IMPROVING PRODUCTIVITY THROUGH QUALITY ENHANCEMENT AND COST REDUCTION

165,000.00

Content

Productivity defined

  • Causes for poor productivity
  • Approaches: productivity improvement
  • Productivity factor
  • Improving staff productivity at workplace
  • Getting commitment to a cost cutting program
  • Setting up a cost reduction program
  • Employee Engagement Techniques

Principles of cost reduction: the quality approach

  • Quality defined and Cornerstones of quality
  • Cost of poor quality and productivity
  • Value added analysis
  • Lean principles and Lean implementation barriers

Productivity improvement tools and Methodologies

  • Productivity improvement project road map
  • Tool selection
  • Brainstorming
  • Six Sigma Methodology

Cost reduction opportunities

  • Cutting cost strategically
  • Streamlining the organization
  • SMART practices for increasing productivity
  • Cost savings opportunities

Measuring your productivity initiatives

  • Key performance indicators
  • Setting targets for cost reduction
  • Benchmarking
  • The balanced scorecard
  • The dashboard

For Whom: Directors, Human Resources Managers, Managers, supervisors and all those who are responsible for, or indirectly involved in, a cost or profit center or a quality improvement function.

DATE:            29th – 31st May, 2024

                          27th – 29th November, 2024

 

Objective

How do organizations improve productivity? What is productivity to start with? This course presents best practices on how to boost productivity by focusing on quality and cost saving initiatives. In this course we will share best practices and tools from organizations that implemented quality methodologies to improve their processes and achieve faster cycle times, lesser defects and simplified operations. Participants will also learn how to apply these practices in their organizations and understand how to manage change. They will master the skills to leverage the existing culture to their advantage by creating a solid platform and moving the organization into a new mindset. This course is critical for every organization aiming to save cost and become more efficient and productive. By the end of the course, 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

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