom
    Weekday Date: 6th Nov – 8th Nov 2024 | 3 Days: Wed – Fri | 8:30am – 4pm
    Weekend Date: Contact Us For Next Schedule
    Location: 122a Obadina Street, Omole Phase 1 Ikeja Lagos
    Virtual Class
    Weekday Date: 6th Nov – 8th Nov 2024 | 3 Days: Wed – Fri | 8:30am – 3pm
    Weekend Date: Contact Us For Next Schedule
    Location: Microsoft Teams | Zoom

    Why Piston & Fusion Ranked Amongst the Best Business Institute In Nigeria?

    • We have trained 6000+ professionals
    • We have over 10 years industry experience
    • Our facilitators are experienced and certified
    • We offer post training career advice and support
    Piston & Fusion