FUNDAMENTALS OF PLAN & BUDGETS FOR MANUFACTURING BUSINESS

2 DAYS TRAINING

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Introduction:

A manufacturing system must have three basic components: Inputs – raw materials or parts that will be used in the manufacturing process. Processes – the methods and techniques used to transform the inputs into the desired output. Outputs – the products or services that are created as a result of manufacturing.

Budgeting is crucial and essential for manufacturing companies because:
1- Helps in Setting Realistic Goals
2- Enables Efficient Resource Allocation
3- Facilitates Timely & Effective Decision-Making

Learning Objectives:

Strategic Insights on Plan & Budget Process, Environment, People, System and Communications.

Working Capital Cash Flows Blind Spots

Capturing Direct, Indirect Costs & Optimising Key Financial Performance Value Drivers

HRDC Certificate Of Attendance:

Yes

Target Audience:

Finance & Non-Finance in Manufacturing Entity

Methodology:

Face to Face

Presentations

Group Activities

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