● Master the concepts of Zero base should cost
● Obtain mastery understanding the essence of cost drivers ( Raw Material , Process , Overhead , Profit etc.) & learn the art of utilizing drivers to achieve optimum cost
● Analyze spend & identify cost rationalization opportunities
Professionals engaged in the Cost Management domain of any organization.
Day 1: MHR & Sheet Metal Fabrication RM Calculation | |
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Introduction & Defining workshop / training objectives | |
Time Slot 1 |
Session 1: Team Evaluation on Costing of Sheet Metal & Fabrication ● Costing of a sample part ● Different scenario evaluation ● Recording the calculated cost for benchmarking after the training |
Time Slot 2 |
Session 2: Negotiation Techniques & Zero Based Costing ● Why negotiate ● Different negotiation techniques ● Why Zero based costings ● Type of Cost Drivers & their impact |
Time Slot 3 |
Session 3: Machine Hour Rate Calculation Methodlogy ● Study of Fixed , Variable & Labour Costs ● Acquisition & other associated costs ● Understaning impact of machine life ● Understanding & study of depreciation and it's impact on MHR ● How to evaluate and account for Insurance & Space factor ● Calculation of energy costs , consumables & repairs ● Evaluation of Labour Costs ● Impact of working hours on MHR ● Mastering process cost increase containment |
Time Slot 4 | Queries , MHR Calculation Practice & Case Study |
Time Slot 5 |
Session 4: Sheet Metal & Fabrication- Material Cost Calculation ● Brief introduction on Raw Material Grades ● Availability of RM sizes ● Selection of right blanking process |
Time Slot 6 | Day closing queries if any |
Day 2 : Sheet Metal Fabrication Processes | |
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Time Slot 1 |
Session 5: Sheet Metal & Fabrication- Material Cost Calculation ● Selection of right blanking process ● Optimum RM gross wt calculation ● Sheet Utilization Factor |
Time Slot 2 | Practice session Gross Wt & RM Cost calculation |
Time Slot 3 |
Session 6: Sheet Metal & Fabrication- Process Cost ● Blanking Operation Shearing , Laser Cutting , Turret Punching , Blanking ● Forming Operations - Draw , CNC Bending , Punching ● Welding - MIG & Spot ● Powder Coating , Painting & CED |
Time Slot 4 |
Session 6: Sheet Metal & Fabrication- Process Cost ● Blanking Operation Shearing , Laser Cutting , Turret Punching , Blanking ● Forming Operations - Draw , CNC Bending , Punching ● Welding - MIG & Spot |
Time Slot 5 | Queries and Sheet Metal process cost calculation practice |
Time Slot 6 |
Session 7: Machining Processes Cost Estimation ● Covering Technical Details of Drilling ,Turning , Milling etc. ● Impact of Tool Material , Cutting Speed , Feed on cycle time ● Production cycle time calculation ● Impact of set up cost , Job Loading & Unloading on total cycle time ● Any other process discussion |
Time Slot 7 | Queries and Sheet Metal cost calculation practice |
Time Slot 8 | Benchmark Before / After |
Time Slot 9 | Spill over topics & wind up |