Learn about operational expenditure (OPEX) and understand how to calculate and manage it in this detailed training by Strategic Axis.
DurationLearn about operational expenditure (OPEX) and understand how to calculate and manage it in this detailed training by Strategic Axis.
Learning Outcomes:
- OPEX is the cost that a business incurs while turning its inventory into an end product.
- OpEx is also known as operating expenditure, revenue expenditure or an operating expense.
- Expenses can range from the ink used to print documents to the wages paid to employees.
- If the Opex is too high, a company can quickly lose money
- The Internal Revenue Service (IRS) allows businesses to deduct operating expenses if the company functions to earn profit
- Much more
Strategic Axis is a leading training and consultancy firm offering effective strategic consultancy and training to ensure great success to organizations and employees.
Approach:
- Acting as a catalyst for driving and bolstering growth
- Innovation-driven and technologically enhanced Management training
There are 4 key modules which will be covered in this workshop namely as 'cost estimation and control, basic cost engineering, project management and engineering economics. It also includes the basic overview of total cost management framewo
You will be able to understand basic and applied economic analysis concepts, track cost, control cost, understand Project planning and Management, learn about contract management and so much more.
'This seminar addresses key questions and look at some fundamental and also advanced management accounting techniques used in modern enterprises. The aim is to equip business managers and management accounting with necessary tools and knowle
Cost control is one of the most widely used tool for planning and monitoring organizational activities, as well as to support future strategic decision. Importantly, cost analysis is inextricably linked with strategy formulation, the budgeta
This course is designed to give the participants a detailed understanding of the broad field of cost engineering and cost management. Key areas of cost management is covered by discussing the process of controlling and planning the resources
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