[Cost Accounting Archive] Cost Reduction Innovation Skill-Up

The absolute competitive advantage for corporate survival, presenting key points for cost reduction!

In the rapidly changing business environment and intense international competition structure of recent times, the challenge that companies face is a matter of survival. To exist as a sustainably managed company, absolute competitiveness must be secured through continuous management innovation. In other words, securing competitiveness through management innovation is not a choice for survival but a necessity. Competitive companies have strategies that can quickly respond to external environmental changes, and they have creative and challenging corporate cultures that continuously engage in cost innovation activities. Cost reduction is indeed a definitive competitiveness that must be possessed. A company equipped with the weapon of cost reduction can survive until the end even in an environment where all competitors are eliminated.

This course is structured around the new concept of "living cost management" centered on case studies, incorporating scientific improvement methods for cost-generating processes and standard cost calculation management concepts using preliminary cost calculation methods. Through this, you can understand the necessity of cost reduction and identify cost reduction checkpoints, enabling you to establish cost innovation strategies.

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Example-driven cost reduction techniques presented!

• Cost data analysis and techniques for developing and implementing cost reduction measures based on this analysis are presented with various examples.

• Learn cost calculation procedures and methods, and utilize them to achieve cost reduction and profitability enhancement.

  
  

  
  

Presenting key points focused on practical application

• You can learn by topic through micro-learning focused on core keywords that can be immediately applied in practical work.

Course Outline

1. Cost Reduction Concepts and Necessity

2. Target Cost Setting and Achievement

3. Material Cost Analysis and Reduction

4. Labor Cost Analysis and Reduction

5. Manufacturing Cost Analysis and Reduction

6. Cost Innovation Methods by Product

7. Cost Reduction Through Break-Even Point

8. Cost Reduction Techniques and Case Studies

Presenting differentiated content through recruitment of specialized cost accounting professors

We have recruited specialized cost accounting professors to provide lectures that carefully select only the core skills required in industrial settings. We have enlisted instructors who are highly praised for their in-depth lectures at corporations, public institutions, and universities to present professional and differentiated content.

CEO Lim Byung-seon

Currently) CEO of IBiz Consulting Co., Ltd.

Current) Senior Expert Committee Member, Korean Standards Association (KSA)

Former) Senior Researcher, Design Cost Team, Daewoo Motors Technical Research Institute

Former) Daewoo Motors Technical Research Institute Design Cost Team Senior Researcher

Former) Hyundai Motor Company R&D Center Design Cost Department Employee