The Journey From Cost to Profit

$350.00 excl GST

 

This series of three online modules provide an in-depth understanding of what’s involved in managing product costs to influence profitability through commercial costing and sourcing decisions. With an understanding of cost components, different costing types and how margin is comprised you are equipped to maximise profit, by making cost considered decisions and taking cost-driven actions.

 

  • 5% discount if you buy 3+ courses
  • 10% discount if you buy 5+ courses
  • Contact us for large group quotes

Description

What you will learn

  • Identify the different components that make up the final cost of a product
  • State how and when each cost component is a applied
  • Describe the benefits of open costings and cross
  • Demonstrate an understanding of how your sourcing decisions can impact both the intake and the final margin of your range

Modules in more detail

  1. Cost components – how costs are broken down and how this insight can improve profitability
  2. Commercial costing decisions – how to make costing decisions to improve intake margin
  3. Costings and final margin – understand your role in cost decision-making and how this impacts final margin and departmental profitability