INTRODUCTION:
- Operational Cost Reduction Programme (OCRP) has been designed by our trainers with years of experience to deliver effective tools to participants in order to realize gains in a short period of time.
- This Programme has been designed on the basis and by utilising Six Sigma techniques for cost reductions.
- Market conditions are forcing companies to generate fresh ideas and new ways of looking at their operations. Innovative solutions to maintain profit margins either by improving revenue or reducing costs are essential in today’s market conditions.
- OCRP is to understand and apply tools and techniques applicable for the execution of cost reduction projects and covers how the participants can run projects and deliver quick results.
COURSE CONTENT / CURRICULUM
SESSION 1: PROJECT DEFINITION AND CHARACTERIZATION
- Developing a Project Charter
- Drill Down Tree & Pareto Charts
- Quality Function Deployment (QFD)
- Kano Model, SIPOC & Process Mapping
- Financial Analysis and Cost Savings
- Planning and Collecting Data for Analysis
SESSION 2: PROJECT MEASUREMENT AND BASELINING
- Understanding Basic Statistics
- Understanding Graphical Analysis
- Calculating and Measuring Capability
- Root Cause Analysis (RCA) Tools
- Basic Value Stream Mapping (VSM)
- Understanding 8 Wastes and Quantifying
SESSION 3: PROJECT ANALYSIS AND STRATIFICATION
- Failure Modes and Effects Analysis (FMEA)
- Understanding Lean Concepts
- Identifying Improvement Ideas
- Generating Cost Benefit Analysis (CBA)
- Risk Assessment for Improvements
- Implementation Plans and Procedures
SESSION 4: PROJECT IMPROVEMENTS AND CONTROLS
- Designing and Executing a Pilot Plan
- Developing Process Control Plans
- Standard Operating Procedures (SOPs)
- Statistical Process Control (SPC)
- Replicating a Project
- Project Ownership and Dashboards
Benefits of OCRP by MBIZM:
- Affordable Cost Training Programme
- Short Curriculum Delivery Time
- Quick Delivery of Results
- Easy to Understand and Apply
- Quickly uncover waste, duplication, bureaucracy and reduce variation.
- Use Key Ideas from Successful Cost Reduction Case Studies.
- Developed by Six Sigma Experts.
* Participants that have signed on this course from an organization are strongly advised to take up a project with their respective organizations.
** Project Coaching and Mentoring is available. Please ask for more details.
