IMPROVING PRODUCTIVITY THROUGH QUALITY ENHANCEMENT AND COST REDUCTION

IMPROVING PRODUCTIVITY THROUGH QUALITY ENHANCEMENT AND COST REDUCTION

CLASSROOM FEE: ₦65,000 | ONLINE FEE: ₦50,000

 

COURSE BENEFITS

At the end of the programme, participants will be able to:

  • Define productivity and various types of organizational waste
  • Identify areas of poor productivity due to poor quality and suggest ways to increase effectiveness and efficiency
  • Justify and apply quality improvement tools and techniques in order to improve productivity
  • Apply several cost reduction strategies in order to meet changing global, statutory and market conditions
  • Recognize and apply measuring initiatives and set targets in order to improve productivity

COURSE OUTLINES

Productivity Defined

  • Definitions
  • Productivity limitations
  • Process based view
  • The ‘Muda’ factor
  • Eight types of waste
  • Cost of poor quality

Principles of cost reduction: the quality approach

  • Quality defined
  • Cornerstones of quality
  • Barriers to cost reduction programs
  • Setting up a cost reduction program
  • Resistance psychology in humans
  • Techniques to involve employees in your quality improvement tasks
  • The role of suggestion schemes

Productivity improvement tools

  • Productivity improvement project road map
  • Tool selection
  • Brainstorming
  • Pareto
  • How-how method
  • Why-why method
  • Six Sigma
  • Lean principles
  • Non value added analysis
  • Re-engineering
  • The ‘Focus’ method

Cost reduction opportunities

  • Streamlining the organization and the ESSA method
  • SMART practices for increasing productivity
  • Cost savings opportunities
  • Barriers to a cost cutting program
  • Getting commitment to a cost cutting program
  • One hundred and forty ideas to cut costs

Measuring your productivity initiatives

  • Key performance indicators
  • Types of measures
  • Setting targets for cost reduction
  • Benchmarking
  • Types of benchmarking
  • The balanced scorecard
  • The dashboard

The event is finished.

Date

Nov 01 - 02 2022
Expired!

Location

Chemline House Training & Event Centre
7 Obasa Rd, Off Oba Akran Avenue, Ikeja– Lagos
Duration

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