CMA Knowledge Partner at CII-TCM Cost Congress in Chennai

Tuesday, 29 November 2016 00:21 - - {{hitsCtrl.values.hits}}

The Institute of Certified Management Accountants of Sri Lanka signed an MOU in March this year with the Confederation of Indian Industry Total Cost Management Division to implement Total Cost Management and Maturity Model for Sri Lankan industries in association with the Institute of Certified Management Accountants of Sri Lanka (CMA) the National Professional Management Accounting Body in Sri Lanka incorporated by an Act of Parliament.

CMA is a member of the International Federation of Accountants (IFAC) the Global Accounting Body. They are also members of the South Asian Federation of Accountants (SAFA) and the Confederation of Asian and Pacific Accountants (CAPA).

The Cost Congress will be held on 8 and 9 December at Hotel Hilton Chennai. Leading industrialists from India will address this Congress.

The theme of the cost Congress is ‘TCM – The Mantra for Business Success in Turbulent Times’ which is appropriate in the current global and South Asian context

The following topics will be covered in the cost congress: Infusing resilience into business models; Aligning TCM with ‘Go to market’ strategy; Reconfiguring logistics model and GST; Accelerating efficiencies in the value chain; Synchronisation of design thinking and TCM and Sustainability drive in business.

Some of the leaders in the Indian industry like Toyota, Indigo airlines, Marico, HUL, Royal Enfield, JSW steel, Subros are sharing their success stories through case study presentations for overall Industry benefit

The USP of ‘Cost Congress’ is cross industry learning of ‘TCM practices’ which would be a huge benefit for overall improvement in the corporate performance.

CMA is inviting industries, companies planning Total Cost Management and members to attend the Cost Congress. They have given a special rate for participants nominated by CMA. The closing date for nominations will be 30 November. For those who wish to attend and obtain any further details please contact Shanthi Maheswaran on 071 470 5536.

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