Executive Certificate in Lean Management and Cost Estimation in Production

Tuesday, 17 February 2026 20:27:53

International applicants and their qualifications are accepted

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Overview

Overview

Lean Management

is a methodology that aims to minimize waste and maximize efficiency in production processes. This Executive Certificate in Lean Management and Cost Estimation in Production is designed for senior executives and production managers who want to optimize their operations and reduce costs.

By learning Lean principles and cost estimation techniques, participants will gain a deeper understanding of how to streamline production processes, reduce waste, and improve profitability.

The program covers topics such as value stream mapping, total productive maintenance, and cost estimation methods, providing participants with the tools they need to make data-driven decisions and drive business growth.

Whether you're looking to improve your company's bottom line or simply stay ahead of the competition, this Executive Certificate program is an excellent choice.

Don't miss out on this opportunity to take your production management skills to the next level. Explore the program further and discover how Lean Management and Cost Estimation in Production can help you achieve your business goals.

Lean Management is the backbone of efficient production processes, and our Executive Certificate in Lean Management and Cost Estimation in Production is designed to equip you with the skills to excel in this field. By mastering Lean Management principles, you'll learn to streamline workflows, reduce waste, and enhance productivity. This course also delves into cost estimation techniques, enabling you to accurately forecast production costs and make informed business decisions. With Lean Management expertise, you'll enjoy career prospects in various industries, including manufacturing, logistics, and supply chain management. Our course offers a unique blend of theoretical knowledge and practical tools.

Entry requirements

The program operates on an open enrollment basis, and there are no specific entry requirements. Individuals with a genuine interest in the subject matter are welcome to participate.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

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• Value Stream Mapping (VSM)
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• Lean Principles and Tools
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• Cost Estimation Techniques
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• Production Planning and Control
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• Supply Chain Management
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• Total Productive Maintenance (TPM)
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• Quality Management Systems
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• Statistical Process Control (SPC)
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• Six Sigma Methodology
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• Project Management in Manufacturing

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:
1 month (Fast-track mode): £140
2 months (Standard mode): £90

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

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Awarding body

 The programme is awarded by London School of International Business. This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regulated by an authorised institution/ body.

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  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
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Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about Executive Certificate in Lean Management and Cost Estimation in Production

The Executive Certificate in Lean Management and Cost Estimation in Production is a specialized program designed for professionals seeking to enhance their knowledge in lean manufacturing and cost estimation techniques.
This program focuses on teaching participants how to apply lean principles to optimize production processes, reduce waste, and increase efficiency.
Through a combination of theoretical and practical training, participants will learn how to identify and eliminate non-value-added activities, implement just-in-time production systems, and optimize inventory management.
The program also covers cost estimation methods, including activity-based costing, bottom-up costing, and top-down costing, enabling participants to accurately estimate production costs and make informed business decisions.
Upon completion of the program, participants will be able to apply lean management and cost estimation techniques to improve production processes, reduce costs, and increase competitiveness in the market.
The program is typically offered over a period of 6-12 months, with flexible scheduling options to accommodate the needs of working professionals.
The Executive Certificate in Lean Management and Cost Estimation in Production is highly relevant to industries such as manufacturing, aerospace, automotive, and healthcare, where lean principles and cost estimation techniques can have a significant impact on operational efficiency and profitability.
By completing this program, participants can enhance their career prospects, improve their skills, and contribute to the success of their organizations in a rapidly changing business environment.
The program is designed for experienced professionals looking to advance their careers or start new roles in lean management and cost estimation, as well as those interested in improving their knowledge and skills in these areas.
The Executive Certificate in Lean Management and Cost Estimation in Production is offered by leading institutions and organizations, providing participants with a recognized and respected qualification that is highly valued by employers.
Upon completion of the program, participants will receive a recognized Executive Certificate, demonstrating their expertise in lean management and cost estimation, and enhancing their credibility and reputation in the industry.

Why this course?

Executive Certificate in Lean Management and Cost Estimation in Production holds significant importance in today's market, particularly in the UK. According to a survey by the Chartered Institute of Purchasing and Supply (CIPS), 75% of UK businesses have implemented lean principles to improve efficiency and reduce costs. Moreover, a report by the UK's Office for National Statistics (ONS) states that the manufacturing sector accounts for approximately 10% of the UK's GDP, with a significant focus on cost estimation and production planning.
Year Number of Businesses Implementing Lean Principles
2015 45%
2018 60%
2020 75%

Who should enrol in Executive Certificate in Lean Management and Cost Estimation in Production ?

Ideal Audience for Executive Certificate in Lean Management and Cost Estimation in Production This programme is designed for senior-level professionals in the manufacturing sector, particularly those in production and supply chain management roles, who wish to enhance their skills in lean management and cost estimation.
Key Characteristics: Typically, participants have 5+ years of experience in a production or supply chain environment, with a strong understanding of manufacturing principles and processes. They are often responsible for managing budgets, leading teams, and driving process improvements.
Industry Focus: The programme is particularly relevant to industries such as automotive, aerospace, pharmaceuticals, and food manufacturing, where lean management and cost estimation are critical to competitiveness and profitability. In the UK, for example, the manufacturing sector accounts for around 10% of GDP, with a workforce of over 2.8 million people.
Learning Outcomes: Upon completion of the programme, participants will gain a deep understanding of lean management principles and practices, as well as advanced skills in cost estimation and budgeting. They will be able to apply these skills to drive process improvements, reduce costs, and increase efficiency in their organisations.