Profit Enhancement Methodologies for Manufacturing sector
Context Setting
Profits,
the very purpose of conducting a business is often jeopardized by external and
internal factors. A poor quarter or a bad half can soon turn into an
existential crisis and may lead to eventual closure. To avoid such an ill fate,
businesses must constantly evolve, change and find ways to improve their
profits amidst the existing cost rises and uncertainties
Objective
This
training aims at sharing the methodologies ways by which enterprises can
improve their financial performance continuously, focusing internally.
CONTENTS
- Introduction to
Profits
- Methods to Reduce consumption
of Cost elements & Eliminate Statistical fluctuation Constraints
- Factors that improve the yield
- Techniques to implement changes
Key Takeaways
- Unlearn
the generally practiced methods of cost reduction by knowing their limitations
and repercussions.
- Understand the systematic and scientific
method which gives permanent and effective cost reduction.
- Become aware of the many variables which
impact costs and learn how to change them.
- Understand to identify critical constraints that limit throughput and ways to eliminate them.
- Understand how to implement changes with
co-operation and participation of all.
Participation Fees
PARTICIPATION FEES
|
Per Participant
fee |
GST @ 18% |
Total |
|
|
CII Small Scale Members |
6,000.00 |
1,080.00 |
7,080.00 |
|
CII Medium Scale Members |
6,250.00 |
1,125.00 |
7,375.00 |
|
CII Large Scale Members |
6,500.00 |
1,170.00 |
7,670.00 |
|
Non Members |
7,000.00 |
1,260.00 |
8,260.00 |
DISCOUNT
10%
on 2 or more nominations from an organization.
Note:
- Participation
fees is non-refundable / non-adjustable against any other program of CII, but
change in nomination(s) is accepted.
- Prior registration for participation by the sponsoring companies is necessary.
- Maximum
admissions will be limited to 25 only.
Faculty
Ninan P
Chandy: A
Mechanical Engineer and MBA Finance by qualification with over 30 years of vast
industry experience. Mr Chandy has achieved success in turning around the
fortunes of a manufacturing unit. This prompted him to start DeltaEta to spread
the concept Cost Reduction, and sustaining it.
Prakash Mirashi: A
Civil Engineer by qualification and over 30 years wide experience in various
field in EPC environment. He has led and handled international
project marketing for leading power transmission companies at VP level and has
trained and formed a self-sustainable team of engineers and managers. He is presently
a consultant and panel adviser of international advisory companies. He accepts
social responsibility and actively pursue CSR projects.
Who Should Attend / Target Audience
Venue
Online on Ms Teams