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In this course we examine the importance of getting the best deal from your suppliers and cutting waste throughout the business. We start with a brief overview of identifying your key areas of expenditure will show where the organization spends most money. This leads to a conversation about considering the organization’s status as a valued customer, striking better deals and reviewing the number of suppliers you use to increase effectiveness. Then we explore the common areas of waste and ways in which waste can be cut.

This course supports you in understanding how to get the best from the key areas of expenditure and how to improve effectiveness and cut waste.

Learning Objectives

  • Explore the key areas of expenditure will show where the organization spends most money.
  • Identify the organization’s status as a valued customer, striking better deals and reviewing the number of suppliers you use to increase effectiveness.
  • Discover common areas of waste and ways in which waste can be cut.
Last updated/reviewed: May 19, 2022

Included In Certifications

This course is included in the following Certification Programs:

8 CoursesImproving Productivity and Profitability Certification

  1. Introduction to Improving Productivity and Profitability
  2. Uncovering and Managing Costs
  3. Reviewing Products and Price
  4. Effectiveness and Cutting Waste
  5. Selling to Profitable Customers
  6. Tool kits and Techniques for Expansion and Development
  7. Boosting Productivity and Competitiveness
  8. Planning for Change and Growth

Prerequisites

Course Complexity: Foundational

No advanced preparation or prerequisites are required for this course.

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
  0:52Introduction to Effectiveness and Cutting Waste
  8:42Key Concepts
  12:06Key Areas of Expenditure
  6:36A Valued Customer
  12:14Cutting Waste
  10:30Cutting Waste Cont'd
  2:03Conclusion
CONTINUOUS PLAY
  53:03Effectiveness and Cutting Waste
SUPPORTING MATERIAL
  PDFSlides: Effectiveness and Cutting Waste
  PDFEffectiveness and Cutting Waste Glossary/ Index
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM