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Price, Cost and Value Management
01:30

Consumption Reduction

Consumption reduction eliminates or minimizes the quantity of goods or services used, and is a key cost-saving opportunity in purchasing. This course introduces a 5-step consumption reduction process and related activities.

Course Includes:
  • 1 Module
  • 4 Learning Activities
  • 8 Checkpoints
  • 1 Practice Point
  • 1 Quiz
  • 1 Downloadable, Practice Point Exercise
  • 1 Downloadable, Model Answer
  • 3 Downloadable, Infographics

Module summary:

  • Provides a definition of consumption reduction
  • Details the 5-step consumption reduction process
  • Shows how to identify and prioritize consumption reduction savings opportunities
  • Explains demand and demand drivers
  • Details consumption reduction strategies and actions

Module lesson titles:

  1. Consumption Reduction – Introduction and Process
  2. Consumption reduction opportunity analysis
  3. Demand and demand drivers
  4. Consumption reduction strategies and actions

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The options available for this course are below:

2 Months - $25.00

4 Months - $40.00

6 Months - $50.00 (Best Value)

Consumption Reduction (Single Course)

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