Many manufacturing companies have
had to undergo a full operational review to keep up
with technologies that are changing at "Internet
speed" and product life cycles that are getting
shorter.
ILX Manufacturing
Clients
DuPont
Nestlé
Leica
Pirelli
Rolls
Royce
Unilever
These operational reviews and the requirement
to boost the bottom line after 9/11 have highlighted the
need for the restructuring and a modernisation of manufacturing
processes and practices.
The need for an increased drive in productivity
and reduced operational and unit costs has seen an increase
in investment in new manufacturing capacity, a huge increase
in outsourcing and an overhaul of supplier bases and working
practices.
This stream-lining of the manufacturing
industry has drawn attention to the need for managers within
the manufacturing industry to be able to understand the
financial implications of every business decision they make.
Intellexis has put together the following
set of courses to raise the commercial awareness of the
individual manager and the organisation as a whole.
Key Advantages to Manufacturing Industry Managers Understanding
Finance
Understand the role of the financial statements in controlling
and measuring business performance.
Understand how financial ratios can be used to diagnose
and improve operating performance.
Understand the techniques for analyzing the financial
impact or feasibility of projects involving large capital
expenditures.
Understand the calculation of profit margin and its
relevance to benchmarking performance in different industries.
Learn how to apply working capital and fixed asset ratios
to analyze performance trends and identify opportunities
for improvement.
Understand why and how RONA is the integrated measure
of operating performance for a business.
Learn how effective budgeting can increase the performance
of your company.
Financial Fundamentals is suitable for
managers and business professionals in any company providing
the basic introduction necessary to understanding finance
in business. It explains clearly and concisely the principles
underlying the recording of financial data. In addition
the financial statement are analyzed to provide basic costing
information, vital to many managerial decisions.
Curriculum
Finance for Managers: Financial
Fundamentals
Duration
8.5 - 11 hours
Audience
Managers, prospective managers, and
anyone else within an organisation involved in making
business decisions.
Aims and Objectives
To Provide a thorough grounding in
the basics of financial accounting and the principles
underlying the recording of financial data.
Operational Analysis explains how static, documented company
information can be turned into practical financial ratios
which are vital when making business decisions. These ratios
can be used to measure past performance and to project future
performance, leading to more effective business decisions.
This training course is suitable for managers and business
professionals in any company and presents the information
needed in a clear, concise and logical manner.
Curriculum
Finance for Managers: Operational
Analysis
Duration
9 - 11 hours
Audience
Managers, prospective managers, and
anyone else within an organisation involved in making
business decisions.
Aims and Objectives
To explain how static, documented
company information can be turned into practical financial
ratios that are invaluable whn making decisions.
Budgeting is perhaps one of the most time-consuming activities
undertaken by managers. It is imperative that managers have
a good understanding of how to carry out their budgeting
and how it fits within the objectives of their organization.
Curriculum
Introduction to Budgeting
Duration
5.5 - 7.5 hours
Audience
Managers, prospective managers, and
anyone else within an organisation involved in making
business decisions.
Aims and Objectives
To provide a good understanding of
one of the most time-consuming processes undertaken
by managers. Demonstrates how to budget and how budgeting
fits within the objectives of the organisation.
For further information please submit an Information
Request form, Email
us or contact us by telephone on +44 (0)20 7371 4444,quoting the reference manufacturing.