Objective 

Providing the participants with the importance of cost management and cost reduction in the success of the businesses nowadays.

Sharing with the participants some cost reduction techniques and approach and expand the participants' awareness of the role of different stakeholders in the cost reduction journey.

Outlines

The concept of cost management and cost reduction.

The difference between cost reduction and cost control.

The importance of developing clear plans and strategies to reduce costs.

The importance of defining responsibilities and roles for implementing the cost reduction plan.

Cost Reduction Techniques & Approach