[Executive Workshop] Cost and Profitability Management with the new methodology Time-Driven Activity-Based Costing (TDABC)

The executive workshop „Cost and Profitability Management with the new methodology Time-Driven Activity-Based Costing (TDABC)“ will be held in Zagreb on February 21st 2017.

Early birds applications are open until December 31st 2016.

The increasing demand from companies/organizations in understanding their services and products true cost and profitability have created a gap that the new methodology Time-Driven Activity-Based Costing (TDABC) is helping to close and is providing top management with quality data that can support their operational decisions and strategic initiatives.

The TDABC methodology is being used for several strategic initiatives: to calculate the true cost and profitability per customer, product, service, sales channel; to review and align the pricing strategy; to support product-mix optimization and SKU´s rationalization; measuring capacity; processes improvement; shared services costing control; etc. For that reason TDABC is a fundamental management tool for strategy execution.

Upon completion of this wokshop, participant will be able to:

• Understand why companies need methods of cost management and profitability.
• Position TDABC among the different evolution levels of Cost Management.
• Understand the differences between traditional costing, Activity-Based Costing (ABC) and Time-Driven Activity-Based Costing (TDABC).
• Learn the main stages to build a TDABC model.
• Identify the main areas of application and benefits of TDABC.
• Acquire TDABC competences through practical exercises and case studies.
• Understand how to manage a TDABC project and its main challenges
• View TDABC fully implemented in a solution and understand the power of its results for strategy execution.

This event is exclusively designed to provide valuable insights for CFOs, CEOs, CIOs, COOs, Directors, Vice Presidents, Senior Managers, and Managers of:

• Management Control
• Profitability Analysis
• Product Costing
• Pricing Strategy
• Strategy Planning and Execution
• Business Development and Account Management
• Operational Management and Processes Optimization.

The trainer of this workshop is TDABC specialist Miguel Guimarães.

With a degree in Industrial Engineering and Management at Oporto University, Miguel started his career in the Automobile Industry following with an experience in Textiles. At the end of 2002 he began his career at Maersk Logistics, a leading company in Logistics and Supply Chain Management, collaborating in strategic projects in Portugal, Denmark and Holland. Founder and Partner of Cost and Profitability, Miguel is recognized as a TDABC specialist, having been invited, in 2009, to lecture next to Professor Kaplan in a conference for CFOs in Amsterdam. Since 2010, has been implementing TDABC in the Manufacturing, Oil & Gas, Logistics, Distribution, Healthcare, Social Services, Retail and Financial Services globally.
 

You can find the detailed schedule and application form of the seminar at the link below.

[Executive Workshop] Cost and Profitability Management with the new methodology Time-Driven Activity-Based Costing (TDABC)