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Finance & Accounting

Cost Reduction and Profit Improvement Strategies

Sustainable cost reduction requires more than across-the-board cuts. This course presents structured approaches to identifying cost drivers, eliminating waste, improving processes, optimising procurement and organisational spend and increasing profitability without damaging capability or customer value. Participants analyse cost structures and build a profit improvement programme for their organisation.

5 days Classroom or live online English
Smart Horizon Certified - Global Leadership Consultants
Take the course details with you.

Download the full standard outline: why attend, methodology, objectives, audience, competencies, the daily outline and current plans.

Download course PDF
Why attend

From knowledge to real-world impact.

Cost pressure is a constant reality, but poorly designed cuts often return or harm growth. This course helps you deliver lasting savings and profit improvement while protecting what matters.

Workplace challenges

Professional Problems This Course Is Designed to Solve

The programme explores practical approaches to the following challenges. Results depend on how the learning is applied in your organisation.

  • Difficulty translating subject knowledge into practical workplace decisions.
  • Inconsistent approaches to the activities covered in the course outline.
  • Lack of a structured plan for applying and reviewing new skills.
Course methodology

How you will learn.

The course uses cost analysis exercises, case studies, benchmarking, idea generation workshops and programme planning.

Course objectives

What you'll take away.

By the end of this course, participants will be able to:

  • Analyse cost structures and key cost drivers
  • Distinguish strategic and non-strategic costs
  • Apply process, procurement and organisational levers to reduce costs
  • Identify revenue and margin improvement opportunities
  • Build and track a profit improvement programme
  • Manage the people and change aspects of cost reduction
Target audience

Who should attend.

This course is suitable for:

  • Finance managers and controllers
  • Operations and general managers
  • Procurement professionals
  • Business unit heads
  • Transformation and performance improvement teams
Target competencies

Capabilities you will build.

Participants will develop competencies in:

  • Cost analysis
  • Cost driver identification
  • Process efficiency
  • Spend optimisation
  • Profit improvement planning
  • Benefit tracking
Course outline

Your learning journey.

A focused, practical outline with time to explore, apply and reflect.

Day 1Understanding Costs

  1. 09:00–09:54Cost structures and behaviour
  2. 09:54–10:48Cost drivers
  3. 10:48–11:00Good costs and bad costs
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Good costs and bad costs (continued)
  6. 12:12–13:06Benchmarking
  7. 13:06–14:00Exercise: Cost structure analysis

Day 2Operational Levers

  1. 09:00–09:54Process efficiency and waste reduction
  2. 09:54–10:48Automation and digitalisation
  3. 10:48–11:00Shared services and outsourcing
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Shared services and outsourcing (continued)
  6. 12:12–13:06Capacity utilisation
  7. 13:06–14:00Workshop: Identifying operational savings

Day 3Spend and Organisational Levers

  1. 09:00–09:54Procurement savings
  2. 09:54–10:48Demand management
  3. 10:48–11:00Spans, layers and organisation design
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Spans, layers and organisation design (continued)
  6. 12:12–13:06Indirect cost control
  7. 13:06–14:00Case study: Reducing indirect spend

Day 4Profit Improvement

  1. 09:00–09:54Pricing and margin levers
  2. 09:54–10:48Product and customer profitability
  3. 10:48–11:00Working capital release
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Working capital release (continued)
  6. 12:12–13:06Portfolio decisions
  7. 13:06–14:00Exercise: Profitability analysis

Day 5Delivering the Programme

  1. 09:00–09:54Programme governance
  2. 09:54–10:48Tracking savings
  3. 10:48–11:00Managing people impacts
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Managing people impacts (continued)
  6. 12:12–13:06Sustaining results
  7. 13:06–14:00Capstone: Profit improvement plan

The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.

Dates & venues

Find a session that works for you.

Confirmed dates accept registration requests. Tentative dates are enquiry only.

Istanbul 16 Nov - 20 Nov 2026
Confirmed dates
€2,650.-Register
Online Live virtual classroom 16 Nov - 20 Nov 2026
Confirmed dates
€1,250.-Register
Amsterdam 7 Dec - 11 Dec 2026
Confirmed dates
€2,540.-Register
Online Live virtual classroom 7 Dec - 11 Dec 2026
Confirmed dates
€1,250.-Register
Singapore 14 Dec - 18 Dec 2026
Confirmed dates
€2,820.-Register
Online Live virtual classroom 14 Dec - 18 Dec 2026
Confirmed dates
€1,250.-Register
London 4 Jan - 8 Jan 2027
Confirmed dates
€2,450.-Register
Online Live virtual classroom 4 Jan - 8 Jan 2027
Confirmed dates
€1,250.-Register
Barcelona 11 Jan - 15 Jan 2027
Confirmed dates
€2,840.-Register
Online Live virtual classroom 11 Jan - 15 Jan 2027
Confirmed dates
€1,250.-Register
Dubai 18 Jan - 22 Jan 2027
Confirmed dates
€3,150.-Register
Online Live virtual classroom 18 Jan - 22 Jan 2027
Confirmed dates
€1,250.-Register
Frankfurt 1 Feb - 5 Feb 2027
Confirmed dates
€2,650.-Register
Online Live virtual classroom 1 Feb - 5 Feb 2027
Confirmed dates
€1,250.-Register
Kuala Lumpur 15 Feb - 19 Feb 2027
Confirmed dates
€1,450.-Register
Online Live virtual classroom 15 Feb - 19 Feb 2027
Confirmed dates
€1,250.-Register
Paris 1 Mar - 5 Mar 2027
Confirmed dates
€2,860.-Register
Online Live virtual classroom 1 Mar - 5 Mar 2027
Confirmed dates
€1,250.-Register
Rome 8 Mar - 12 Mar 2027
Confirmed dates
€2,450.-Register
Online Live virtual classroom 8 Mar - 12 Mar 2027
Confirmed dates
€1,250.-Register
Istanbul 15 Mar - 19 Mar 2027
Confirmed dates
€2,650.-Register
Online Live virtual classroom 15 Mar - 19 Mar 2027
Confirmed dates
€1,250.-Register
Amsterdam 5 Apr - 9 Apr 2027
Confirmed dates
€2,540.-Register
Online Live virtual classroom 5 Apr - 9 Apr 2027
Confirmed dates
€1,250.-Register
Singapore 19 Apr - 23 Apr 2027
Confirmed dates
€2,820.-Register
Online Live virtual classroom 19 Apr - 23 Apr 2027
Confirmed dates
€1,250.-Register
London 3 May - 7 May 2027
Confirmed dates
€2,450.-Register
Online Live virtual classroom 3 May - 7 May 2027
Confirmed dates
€1,250.-Register
Cape Town 10 May - 14 May 2027
Confirmed dates
€1,890.-Register
Online Live virtual classroom 10 May - 14 May 2027
Confirmed dates
€1,250.-Register
Dubai 17 May - 21 May 2027
Confirmed dates
€3,150.-Register
Online Live virtual classroom 17 May - 21 May 2027
Confirmed dates
€1,250.-Register
Frankfurt 7 Jun - 11 Jun 2027
Confirmed dates
€2,650.-Register
Online Live virtual classroom 7 Jun - 11 Jun 2027
Confirmed dates
€1,250.-Register
Kuala Lumpur 21 Jun - 25 Jun 2027
Confirmed dates
€1,450.-Register
Online Live virtual classroom 21 Jun - 25 Jun 2027
Confirmed dates
€1,250.-Register
Paris 5 Jul - 9 Jul 2027
Confirmed dates
€2,860.-Register
Online Live virtual classroom 5 Jul - 9 Jul 2027
Confirmed dates
€1,250.-Register
Vienna 12 Jul - 16 Jul 2027
Confirmed dates
€2,940.-Register
Online Live virtual classroom 12 Jul - 16 Jul 2027
Confirmed dates
€1,250.-Register
Istanbul 19 Jul - 23 Jul 2027
Confirmed dates
€2,650.-Register
Online Live virtual classroom 19 Jul - 23 Jul 2027
Confirmed dates
€1,250.-Register
Amsterdam 2 Aug - 6 Aug 2027
Confirmed dates
€2,540.-Register
Online Live virtual classroom 2 Aug - 6 Aug 2027
Confirmed dates
€1,250.-Register
Singapore 16 Aug - 20 Aug 2027
Confirmed dates
€2,820.-Register
Online Live virtual classroom 16 Aug - 20 Aug 2027
Confirmed dates
€1,250.-Register
London 6 Sept - 10 Sept 2027
Confirmed dates
€2,450.-Register
Online Live virtual classroom 6 Sept - 10 Sept 2027
Confirmed dates
€1,250.-Register
Rome 13 Sept - 17 Sept 2027
Confirmed dates
€2,450.-Register
Online Live virtual classroom 13 Sept - 17 Sept 2027
Confirmed dates
€1,250.-Register
Dubai 20 Sept - 24 Sept 2027
Confirmed dates
€3,150.-Register
Online Live virtual classroom 20 Sept - 24 Sept 2027
Confirmed dates
€1,250.-Register
Frankfurt 4 Oct - 8 Oct 2027
Confirmed dates
€2,650.-Register
Online Live virtual classroom 4 Oct - 8 Oct 2027
Confirmed dates
€1,250.-Register
Kuala Lumpur 18 Oct - 22 Oct 2027
Confirmed dates
€1,450.-Register
Online Live virtual classroom 18 Oct - 22 Oct 2027
Confirmed dates
€1,250.-Register
Paris 1 Nov - 5 Nov 2027
Confirmed dates
€2,860.-Register
Online Live virtual classroom 1 Nov - 5 Nov 2027
Confirmed dates
€1,250.-Register
Istanbul 15 Nov - 19 Nov 2027
Confirmed dates
€2,650.-Register
Online Live virtual classroom 15 Nov - 19 Nov 2027
Confirmed dates
€1,250.-Register
Cape Town 22 Nov - 26 Nov 2027
Confirmed dates
€1,890.-Register
Online Live virtual classroom 22 Nov - 26 Nov 2027
Confirmed dates
€1,250.-Register
Amsterdam 6 Dec - 10 Dec 2027
Confirmed dates
€2,540.-Register
Online Live virtual classroom 6 Dec - 10 Dec 2027
Confirmed dates
€1,250.-Register
Singapore 13 Dec - 17 Dec 2027
Confirmed dates
€2,820.-Register
Online Live virtual classroom 13 Dec - 17 Dec 2027
Confirmed dates
€1,250.-Register

Good to know

A few things to know.

How is the course delivered?

Our classroom programmes combine facilitated discussion, case studies, exercises and reflection. The precise format will be confirmed before enrolment.

Can you deliver this programme for our team?

Yes, you can enquire about a tailored programme. Share your goals, group size and preferred dates with our learning team.

Will I receive a certificate?

Participants who complete the programme receive a Smart Horizon certificate of attendance. Smart Horizon programmes are not externally accredited and do not award a professional qualification, licence or designation. Where a course title or outline refers to a professional certification (for example, AACE International's Certified Cost Professional), the programme supports learning and preparation only; the credential itself is awarded solely by the relevant professional body under its own application and examination requirements.

What should I confirm before booking travel?

Please confirm the session, exact venue, accessibility arrangements, fees and any visa requirements with the team before arranging travel. Tentative dates are not confirmed sessions.

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