Businesses that don't control their costs don't stay in business. How well are you doing? Is everyone in your organisation sufficiently aware of costs, managing them effectively and maximising opportunities to reduce them? If there is scope for improvement, this course will help get you back on track. It will demonstrate that cost reduction is so much more than cost control and cost cutting. True cost management is about being aware of costs, seeking to reduce them through good design and efficient operating practices whilst taking continuing action on overspending. This course will develop the participants' skills in: Being aware of costs at all times Seeking cost reduction from the start (including life-cycle costing) Appraising projects / production to identify and take out risk Understanding real budgeting Using techniques such as ZBB and ABC where appropriate Ensuring cost reports lead to action Managing a cost reduction process that delivers Benefits to the organisation will include: Identification of cost reduction and business improvement opportunities Better reporting and ownership of costs Greater awareness and control of everyday costs 1 Introduction - the cost management process The risks of poor cost control Capital and revenue costs The importance of cost awareness The importance of cost reduction Cost management - the key aspects How to build a cost management and control process checklist for your areas of responsibility 2 Cost removal - taking out costs Cost awareness Costs of poor design / poor processes Value engineering Removing redundant costs 3 The need for commercial, technical and financial appraisals Understand the problems before cash is committed and costs incurred Making the effort to identify commercial and technical risk The time value of money - DCF techniques for long term projects Cost models for production processes and projects Costing models - project appraisals The use of spreadsheets to identify sensitivity and risk How to focus on risk management 4 Budgeting - proper budgeting challenges costs The philosophy of the business - are costs an issue? The importance of having the right culture The need for detailed business objectives Budgetary control measures Designing budget reports - for action 5 Zero-based budgeting (ZBB) - the principles Much more than starting with a clean sheet of paper What ZBB can achieve The concept of decision packages - to challenge business methods and costs Only necessary costs should be incurred A review of an operating budget - demonstrating what ZBB challenges and the costs it may lead to being taken out 6 Awareness of overheads and other costs Definitions of cost - direct and indirect Dealing with overheads - what is meant by allocation, absorption or apportionment? The apparent and real problems with overheads Different ways of dealing with overheads Review of overhead allocation methods and accounting and reporting issues 7 Overheads and product costing Activity-based costing (ABC) - the principles Where and how the ABC approach may be helpful Know the 'true' cost of a product or a project Should you be in business? Will you stay in business? Identifying weaknesses in a traditional overhead allocation How ABC will help improve product or service costing Identifying which products and activities should be developed and which abandoned 8 Cost reduction culture The need for cost reports What measures can be used to identify over-spends as early as possible Cost control performance measures and ratios 9 Design of cost control reports Reports should lead to action and deliver Selecting cost control measures which can be acted upon Practice in designing action reports 10 Course summary - developing your own cost action plan Group and individual action plans will be prepared with a view to participants identifying their cost risks areas and the techniques which can be immediately applied to improve costing and reduce costs
Our bespoke Xero Training sessions are designed to get your Xero working properly & showing you the correct information, and to save you time for the important things... Get Xero set up properly, working as it should, error free Fix all of your Xero issues, once & for all Learn how to deal with your transactions correctly Use reporting to understand how your business is performing Gain confidence using Xero Save oodles of time on your accounting every single day with our bespoke Xero Training!
This course will help you and your staff become familiar with the role and responsibilities of the designated safeguarding lead in your organisation. It will develop both your competence and confidence in carrying out the role of Designated Safeguarding Lead (DSL). Formally known as Level 3
Course Details: The level 1, 2 & 3 hybrid and electric vehicle mechanic courses include; Classroom based theory session Workshop practice session Examination and assessment Course Fees: Level 1 £160 + VAT per candidate Level 2 £396 + VAT per candidate Level 3 £659 + VAT per candidate Electric & Hybrid Course Information: IMI LEVEL 1 AWARD IN EV AWARENESS This programme is designed for individuals who may encounter electric/hybrid (all variations) vehicles and require safety awareness. It is suitable for non-technical people working in roles such as: Valeters Parts Sales and aftersales It is also suitable for individuals working in roles such as: Vehicle recovery Vehicle dismantlers Vehicle damage assessors Electric/hybrid professional vehicle drivers. LEVEL 2 AWARD IN ELECTRIC/HYBRID VEHICLE ROUTINE MAINTENANCE ACTIVITIES This award is designed for technicians who maintain and repair electric/hybrid vehicles. It contains the skills and knowledge required to work safely around a vehicle’s high & low voltage electrical system and electric drive train system, whilst carrying out repairs or maintenance. As a result, learners successfully completing this qualification will acquire significant core knowledge and skills and the ability to work safely around and maintain Electric/Hybrid vehicles. LEVEL 3 AWARD IN ELECTRIC/HYBRID VEHICLE REPAIR AND REPLACEMENT The content of this qualification has been designed to give the learners the knowledge and skills required to work safely on Electric/Hybrid vehicles whilst carrying out diagnostic, testing and repair activities. This may include vehicles that may have or had damage to their high energy/electrical system. As a result, learners successfully completing this qualification will acquire significant core knowledge and skills, and the ability to remove and replace Electric/Hybrid vehicle high voltage components Entry Requirements The selection criteria for entry should take into account each applicants existing academic/vocational qualifications and experience. Level 1 EV awareness There is no eligibility requirement. Level 2 electric & hybrid vehicle training course Individuals will already have vehicle maintenance and repair knowledge and skills at level 2. Level 3 electric & hybrid vehicle training course Individuals will already have vehicle maintenance and repair knowledge and skills at level 3. Candidates who already hold the EV Level 2 qualification can do a one-day Level 3 Assessment In order to pass these qualifications, learners must demonstrate its learning outcomes by following and achieving its assessment components: a. IMI External Testing (online) b. IMI Practical Assessment What’s included: Support from fully qualified and experienced trainers Course training material Registration with the awarding body Examinations Fees and Certification To find out more, please use the live chat function, visit our contact page or call us on 024 76325880 Get up to speed with industry changes The automotive industry is constantly changing, but more so than ever before. The shift to electric vehicles is only going to continue to grow as environmental and consumer needs change. As hybrid and electric vehicles become more and more mainstream, mechanics/technicians must have the right skills and knowledge to keep up with new technologies and the demand for their maintenance and repair. This course is designed to teach you how to safely and effectively work on hybrid and electric vehicles as well as keep up with the constantly evolving technology. Upon completion of this electric vehicle training course, technicians will be able to demonstrate they have the skills and knowledge needed for repairing vehicles with high voltage hybrid and electrical technologies. Future-proofed skills As more consumers make the shift to hybrid and electric vehicles, the demand for knowledgeable mechanics is increasing exponentially. This new market is ideal to expand your customer base and grow your business. Safety is always the number one priority for any vehicle technician, this course will teach you how to approach an electric vehicle and work on it safely. Our experienced instructors will teach you invaluable skills such as disengaging battery cells and the different hazards associated with high-energy electricals. Electric vehicles are quickly becoming a common sight on UK roads and will soon be the new normal, ensuring you get ahead of the trend with our electric car mechanic course means you will be ready for when the vast majority of your customers are in these types of cars.
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