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.
Included In Certifications
This course is included in the following Certification Programs:
8 CoursesImproving Productivity and Profitability Certification
- Introduction to Improving Productivity and Profitability
- Uncovering and Managing Costs
- Reviewing Products and Price
- Effectiveness and Cutting Waste
- Selling to Profitable Customers
- Tool kits and Techniques for Expansion and Development
- Boosting Productivity and Competitiveness
- Planning for Change and Growth
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Prerequisites
No advanced preparation or prerequisites are required for this course.
Education Provider Information
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