Cost Reduction Strategies in Logistics & Transport


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We are proud to offer this course in a variety of training formats to suit your needs. We use the highest quality learning facilities to make sure your experience is as comfortable as possible. Our face to face calendar allows you to choose any classroom course of your choice to be delivered at any venue of your choice - offering you the ultimate in convenience and value for money.


June 2024

Code Date Duration Location Fee Action
CRS027 17 Jun 2024 - 21 Jun 2024 5 days Kisumu, Kenya KES 84,000 | $1,100 Register
CRS027 17 Jun 2024 - 21 Jun 2024 5 days Kampala, Uganda $1,900 Register
CRS027 17 Jun 2024 - 21 Jun 2024 5 days Accra, Ghana $2,400 Register
CRS027 24 Jun 2024 - 28 Jun 2024 5 days Pretoria, South Africa $2,400 Register
CRS027 24 Jun 2024 - 28 Jun 2024 5 days Nakuru, Kenya KES 84,000 | $1,100 Register
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June 2024

Code Date Duration Mode Fee Action
CRS027 17 Jun 2024 - 21 Jun 2024 5 days Half-day KES 60,000 | USD 699 Register
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June 2024

Date
Duration
Location
Fee
Action
17 Jun - 21 Jun 2024
5 days
Kisumu
KES 84,000 $1,100
17 Jun - 21 Jun 2024
5 days
Kampala
$1,900
17 Jun - 21 Jun 2024
5 days
Accra
$2,400
24 Jun - 28 Jun 2024
5 days
Pretoria
$2,400
24 Jun - 28 Jun 2024
5 days
Nakuru
KES 84,000 $1,100
I Want To See More Dates...

June 2024

Code Date Duration Mode Fee Action
CRS027 17 Jun 2024 - 21 Jun 2024 5 days Half-day KES 60,000 | USD 699 Register
I Want To See More Dates...

Introduction:

In the competitive landscape of logistics and transport, effective cost management is essential for maintaining profitability and gaining a competitive edge. This course is designed to equip participants with the knowledge and skills necessary to identify, analyze, and implement cost reduction strategies in logistics and transport operations. Through a combination of theoretical lectures, case studies, and practical exercises, participants will learn about various cost drivers, optimization techniques, and best practices for reducing costs while maintaining service quality. By the end of the course, participants will be able to develop and implement cost reduction initiatives to improve efficiency and profitability in their organizations.

Target Audience:

Logistics Managers, Supply Chain Managers, Procurement Managers, Operations Managers, Finance Managers, and Professionals involved in reducing costs and optimizing efficiency in logistics and transport operations.

Duration:

5 days


Course Level:

Course Objectives:

Upon completion of this course, participants will be able to:

  • Understand the importance of cost reduction in logistics and transport operations.
  • Identify and analyze cost drivers in logistics and transport operations.
  • Develop strategies to optimize supply chain processes and reduce costs.
  • Implement technology solutions to streamline operations and reduce expenses.
  • Identify opportunities for collaboration and partnership to reduce costs.
  • Implement best practices for inventory management to minimize costs.
  • Develop strategies to optimize transportation networks and reduce freight costs.
  • Identify opportunities for energy efficiency and sustainability to reduce costs.
  • Develop key performance indicators (KPIs) to measure cost reduction initiatives' effectiveness.
  • Develop an action plan for implementing cost reduction strategies in logistics and transport operations.

Course Modules:

Module 1: Introduction to Cost Reduction in Logistics & Transport

  • Overview of cost reduction in logistics and transport
  • Importance of cost management in the logistics industry
  • Key challenges and opportunities for cost reduction
  • Identifying cost drivers in logistics and transport operations
  • Cost analysis techniques and tools
  • Case studies: Analyzing cost reduction strategies in logistics companies

Module 2: Supply Chain Optimization for Cost Reduction

  • Principles of supply chain optimization
  • Strategies for reducing inventory costs
  • Just-in-time (JIT) and lean supply chain principles
  • Vendor management and supplier negotiation strategies
  • Implementing cost-effective warehousing solutions
  • Practical exercises: Developing a supply chain optimization plan

Module 3: Technology Solutions for Cost Reduction

  • Role of technology in cost reduction
  • Transportation management systems (TMS) for cost optimization
  • Warehouse management systems (WMS) for efficiency gains
  • Route optimization and fleet management solutions
  • Data analytics for identifying cost-saving opportunities
  • Case studies: Implementing technology solutions for cost reduction

Module 4: Collaboration and Partnership for Cost Reduction

  • Collaborative logistics and transport strategies
  • Building strategic partnerships with suppliers and carriers
  • Outsourcing and third-party logistics (3PL) solutions
  • Collaborative transportation planning and consolidation strategies
  • Sharing resources and facilities to reduce costs
  • Practical exercises: Developing collaboration and partnership strategies

Module 5: Energy Efficiency and Sustainability for Cost Reduction

  • Importance of energy efficiency and sustainability in cost reduction
  • Green logistics and transport initiatives
  • Implementing renewable energy solutions
  • Environmental regulations and compliance considerations
  • Calculating the financial benefits of sustainability initiatives
  • Developing an action plan for energy efficiency and sustainability

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