Effective cost management

Controlling costs - active and data-based

This training is held in German.
In economically turbulent times, the ability of companies to change and adapt is essential for their survival. Effective cost management increases your return on sales and prepares you to take quick countermeasures even in crisis situations. In our training , we show you how to create greater transparency, identify potential savings and opportunities for improvement in your company and systematically increase your return on sales through effective cost management and intelligent use of data.

Contents

Classification of cost management

  • Starting points for cost management.
  • Determination of requirements and structuring.
  • Top performers versus low performers.
  • Target definition, planning, implementation.

Creation of the database

  • Data request - now and in the future.
  • Creating data transparency.
  • Consolidation of data into decision-relevant information.

Cost management instruments

  • Life-Cycle-Costing.
  • Target Costing.
  • Litigation costs.
  • Benchmarking.

Strategic cost management

  • Cost estimation of strategy decisions.
  • Estimation and analysis of influencing factors.
  • Customer-centered approach to cost management.
  • External, internal outsourcing versus insourcing.
  • Supply Chain Management.
  • Bundling of business processes.
  • Complexity and variant level.

Operational cost management

  • Target/actual comparisons of costs in the financial year.
  • Cost and key figure analysis.
  • Monitoring and controlling of costs.
  • Material, personnel and overhead costs.
  • Working capital.
  • Cash Cycle Time.
  • Performance reviews.

Establishing cost management in the company

  • Systematic approach.
  • Culture of cost awareness in the company.
  • Sustainable communication.
  • Implementation of initial optimizations and "quick wins".
  • Reporting and transparency.

Outlook for cost management

  • Process cost management.
  • Data mining and artificial intelligence in cost management.

Learning environment

In your online learning environment, you will find useful information, downloads and extra services for this qualification measure after you have registered.

Your benefit

  • You will learn about methods and instruments and their use and application in cost management.
  • You will learn how to systematically create greater cost transparency and receive information on direct savings potential and opportunities for improvement.
  • You will learn how you can achieve an increase in liquidity and earnings as well as more flexibility by optimizing the cost structure and implementing and controlling potential savings.
  • You gain an overall understanding of cost management and can use this knowledge to directly implement the first quick wins in the company, thereby creating greater acceptance for cost awareness.

trainer

Methods

Practical presentation, discussion, examples and case study work.

Recommended for

controllers, Employees from development, product management, purchasing, production, accounts payable management. No prior knowledge is required.

Open Badges - Show what you can do digitally too.

Open Badges are recognized, digital certificates of participation. These verifiable credentials are the current standard for integration in career networks such as LinkedIn.

With them, you digitally demonstrate the competences you possess. After successful completion, you will receive an Open Badge from us.

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Further recommendations for "Effective cost management"

Seminar evaluation for "Effective cost management"

4.4 from 5
with 10 ratings
training content:
4.2
Content comprehensibility:
4.5
Practical relevance:
4.2
Trainer expertise:
4.6
Participant orientation:
4.9
Method variety:
4.3
On-site training together
Booking number
33988
€ 1.490,- plus VAT
2 days
in Cologne
on 04.12.2025
German
In-person trainings
Joint online training
Booking number
32533
€ 1.490,- plus VAT
2 days
Online
2 Events
German
Live online events
Train several employees internally
Pricing upon request
  • Customized training courses according to your needs
  • Directly at your premises or online
  • Cost advantage from 5 participants
  • We contact you within 24 hours (Mon-Fri)
2 days
In-person or Online

Start dates and details

  Select time period
0 events
10.09.2025
Live-Online
Booking number: 32533
€ 1.490,- plus VAT.
€ 1,773.10 incl. VAT.
Course
zoom
zoom
Technical notes
We use various software to conduct our online events.
Days & Times
2 days

Wednesday, 10.09.2025

09:00 am - 5:00 pm

Thursday, 11.09.2025

09:00 am - 5:00 pm

04.12.2025
Cologne
Booking number: 33988
€ 1.490,- plus VAT.
€ 1,773.10 incl. VAT.
Venue
PLAZA Premium Hotel Köln
PLAZA Premium Hotel Cologne
Clevischer Ring 121-23, 51063 Cologne
Room rate: € 82,42 plus VAT.
Arrival via Deutsche Bahn
Train tickets to this event starting at € 51,90.
Days & Times
2 days

Thursday, 04.12.2025

09:00 am - 5:00 pm

Friday, 05.12.2025

09:00 am - 5:00 pm

Fee includes
The participation fee includes
  • one joint lunch per full seminar day,
  • Catering during breaks and
  • extensive working documents.
The participant will settle the hotel accommodation costs directly with the hotel. You will find a reservation form for hotel bookings in your learning environment.
16.03.2026
Live-Online
Booking number: 32533
€ 1.490,- plus VAT.
€ 1,773.10 incl. VAT.
Course
zoom
zoom
Technical notes
We use various software to conduct our online events.
Days & Times
2 days

Monday, 16.03.2026

09:00 am - 5:00 pm

Tuesday, 17.03.2026

09:00 am - 5:00 pm

Sufficient places are still free.
Don't wait too long to book.
Fully booked.
The next booking ensures this course will take place
Booking number: 33988
€ 1.490,- plus VAT.
€ 1,773.10 incl. VAT.
Details
2 days
Fee includes
The participation fee includes
  • one joint lunch per full seminar day,
  • Catering during breaks and
  • extensive working documents.
The participant will settle the hotel accommodation costs directly with the hotel. You will find a reservation form for hotel bookings in your learning environment.
Booking number: 32533
€ 1.490,- plus VAT.
€ 1,773.10 incl. VAT.
Details
2 days
Book later
You are welcome to make a non-binding advance reservation.
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Also bookable as in-house training
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