CII Himachal Pradesh State Council along with the Department of Industries, Government of Himachal Pradesh organized a Seminar on Total Cost Management on 21 March 2013 at Kala-Amb. Mr Nagesh Babu, a Senior Counselor at CII Total Cost Management Division, Hyderabad was the resource person for this seminar.
During the seminar, Participant were apprised of the following Cost Management tools and methods :
• knowledge on the techniques for effective cost management and increased profitability
• Activity Based Costing (ABC), Activity Based management (ABM), Target Costing (TC), Balanced Score Card etc.
• Holistic framework to control, reduce and eliminate costs
• TCM Tools – TCO / Target Costing / Material Balance