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Resisting Price Increases and Implementing Cost Improvement Initiatives

Cost Improvements Initiatives, when properly implemented, have resulted in dramatic reductions in cost and significant improvements in productivity
across the entire organization. As in all initiatives,success is dependent not only on an awareness of the potential opportunities, but more importantly
the knowledgeable implementation of the ideas,processes, and techniques that should be utilized.

This seminar focuses on Resisting Price Increases and Cost Improvement Initiatives and the many savings methods that have been used to reduce
cost over the life of the product or service and across the entire supply chain.
Upon completion of this seminar, participants will know:
-How to be on the “Road to World class” in savings initiatives
-6 steps to resist Price Increase for purchased goods and services
-Understand processes for data mining
-Be given the criticality of the ABC analysis and to use it to save time
-42 ways Procurement has been reducing cost
-6 step process for developing a purchase price index for your organization
-12 important supply management competencies for achieving savings
-Receive a procedure for reporting cost improvements
-10 major elements that need to be in a Strategic Sourcing Plan
  • BY: Jula, Senior Sourcing Manager

    Good training and get useful tools to motivate work, to fix focusing scope, to report work in professional way.

  • BY: McDonald, Strategic Sourcing Director

    It helps to refresh sourcing skills / knowledge in managing the cost increase/initiation in a system and holistic picture.

  • BY: Bitzer, Sourcing Manager

    Very good; got a cost of tools and method to resist price increase and cost improvement.