COST MANAGEMENT

- Identification of key business processes;

- Allocation of costs and revenues on an agreed standardized basis, Identifying performance issues;

- Application of various costing methods (standard, marginal and absorption methods) and explanation of the corresponding advantages and disadvantages;

- Analysis of the cost structure, behavior and ‘COST DRIVERS’ of digital products and digital channels;

- Application of Costing Techniques to Digital Channels;

- Application of various techniques (target costing, value analysis and life cycle); followed by explanation of implications;

- Preparation of analyzes and reports that allow the company's management to effectively challenge costs and inform decision-making;

- Advice to businesses on waste disposal efforts (how to understand key drivers and cost reduction opportunities);

- Analysis of the organization's digital ecosystem to identify sources of cost management and transformation;

- Implementation of cost transformation program that covers the digital ecosystem of the organization.

- Evaluation of the adequacy of the costing techniques used in a company;

- Implementation and application of modern costing techniques in a company;

- Guidance on the role and classification of quality costs (internal/external prevention, evaluation and failure costs);

- Recommendation on the creation of new products and services selected with a corresponding sale price that can impact the business;

- Analysis of the structure, behavior and ‘COSTS DRIVERS’ of bundled products that combine digital and non-digital features;

- Application of costing techniques to assess the profitability of omnichannel channels;

- Identification of Key Performance Indicators (KPIs) to be used to assess performance of products with meaningful digital content/features;

- Managing the cost dispute process and assisting the business to ensure Key Performance Indicators (KPIs) are measuring the right metrics;

- Advice and recommendation of transfer pricing systems and evaluation of their effect;

- Advice and coaching of team members on cost control and reporting issues;

- Development of a cost transformation program based on the characteristics of the organization's digital ecosystem.

- Advice on accounting for environmental costs with regard to its role in sustainability and its contribution to improving the environmental, social and financial performance of companies;

- Advice on offering new products and services and on alternative pricing strategies with financial implications;

- Advice on new costing methodologies and systems for products and channels that have both digital and non-digital functionality;

- Advice on strategic cost transformation; including reducing waste while maintaining or enhancing value creation;

- Advice on digital transformation of the organization as a way to manage and transform costs.

- Intermediate level;

- Advanced level;

- Expert Level