Overview
Key facts
Flexible manufacturing gives companies an edge as it adjusts to customers demand for greater variety, faster product introduction, and shorter product life cycles, while maintaining a consistently high product quality. This competitive edge can turn into competitive advantage if cost is kept low at the same time and pricing set at a competitive level. However, investment in Advanced Manufacturing does not come low and justifying it may pose a challenge for Management. Nanyang Technological University's Accounting and Finance for Advanced Manufacturing course provides an Overview of Manufacturing Accounting, Discuss the Cost Impact from adoption of Advanced Manufacturing, Explores Issues affecting the Investment Decision and Introduces the Techniques to evaluate it. Finally, it recommends using an Activity Based Costing System to track and refine product costing, to allow companies to make better pricing decisions for more competitive wins in the market place.
Programme Structure
Courses include:
- Actual vs Standard Costing
- Inventory Valuation (Marginal vs Full Absorption)
- Manufacturing Variances in Standard Costing
- Significant Manufacturing Cost Items to Watch
- Cost Reductions (Sourcing, Prcxiuctivity, Efficiencies)
Key information
Duration
- Full-time
- 2 days
Start dates & application deadlines
- Starting
- Apply before
-
- StartingApplication deadline not specified.
Language
Delivered
Disciplines
Finance Accounting Production and Manufacturing Engineering View 37 other Short Courses in Finance in SingaporeAcademic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
We are not aware of any English requirements for this programme.
Other requirements
General requirements
- Plant Managers, Operations/Technical Managers, Plant Engineers & Business Analysts.
Tuition Fee
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International
842 SGD/fullTuition FeeBased on the tuition of 842 SGD for the full programme during 2 days. -
National
842 SGD/fullTuition FeeBased on the tuition of 842 SGD for the full programme during 2 days.
- Course Fee: S$842.40
Living costs for Singapore
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.