Process Costing (Plan, Do)

The IBioIC - Led by industry, for industry.Our Centre is a unique facility relevant to all industry sectors for the development of biological substances, systems and processes to produce chemicals, materials and energy. By working collaboratively through partnership projects, commissioned projects, skills development and knowledge exchange, we aim to bring new products closer to commercial reality and deliver significant value to businesses and the economy in Scotland.

Industrial Biotechnology Innovation Centre

CPD opportunity from IBioIC - Feel as confident describing your product in terms of cost as you do its benefits.

Graham Hills Building (739), University of Strathclyde

Articulating the benefits of your product is something successful business owners and entrepreneurs can do easily, but how well do you understand your product from a cost perspective?Constructing a cost model will enable you to determine which of your costs are the most important to your business. Successful businesses use that knowledge to drive process development and optimisation, giving you the confidence you need to understand your profitability and answer the questions an investor will want to know.Process Costing (Plan, Do) is an entry level course (level 1 of 3) designed to introduce you to the concept of a cost model, the structure of a process cost, provide you with the tools to carry out basic cost calculations and begin to understand investment costs (Plan). You will be able to put these skills to the test in a business example, demonstrating how to apply the learning to your own product on return to work (Do). Find out about the Level 2 and 3 courses on our website.This course will be delivered by Technical Director, Dr Ian Archer in conjunction with our MSc in Industrial Biotechnology.For more information, please contact info@ibioic.comThe privacy notice for this event is available on the IBioIC <a href="http://www.ibioic.com/news_and_events/events/i3084/process_costing_level_1_plan_do.aspx" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">website</a>.Target Audience<ul><li>Scientists and engineers in industry who need to develop and/or optimise (bio)processes.</li></ul><ul><li>Those starting up new business ventures. </li></ul><ul><li>UG/PG students and postdocs working with industry or planning to in future.</li></ul>Course payable on confirmation of place £99 + VAT

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Process Costing (Plan, Do)

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