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
- Start a chat with the online course adviser or complete the application form
- Application will be reviewed by programme committee
- Application acceptance will be communicated by programme committee
- Pay the programme fee after receiving acceptance from the committee
- 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: | 8th May – 10th May 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: | 8th May – 10th May 2024 | 3 Days: Wed – Fri | 8:30am – 3pm |
| Weekend Date: | Contact Us For Next Schedule |
| Location: | Microsoft Teams | Zoom |
Anthony Ani
“Relocating to Canada was the most challenging decision I and my family had to make, the uncertainties of a new country. I was determined that I won't risk everything to start earning minimum wage. I took my PMP training with Piston & Fusion, earned my certification at the first attempt, and to be honest it has elevated my career trajectory”
Gabriel Eluke (Human Resources/Admin) | Netcom Africa Limited
"I became a professional Human Resource personnel after my training with piston and Fusion. It brought a great turn around to my career and remains one of the best decisions I ever took. "
Okhueleigbe Usifo (Construction safety officer/ OFA) | Beedie Construction Canada
"The firm I worked with in Abuja had not paid salaries for 5 months, I decided to leave the country, and left for Dubai. I applied for a safety officer vacancy, out of 15 applicants I was the only person that was selected with HSE level 1, 2 and 3 certificate. I thought getting a job here would be difficult but my certificate helped me."
Uju Edinbus | Perform Group (Goal.com)
"I wanted to change my job, I needed something to give me the advantage to switch jobs. My friend advised I take a digital marketing course, after the training I started prospecting jobs, I got a call for my first interview, at the interview I was grilled extensively on my credentials, thanks to my digital marketing knowledge I got what I will describe as my dream job."
Mojisola Mosuro PMP | ExxonMobil
“As a fresh graduate I knew getting a good job would be a challenge. I researched online for a professional course to boost my CV, and I found P&F Project Management course. I completed the course. I have since changed jobs 3 times. Project Management. was the best Decision I made.”
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
People who enrolled for this course, also enrolled for the following courses
| Credit Risk Analysis | Financial Modelling & Forecasting Using Excel |
| Tax Planning & Corporate Compliance | Treasury & Fund Management |
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