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Bring a strategic dimension to managing your costs


Strategic Cost Management

You would like to keep costs down? If so, you must keep         For whom?
yourself also in check. In this programme we share with
you the most recent developments in cost control and cost       •	 As a financial expert, you seek to gain in-depth knowledge
management.                                                        of cost management.
                                                                •	 You are an accountant, controller, financial manager,
We tackle concepts such as Activity Based Costing, Total           production manager or management consultant.
Cost of Ownership and Customer Profitability.
                                                                Added value for you and your company
And we analyse: How do you apply those concepts in
the day-to-day operation of your business, and which            •	 You will be confident and comfortable in applying
instruments and techniques are efficient and feasible in this      Activity Based Costing (ABC).
context?                                                        •	 You will know everything on Time-Driven Activity Based
                                                                   Costing, the latest off-shoot of ABC.
                                                                •	 You will be able to analyse and assess the profitability of
                                                                   products, customers and markets by way of the Theory
                                                                   of Constraints, Customer Profitability and Total Cost of
                                                                   Ownership.




                                                                                                   Our inspiring campuses
Programme design                                                                    Uw keynote sprekers

You are provided with a strong mix of skills: the latest techniques, lectures by    •	 Prof Filip Roodhooft teaches
management practitioners and case studies from a variety of sectors.                   Accounting & Control. As Research
                                                                                       Dean he is closely involved with many
And there is more: the exercises provided enable you to fully master the ABC           research projects. In addition he
technique. Our guest speakers always keep their finger on the pulse in the field       specialises in Management Accounting
of cost management and the application of ABC systems in top companies.                and Total Cost of Ownership.
                                                                                    •	 Prof Regine Slagmulder is professor
Module 1: Introduction to Strategic Cost Management                                    of Accounting & Control. Her courses
                                                                                       and research revolve around the links
•	 In-depth review of proven and emerging techniques for strategic cost                between Performance Management
   management                                                                          systems and corporate strategies, and
•	 The art of Activity Based Costing (ABC)                                             topics like Strategic Cost Management,
•	 Assessing in detail the real cost of every item produced or any service             Performance Management and
   delivered through ABC as an advanced Management Accounting System                   Balanced Scorecard.
•	 Special lecture by an invited practitioner on implementing ABC
                                                                                    PRACTICAL INFO
Module 2: Customer Profitability Analysis
                                                                                    Dates and venues
•	 Analysis and assessment of the profitability of products, customers and          4 days
   markets, based on cost information                                               Leuven Campus: 16, 17, 23, 24 May 2013
•	 Identification of which costs are generated by which customers, with a view to
   improving and optimising profitability, using Customer Profitability Analysis    Language
•	 Setting and reaching cost objectives in various product design stages through    English
   Target Costing
                                                                                    Fee
Module 3: Time-Driven Activity Based Costing                                        € 3,095 (excl. 21% VAT)

•	 Time-Driven Activity Based Costing, the latest take on ABC: the technique,
   its advantages and drawbacks, real-life examples, etc.
•	 Theory of Constraints: the famous method for maximising operational
   income under constraints in the chain of production
•	 Practical applications of the Theory of Constraints

Module 4: Total Cost of Ownership


•	 Analysis and evaluation of prime cost components of products or services
   purchased, leveraging the concept of Total Cost of Ownership (TCO)
•	 Full transparency of the total prime cost of products and services purchased,
   and control over your purchasing process
•	 Mapping of all the visible and hidden costs of products and services through
   their entire life cycles
•	 Development and implementation of a TCO model


                                                                                    Apply now!

                                                                                    Please see Practical Info on the following
                                                                                    page, or visit:
                                                                                     www.vlerick.com/cost-management
PRACTICAL INFO

Registration                                              Online registration: quick & easy!

Action! Register online.

Questions? Please contact:
Vincent Bagué
Group Product Manager
T: + 32 9 210 97 81
F: + 32 9 210 97 28
vincent.bague@vlerick.com
Reep 1
9000 Ghent, Belgium

Your certificate

If you take part in one of our programmes, you are        Register online via:
entitled to a certificate from Vlerick Business
School.                                                   www.vlerick.com/
                                                          accounting-finance
If you successfully complete an Executive Master Class,
you can join the Vlerick Alumni Network, a worldwide
network of over 16,000 alumni in more than 100            Financial benefits for you?
countries.
                                                          •	 10% discount for paying members of Vlerick Alumni
Cancellation                                              •	 SME portfolio: subsidies for Flemish SMEs.
                                                          •	 Vlerick Social Profit Grants for organisations active in
Consult our cancellation conditions at:                      the social profit sector.
www.vlerick.com/conditions
                                                          You’ll find more info at: www.vlerick.com/benefits
Our team is here for you


             Vincent Bagué
             Group Product Manager
             T: + 32 9 210 97 81
             vincent.bague@vlerick.com


             Rian De Bruycker
             Programme Advisor
             T: + 32 9 210 98 84
             rian.debruycker@vlerick.com
Application form
Accounting & Finance


    EXECUTIVE EDUCATION AND RESEARCH IN 2012-2013



    ACCOUNTING & FINANCE
                                                        Yes, I wish to apply for the following programme(s):

                                                          	 Financial Management for Non-Financial Managers	 	 Valuation of Companies
                                                          	 Understanding Annual Reports	                           	 Executive Master Class in Controllership
                                                          	 Mastering Costs and Budgets	                            	 Executive Master Class in Corporate Finance
                                                          	 Fundamentals of Financial Management	                   	 Executive Master Class in Financial Analysis
                                                          	 Strategic Cost Management	                             	 and Asset Management
    ENGLISH
                                                        			
                                                        	     	 In addition, I wish to receive more information on the management programmes of
                                                        		 Vlerick Business School that I have ticked on the reverse side of this form.

Name                                                                                           First name                                                                 M          F  

Function  

Company

Company address                                                                                                                                    N°                   bus

Postal code                                                               City

Country

Telephone                                                                                                       Fax  

E-mail
	                     	 Yes, I would like to stay up-to-date about the activities of Vlerick Business School via e-mail.
	                     	 No, I do not want to receive information about the activities of Vlerick Business School via e-mail.

Home address                                                                                                                                       N°                   bus

Postal code                                                               City

Country

Home telephone

Invoice to be addressed to:

Name                                                                                           First name                                                               M          F  

(Only fill the section below if different from company address above)

Address                                                                                                                                            N°                   bus

Postal code                                                               City

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VAT n°

	                     	 I am paying member of Vlerick Alumni and enjoy a 10% reduction on this programme

Date                                                -    -                       Signature



Please return this form BY FAX OR POST to:

Vlerick Business School, attn. Vincent Bagué,                                                            Your contact details will be stored in a database of Vlerick Business School for
Reep 1, 9000 Ghent, Belgium, fax + 32 9 210 97 28                                                        the purpose of keeping you updated on our activities. Pursuant to the Belgian
vincent.bague@vlerick.com                                                                                Law on privacy (Wet tot bescherming van de persoonlijke levenssfeer ten
                                                                                                         opzichte van de verwerking van persoonsgegevens) of 8 December 1992 you
You can also apply online at                                                                             are entitled to inspection and correction of data related to you as kept by
www.vlerick.com/accounting-finance                                                                       Vlerick Business School.
THE Programmes of
vlerick BUSINESS school

I would like to receive information on the following programmes (please tick).
Please return your contacting details to us by fax, e-mail or post.



General Management                                                  Operations & Supply Chain Management
 	 Advanced Management Programme E                                   	 Project Management D
 	 International Management Programme E                              	 Purchasing Management E
 	 Middle Management Programme D                                     	 Operational Excellence E
 	 Young Management Programme D & E                                  	 Executive Master Class in Supply Chain Management E

Accounting & Financial Management                                   Entrepreneurship
 	 Understanding Annual Reports D & E                                	 KMO Challenge D
 	 Mastering Costs and Budgets D & E                                 	 KMO Excellence D
 	 Fundamentals of Financial Management   D & E                      	 Entrepreneurship for Managers   D
 	 Strategic Cost Management E
 	 Valuation of Companies E                                         People Management & Leadership
 	 Executive Master Class in Controllership E                        	 The People Manager D
 	 Executive Master Class in Corporate Finance   E                   	 Executive Decision Making   D
 	 Executive Master Class in Financial Analysis                      	 How to Improve Your Emotional Intelligence   D
	 and Asset Management E                                             	 Inspiring for Change D
                                                                     	 Negotiating to Create Value D & E
Human Resource Management                                            	 Self-mastery D
 	 HRM with Impact D                                                 	 Bestsellers read for you D
 	 Compensation & Benefits D
 	 Executive Master Class in Human Resource Management        D     Strategy
                                                                     	 Strategy in Action   E
ICT & Business Process Management
 	 ICT-Management D                                                 Executive Master Classes
 	 Business Process Management Workshop D & E                        	 Executive Master Class in B-to-B Marketing and Sales E
 	 Excellence in Business Process Improvement E                      	 Executive Master Class in Business Process Management E
 	 Executive Master Class in Business Process Management      E      	 Executive Master Class in Controllership E
 	 Business Intelligence Workshop E                                  	 Executive Master Class in Corporate Finance   E
                                                                     	 Executive Master Class in Financial Analysis
Innovation Management                                               	 and Asset Management E
  	 Strategising for Innovation E                                    	 Executive Master Class in Human Resource Management D
  	 Entrepreneurial Innovation E                                     	 Executive Master Class in Innovation & Entrepreneurship E
  	 Corporate Innovation Management E                                	 Executive Master Class in Supply Chain Management E
  	 Executive Master Class in Innovation & Entrepreneurship   E
                                                                    MBAs
Marketing & Sales                                                    	 Full-time MBA   E
 	 Introduction to Marketing Management D                            	 Executive MBA E
 	 Retail & Trade Marketing D                                        	 Executive MBA in Financial Services & Insurance   E
 	 Brand Management & Communication D
 	 Product Management D                                             Masters
 	 Strategic Business-to-Business Marketing D                        	 Masters in Financial Management   E
 	 Executive Master Class in B2B Marketing and Sales   E             	 Masters in General Management E
                                                                     	 Masters in Marketing Management E


D   	 Programme in Dutch            E   	 Programme in English




More information on www.vlerick.com

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Brochure Strategic cost management

  • 1. Bring a strategic dimension to managing your costs Strategic Cost Management You would like to keep costs down? If so, you must keep For whom? yourself also in check. In this programme we share with you the most recent developments in cost control and cost • As a financial expert, you seek to gain in-depth knowledge management. of cost management. • You are an accountant, controller, financial manager, We tackle concepts such as Activity Based Costing, Total production manager or management consultant. Cost of Ownership and Customer Profitability. Added value for you and your company And we analyse: How do you apply those concepts in the day-to-day operation of your business, and which • You will be confident and comfortable in applying instruments and techniques are efficient and feasible in this Activity Based Costing (ABC). context? • You will know everything on Time-Driven Activity Based Costing, the latest off-shoot of ABC. • You will be able to analyse and assess the profitability of products, customers and markets by way of the Theory of Constraints, Customer Profitability and Total Cost of Ownership. Our inspiring campuses
  • 2. Programme design Uw keynote sprekers You are provided with a strong mix of skills: the latest techniques, lectures by • Prof Filip Roodhooft teaches management practitioners and case studies from a variety of sectors. Accounting & Control. As Research Dean he is closely involved with many And there is more: the exercises provided enable you to fully master the ABC research projects. In addition he technique. Our guest speakers always keep their finger on the pulse in the field specialises in Management Accounting of cost management and the application of ABC systems in top companies. and Total Cost of Ownership. • Prof Regine Slagmulder is professor Module 1: Introduction to Strategic Cost Management of Accounting & Control. Her courses and research revolve around the links • In-depth review of proven and emerging techniques for strategic cost between Performance Management management systems and corporate strategies, and • The art of Activity Based Costing (ABC) topics like Strategic Cost Management, • Assessing in detail the real cost of every item produced or any service Performance Management and delivered through ABC as an advanced Management Accounting System Balanced Scorecard. • Special lecture by an invited practitioner on implementing ABC PRACTICAL INFO Module 2: Customer Profitability Analysis Dates and venues • Analysis and assessment of the profitability of products, customers and 4 days markets, based on cost information Leuven Campus: 16, 17, 23, 24 May 2013 • Identification of which costs are generated by which customers, with a view to improving and optimising profitability, using Customer Profitability Analysis Language • Setting and reaching cost objectives in various product design stages through English Target Costing Fee Module 3: Time-Driven Activity Based Costing € 3,095 (excl. 21% VAT) • Time-Driven Activity Based Costing, the latest take on ABC: the technique, its advantages and drawbacks, real-life examples, etc. • Theory of Constraints: the famous method for maximising operational income under constraints in the chain of production • Practical applications of the Theory of Constraints Module 4: Total Cost of Ownership • Analysis and evaluation of prime cost components of products or services purchased, leveraging the concept of Total Cost of Ownership (TCO) • Full transparency of the total prime cost of products and services purchased, and control over your purchasing process • Mapping of all the visible and hidden costs of products and services through their entire life cycles • Development and implementation of a TCO model Apply now! Please see Practical Info on the following page, or visit: www.vlerick.com/cost-management
  • 3. PRACTICAL INFO Registration Online registration: quick & easy! Action! Register online. Questions? Please contact: Vincent Bagué Group Product Manager T: + 32 9 210 97 81 F: + 32 9 210 97 28 vincent.bague@vlerick.com Reep 1 9000 Ghent, Belgium Your certificate If you take part in one of our programmes, you are Register online via: entitled to a certificate from Vlerick Business School. www.vlerick.com/ accounting-finance If you successfully complete an Executive Master Class, you can join the Vlerick Alumni Network, a worldwide network of over 16,000 alumni in more than 100 Financial benefits for you? countries. • 10% discount for paying members of Vlerick Alumni Cancellation • SME portfolio: subsidies for Flemish SMEs. • Vlerick Social Profit Grants for organisations active in Consult our cancellation conditions at: the social profit sector. www.vlerick.com/conditions You’ll find more info at: www.vlerick.com/benefits Our team is here for you Vincent Bagué Group Product Manager T: + 32 9 210 97 81 vincent.bague@vlerick.com Rian De Bruycker Programme Advisor T: + 32 9 210 98 84 rian.debruycker@vlerick.com
  • 4. Application form Accounting & Finance EXECUTIVE EDUCATION AND RESEARCH IN 2012-2013 ACCOUNTING & FINANCE Yes, I wish to apply for the following programme(s): Financial Management for Non-Financial Managers Valuation of Companies Understanding Annual Reports Executive Master Class in Controllership Mastering Costs and Budgets Executive Master Class in Corporate Finance Fundamentals of Financial Management Executive Master Class in Financial Analysis Strategic Cost Management and Asset Management ENGLISH In addition, I wish to receive more information on the management programmes of Vlerick Business School that I have ticked on the reverse side of this form. Name First name M F Function Company Company address N° bus Postal code City Country Telephone Fax E-mail Yes, I would like to stay up-to-date about the activities of Vlerick Business School via e-mail. No, I do not want to receive information about the activities of Vlerick Business School via e-mail. Home address N° bus Postal code City Country Home telephone Invoice to be addressed to: Name First name M F (Only fill the section below if different from company address above) Address N° bus Postal code City Country VAT n° I am paying member of Vlerick Alumni and enjoy a 10% reduction on this programme Date - - Signature Please return this form BY FAX OR POST to: Vlerick Business School, attn. Vincent Bagué, Your contact details will be stored in a database of Vlerick Business School for Reep 1, 9000 Ghent, Belgium, fax + 32 9 210 97 28 the purpose of keeping you updated on our activities. Pursuant to the Belgian vincent.bague@vlerick.com Law on privacy (Wet tot bescherming van de persoonlijke levenssfeer ten opzichte van de verwerking van persoonsgegevens) of 8 December 1992 you You can also apply online at are entitled to inspection and correction of data related to you as kept by www.vlerick.com/accounting-finance Vlerick Business School.
  • 5. THE Programmes of vlerick BUSINESS school I would like to receive information on the following programmes (please tick). Please return your contacting details to us by fax, e-mail or post. General Management Operations & Supply Chain Management Advanced Management Programme E Project Management D International Management Programme E Purchasing Management E Middle Management Programme D Operational Excellence E Young Management Programme D & E Executive Master Class in Supply Chain Management E Accounting & Financial Management Entrepreneurship Understanding Annual Reports D & E KMO Challenge D Mastering Costs and Budgets D & E KMO Excellence D Fundamentals of Financial Management D & E Entrepreneurship for Managers D Strategic Cost Management E Valuation of Companies E People Management & Leadership Executive Master Class in Controllership E The People Manager D Executive Master Class in Corporate Finance E Executive Decision Making D Executive Master Class in Financial Analysis How to Improve Your Emotional Intelligence D and Asset Management E Inspiring for Change D Negotiating to Create Value D & E Human Resource Management Self-mastery D HRM with Impact D Bestsellers read for you D Compensation & Benefits D Executive Master Class in Human Resource Management D Strategy Strategy in Action E ICT & Business Process Management ICT-Management D Executive Master Classes Business Process Management Workshop D & E Executive Master Class in B-to-B Marketing and Sales E Excellence in Business Process Improvement E Executive Master Class in Business Process Management E Executive Master Class in Business Process Management E Executive Master Class in Controllership E Business Intelligence Workshop E Executive Master Class in Corporate Finance E Executive Master Class in Financial Analysis Innovation Management and Asset Management E Strategising for Innovation E Executive Master Class in Human Resource Management D Entrepreneurial Innovation E Executive Master Class in Innovation & Entrepreneurship E Corporate Innovation Management E Executive Master Class in Supply Chain Management E Executive Master Class in Innovation & Entrepreneurship E MBAs Marketing & Sales Full-time MBA E Introduction to Marketing Management D Executive MBA E Retail & Trade Marketing D Executive MBA in Financial Services & Insurance E Brand Management & Communication D Product Management D Masters Strategic Business-to-Business Marketing D Masters in Financial Management E Executive Master Class in B2B Marketing and Sales E Masters in General Management E Masters in Marketing Management E D Programme in Dutch E Programme in English More information on www.vlerick.com