Product Cost - How to Reduce Manufacturing Costs
What you'll learn
- Understand the accounting, business processes, and techniques associated with reducing product cost
- Basic familiarity with manufactured products
- Basic familiarity with desktop PC applications
Are you involved in some way with a manufactured product? Maybe you are a Product Manager, an AUTOCAD Designer, a Manufacturing engineer, or a Supply Chain professional. Maybe you are a startup CEO or inventor. If so, you are concerned about how to drive your product cost to a minimum while retaining highest product quality assurance. This course provides a comprehensive look at product costing conventions, inputs and the means to reduce them.
This Course Covers:
The terminology of product costing and supply chain activities
All the inputs to product cost
The roles and responsibilities of people in your organization and outside it involved with product cost (Product Manufacturing, Supply Chain, Manufacturing Engineering, Shipping, Quality Assurance)
The techniques involved in identifying cost reduction opportunities
Learn the methods to reduce these costs
Learn the guiding principles that should govern any product cost reduction
Learn how to set up a sustained, structured cost reduction program (including for product design)
This Course is for Companies That Are:
Producing hardware products of any kind (captive or outsourced manufacturing)
Suppliers of components or manufacturing services
This Course is for Individuals That Are:
Supply chain, procurement, or logistics professionals
Managers of any of these groups
Students in Supply Chain Management, Manufacturing, or Design courses
Who this course is for:
- Companies that are producing hardware products of any kind (captive or outsourced manufacturing)
- Suppliers of components or manufacturing services
- Supply chain, procurement, or logistics professionals
- Manufacturing engineering
- Product designers
- Product managers
- Students in Supply Chain Management, Manufacturing, or Design Courses
- Electronics engineering
Murray Reeves has undergraduate and masters degrees in engineering, and has over 30 years experience in technology and high technology manufacturing and product development.
Murray started his career in semiconductor manufacturing and equipment development. From there he progressed on to develop extensive experience in engineering and operations management. During this period he successfully led and completed the construction and qualification of a leading edge II-V semiconductor manufacturing facility.
From there Murray moved into product cost reduction projects, That was subsequently combined with internationally outsourced manufacturing engineering support and quality management.