The procurement volume usually represents a high share of the cost of a company. Consequently, the need to reduce prices year by year is crucial to the profitability of the business. Many companies set challenging targets for reducing the material costs every year, but these targets are frequently not met.
What are reasons for missing these targets? What are the resistances faced during cost saving projects? Are employees qualified enough and equipped with the necessary methods and tools? What are success factors for cost reduction activities? In this course the systematic approach to material cost reduction using commercial and technical levers is introduced by a qualified sourcing expert, Mrs. Zhao Yawen, Sourcing Consultant and Strategic Purchasing Trainer at STAUFEN.SHANGHAI. Accentuated by relevant hands-on practical examples, this seminar provides a deep understanding of tools and methods to achieve sustainable material cost reduction results.
In this full-day training, the following topics will be presented and discussed:
- Introduction: The importance for material cost reduction
- How to define material cost reduction targets
- Case analysis to find out potential savings
- Material cost reduction approaches: real case study
- Supplier development with lean basics
The Trainer: Mrs. Zhao Yawen, Sourcing Consultant and Strategic Purchasing Trainer, STAUFEN.SHANGHAI
Having years of working experience in various global companies, Ms. Zhao has deep knowledge of supply chain management, organization and process optimization. As a senior consultant at Staufen, Ms. Zhao has conducted purchasing projects in various types of companies in different industries, including purchasing organization improvement, purchasing process optimization, commodity and supplier strategy development, supply-base management, coaching and guiding customers to build world-class purchasing teams. Additionally, Ms. Zhao is the trainer for several purchasing and soft skills topics.
For online payments please indicate SHA2015-09-01