CII - Total Cost Management Division (TCM)
Training Programme On
Cost and Profit Management in the Competitive Business era
14 March 2025, CII – Godrej GBC, Hyderabad
Cost and Profit in the post-Covid era is a complex paradigm of customer/market uncertainty, volatile input prices, customer price points, and inflationary trends. Business forecasts and profit projections are getting tougher on account of geo-political and geo-economic contexts.
Offering a value-based product, at a competitive price and at the best cost is a competitive advantage for a business.
Cost economic business strategies, efficiency value chain, economical product design, efficient product/customer delivery are key pointers for achieving the desired competitive advantage.
With this background, the Confederation of Indian Industry has established the Total Cost Management Division to offer a gamut of knowledge and solutions to industries on their journey to achieve the cost and competitive advantage in their industries.
The Indian Industry has evolved from a simplistic ‘cost-plus pricing structure’ to a ‘competitive product pricing era’, where the market determines prices. CII TCM Division believes that ‘connecting business to costs’ is the best way of managing cost and profitability paradigm and eventually achieve the aspirational strategic intent of ‘growth with profit’.
Objectives
To disseminate knowledge, techniques and methods for effective cost management and increased profitability in businesses.
To incubate and upskill managerial personnel on ‘Total Cost Management’ domain.
Exposure to best-in-class case studies of blue-chip companies who are practitioners of TCM.
To help provide a holistic framework to map, control, reduce and eliminate costs.
Topics to be covered
Target Audience
The training program has been designed mainly for both finance and non-finance professionals at mid-level managerial band.
Faculty
The faculty for the training program will be professionals from CII-TCM Division. The faculty has over 30 years of industry / consulting experience across industries with exposure to over 500 companies.
