Cost Price Analysis
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It had been stated that one of the greatest assets of a professional buyer and seller is to have a well-grounded background in the analysis and development of cost and price studies. Many people feel they have such a background until the need for such tools come to the table and skills are weak in understanding the power and various tools inside this specific field.
Understanding the difference in cost and price analysis
Creating these tools from an event into a company-wide program
Know which tool to use and when
Learning the five prerequisites for using price analysis
How a competitive bidding trap occurs and can make a good deal suddenly bad
Learning the various types of cost analysis within a buyer and seller's charge
Learning how to attack and unknown price/cost and not lose ground
The differences between price analysis and financial accounting
Places to find financial data to assist in your analysis
Utilizing an index and where to find for contracts with escalation,
Several case examples practicing price, cost and unknown applications.
Who should attend
New buyers, sales representatives, sales managers, supply chain managers, department managers, warehouse supervisors, contract managers, operations managers and other general managers and supervisors.