Cost Price Analysis the Way to Greater Savings in Negotiations
Managing and reducing cost continues to be one of the primary focal points of business and governments today. In many organizations, more than half of the total revenue is spent on goods and services—everything from raw material to overnight mail. Maintaining a competitive position and even survival will depend on the organizations ability to use all of the continuous improvement strategies which have been developed to reduce cost across the entire supply chain for the life of the product or service. Fundamental to developing and implementing these strategies is knowledge of Cost/Price Analysis, Supplier Pricing Models, Economic Price Adjustments, Cost-Volume relationships, and developing “Should Costs for parts and services.
• The Importance of Price/Cost Analysis In Continuous Improvement Programs • The Difference Between Price And Cost Analysis • Criteria for Selecting The Analysis Type • 7 Methods of Price Analysis • Supplier Pricing Models • 8 Steps in using Economic Price Adjustment Clauses to deal with Volatile Markets • Methods of Cost Analysis • Development of "Should Cost" • Cost-Volume Relationships
BY: PING GOLF, Asia Project Engineering Manager
Very informative. It will certainly prove valuable to me
BY: Red Lobster, Manager, Produce Procurement and Supply Chain Finance
Great training & exercises.
BY: Wolverine Worldwide, Materials Manager
It is helpful to learn about cost saving in negotiations. Most of them can use for our work.