Course Ref: TC5

DESIGN to COST (DtC) and TARGET COSTING (TC) TRAINING WORKSHOP

A 1 day Design to Cost/Target Costing (DtC/TC) training workshop course which provides in depth information relating to the methods and toolkit for achieving the objectives of an affordable product or service offering based on a defined price and profit margin.

This workshop will provide you with understanding, practical tools and examples drawn to implement Design to Cost and Target CostingThis training workshop will be tailored to your specific requirements

Course Aims and Objectives

By the end of the course you should have understood:

• the relationship between Value, Price and Function

• Product Economics and Establishing Target Cost objectives

• Value Analysis/Value Engineering and relationship to Design to Cost and Target Costing

• Functions and Functional Analysis

• Function Cost Analysis and Target Cost Analysis

• Tools to investigate opportunities for cost reduction and value improvement

• Tracking and monitoring Target Cost.

• Become familiar with the Design to Cost and Target Cost process

• Practical Implementation of Design to Cost and Target Costing

• Experienced practical tools and techniques

defined the practical steps that you and your company can take to implement and gain benefit from the DtC/TC methodologies and toolkit.

Style 

Participative, informative, interactive and fun
Practical examples to aid understanding
Experiential - 'thematic' exercises
Practical examples to aid understanding
Pragmatic hints and tips

Course Content

For more information contact us or follow the following links:

New Product Introduction (NPI) or New Product Development (NPD)
Product Definition (PD) and pragmatic Quality Function Deployment (pQFD)
Product Marketing and Management
Time to Market Control and Compression (TtMCC)
Product Innovation with Market, Technology and Process Innovation
Design for Six Sigma (DFSS) or Six Sigma Product Development (SSPD) implementation programme
Product Development Training Course Workshop
Product Development, Marketing and Management Software Applications
Time to Market Product Development Healthcheck Assessment Audit