Minopsistech's training course you will receive practical experience on working with various kinds of budgets

The budget is the company's centerpiece. Creating a budget skillfully is one of the most common requirements of economists at the various organizations.

The budget has a pivotal role, therefore, to create it efficiently one should understand processes and forecasts generation, both in terms of revenues and expenses.

The method:

With Minopsistech's training course you will receive practical experience on working with various kinds of budgets. The experience includes, amongst others:

  • Preparing sales forecasts for the full range of business activity.
  • Preparing expenses forecasts including production-arrangement forecast – Kpi. The operational indexes covered in the program are those that are tested across the industrial sector, including Microsoft, Intel, Apple, Tower, Boeing, Coca Cola, Toyota, Unilever, Sony, Nestlé, SAP and IBM.
  • Acquisition forecasts – understanding and applying the connection between BOM, production arrangement and more.
  • Production supervision reports and conduct.
  • P&L reports production.

Control processes in budgetary control companies.

 

The requirements:

For every company, the need to run control on its own forecasts in order to deduce the nature of the gap.

The method:

Minopsistech's training program includes both operational and financial control, also for the high-tech industry. See description below:

Operational control – a pivotal control for the industrial world and an indispensable part of the industrial companies. The control being studied is used for a wide spectrum of companies, including: Microsoft, Intel, Apple, Tower, Boeing, Coca Cola, Toyota, Unilever, Sony, Nestlé, SAP and IBM.

The significance of the operational control:

  • One of the key expenses of a production firm is the sale cost, which is impacted by production. The production structure is impacted by many elements, including inventory, sales and production.
  • The goal of the operational control is to raise red flags and identify weak spots.
  • Financial control – identifying sales gaps, mixtures gap, exchange-rate gaps in an automatic manner and more.