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  4. Zero Based Costing

Course Objectives

  • To enable delegates understand Key concepts in zero based costing
  • To impart/enhance practical skills to become expert in zero based costing
  • To enable the delegates to plan, conduct & manage zero based costing in the organization

Course Features

This course is designed to meet the requirement of competent supply chain and costing team. The course includes class room sessions coupled with syndicate group exercises to enhance delegate participation to achieve learning objectives.

Prequisite

 -All delegates should have reasonably good understanding on zero based costing principles, concepts & basic requirements

-Knowledge of English is essential

Who should attend ?

  • Materials executives/managers
  • Supply Chain Management representatives
  • Purchase Team
  • SNOP and PPIC Teams
  • Warehouse Management team.
  • Logistics Management team
  • Cost accounting team

Course Contents

  • What is Zero Based Costing?
  • Best approach for cost optimization
  • Zero Based cost management
  • Zero Based Costing approach
  • Top Down Approach; Bottom Up Approach
  • Cost Benefit Analysis
  • Advantages of Zero Based Costing
  • Activity Based Costing

Certificate

Certificate of attendance shall be issued to all the delegates attending entire duration of the training course

Duration

2 Days

        

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