1. Presents
Two-day Management Development Programme
Radical Cost
Reduction
Using TOC, Lean and Six Sigma Techniques
4th - 5th June 2009 • New Delhi
Programme Director
Prof. A. N. Singh
In order to survive and grow in the current global
recession scenario, the most important challenge for every
company is to reduce cost while maintaining desired
quality. Incidentally during the last decade quality issue
has been well addressed by Indian organizations and most
of the companies are successfully implementing Quality
Management.The focus of the companies should now be
on Cost Management.
Several traditional methods of cost reduction are currently
being used. Most of them focus on reduction on
purchases, cutting down training expenses, laying-off
people, stopping technological up-gradation of machines
and processes, etc. Such cost cutting measures become
counter productive when demand revives and companies
lose business when opportunity arrives.
These cost cutting measures are not sustainable and no
longer relevant because generally they attack on some
2. visible symptoms. However, in order to have effective and
sustainable cost reduction you have to eliminate the “root-
causes” resulting in higher cost, which are mostly
invisible.
Effective cost reduction involves four major activities:
detection of root cause, developing solutions,
implementing solutions and sustaining the effect.
No single tool can address all four aspects of cost
management. You need an integrated solution.
We are pleased to offer a unique methodology of “Radical
Cost Reduction” developed by benchmarking and
synergistically blending the following three most powerful
management techniques of the world to address
comprehensive cost management solution in the quickest
possible way:
Theory of Constraints: Every system always has a
constraint. Constraint is defined as the visible or hidden
problem that stops your organization to make more profit.
Unless constraint is discovered and resolved you can’t
reduce cost.
Lean: Cost is adversely impacted by seven deadly wastes
generated in the value stream. These wastes must be
identified & eliminated using lean tools.
Six Sigma: Cost reduction projects must be managed in
effective and time bound manner using the Six Sigma -
Five Phase problem solving technique through application
of statistical and lean tools.
The Two-day comprehensive management
development programme is especially designed for
busy senior management personnel who are playing
leading role in improving cost leadership.
Course Objectives
To develop a practical approach among managers in
enhancing global competitiveness of products and services
through the following three steps:
1. Discover cost reduction opportunities in the business
processes
3. 2. Reduce cost in the quickest possible time using
world-class techniques
3. Promote the new way of managing cost in all
functions of the organization
Course Content
The body of knowledge of the programme addresses the
following key issues of cost management:
Day-1(09.30 –17.00 Hrs) Day-2 ( 09.30 –17.00 Hrs)
The global competitiveness and Cost reduction project planning
its relevance to your company and management
Overview of Theory of Reaching to the root- cause of
Constraints, Lean and Six Sigma cost-drivers
What makes your products and
Developing the countermeasures
services costlier?
How TOC, Lean and Six Sigma Implementing the cost reduction
can be applied to reduce cost? solutions
How to launch cost reduction Holding the gains of improved
drive in the company? methodology
Case studies and practical
How to detect constraints?
exercises
How to select cost reduction Developing an action plan to
projects? launch cost reduction drive in your
company
Participants are advised to come ready with:
- A real problem faced in their department or organization concerned
with cost.
- A simple calculator
Who Should Attend?
Senior and middle level managers across all functions.
Investment
Rs.10, 000+10.30% Service tax (per participant).
Payment to be made through DD in favour of “Asia-Pacific
Institute of Management” payable in New Delhi. Fee
includes cost of training, course material, lunch and tea.
Take Away
The knowledge and skill of latest cost reduction tools &
techniques.
Dates : 4th-5th June 2009
Timing : 09.30-17.00 Hrs
4. Venue : Centre of Business Excellence, Asia-Pacific
Institute of Management,
3 & 4 Institutional Area,Jasola, (Opp. Sarita Vihar),
New Delhi-110025
Faculty Profile
Prof. A.N. Singh
ansingh@asiapacific.edu
Engineer from Institute of Technology, BHU, Varanasi with
post-graduate qualification in Industrial Management,
Business Management and Gembakaizen (Japanese
Management), A.N. Singh has 37 years of hands-on
industry and management consulting experience (while
working with Steel Authority of India Ltd., JSL Ltd. and
FICCI Quality Forum). He has also worked as a UNIDO
Consultant and ASQ Training Faculty on Lean
programmes.
He is a specialist in implementation of Lean
Manufacturing, Lean Service, Lean Six Sigma and Radical
Cost Reduction. He has been trained at Lean Enterprise
Academy (UK), Kaizen Institute (Japan) and Armco Inc.
(USA). He has 17 publications to his credit, published in
the form of 8 books and 9 e-books (corporate training
CDs) on topics related to Quality Management, Lean
Manufacturing, Lean Service, Lean Six Sigma, Cost
Reduction and Mindset Change. More...
Limited Seats . Rush Your Registration Today!
Center of Business Excellence
Asia-Pacific Institute of
Management
3 & 4, Institutional Area, Jasola,
(Opp. Sarita Vihar),
New Delhi-110 025
Phone : (011) 42094800 Fax : (011)
26951541
E-mail : cobe@asiapacific.edu
Website : www.asiapacific.edu
