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European Skills, Competences, Qualifications and Occupations (ESCO)

Skills & competences

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Hierarchy view

K - knowledge
L - language skills and knowledge
S - skills
S1 - communication, collaboration and creativity
S2 - information skills
S3 - assisting and caring
S4 - management skills
S4.0 - management skills
S4.1 - developing objectives and strategies
S4.2 - organising, planning and scheduling work and activities
S4.3 - allocating and controlling resources
S4.3.0 - allocating and controlling resources
S4.3.1 - managing budgets or finances
- budget for financial needs
- collect tax
- complete administration
- control financial resources
- create annual marketing budget
- enforce financial policies
- establish investment funds
- evaluate budgets
- examine budgets
- exert expenditure control
- follow up the issued grants
- forecast dividend trends
- give out grants
- handle external financing
- handle quotes from prospective shippers
- keep track of shipment payments
- maintain trusts
- manage a healthcare unit budget
- manage accounts
- manage bank vault
- manage brand assets
- manage budgets
- manage budgets for social services programs
- manage conservation of natural and cultural heritage
- manage corporate bank accounts
- manage financial aspects of a company
- manage government funding
- manage hospitality revenue
- manage loans
- manage pension funds
- manage personal finances
- manage profitability
- manage recycling program budget
- manage revenue
- manage school budget
- manage securities
- manage sport facility finances
- manage vehicle services' financial resources
- optimise financial performance
- oversee the facilities services budget
- perform asset recognition
- perform balance sheet operations
- perform cost accounting activities
- perform currency reserve management
- perform financial market business
- prepare airport annual budget
- prepare audit activities
- prepare audit schemes for ships
- prepare casting budget
- support development of annual budget
- understand budgetary limits
- update budget
- use accounting systems
S4.3.2 - managing and administering human resources
S4.3.3 - allocating and controlling physical resources
S4.4 - performing administrative activities
S4.5 - leading and motivating
S4.6 - building and developing teams
S4.7 - recruiting and hiring
S4.8 - supervising people
S4.9 - making decisions
S5 - working with computers
S6 - handling and moving
S7 - constructing
S8 - working with machinery and specialised equipment
T - transversal skills and competences

This concept is obsolete

minimise shipping cost

skills

management skills

allocating and controlling resources

managing budgets or finances

minimise shipping cost

Concept overview

Description

Ensure the safe and cost-efficient delivery of shipments.

Alternative Labels

curtail shipping cost

decrease shipping cost

diminish shipping cost

minimise shipping costs

minimising shipping cost

minimising shipping costs

reduce shipping cost

Skill type

skill

Skill reusability level

cross-sector skills and competences

Relationships

Broader concepts

Essential for

live animals distribution manager hides, skins and leather products distribution manager fruit and vegetables distribution manager sugar, chocolate and sugar confectionery distribution manager hardware, plumbing and heating equipment and supplies distribution manager dairy products and edible oils distribution manager coffee, tea, cocoa and spices distribution manager china and glassware distribution manager computers, computer peripheral equipment and software distribution manager meat and meat products distribution manager textile industry machinery distribution manager agricultural raw materials, seeds and animal feeds distribution manager distribution manager pharmaceutical goods distribution manager beverages distribution manager textiles, textile semi-finished and raw materials distribution manager agricultural machinery and equipment distribution manager machinery, industrial equipment, ships and aircraft distribution manager mining, construction and civil engineering machinery distribution manager furniture carpets and lighting equipment distribution manager electrical household appliances distribution manager wood and construction materials distribution manager fish, crustaceans and molluscs distribution manager perfume and cosmetics distribution manager waste and scrap distribution manager chemical products distribution manager metals and metal ores distribution manager flowers and plants distribution manager household goods distribution manager watches and jewellery distribution manager clothing and footwear distribution manager tobacco products distribution manager electronic and telecommunications equipment and parts distribution manager

Optional for

Concept status

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DG Employment, Social Affairs and Inclusion of the European Commission developed ESCO in collaboration with stakeholders and with the European Centre for the Development of Vocational Training (Cedefop).

CONTACT ESCO
Current version: ESCO v1.2 (Last update 15/05/2024)