Cost/Price Analysis and Total Cost Concepts in Supply Management - SC-64 - In House Training
Course
In San Francisco (USA)
Description
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Type
Course
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Location
San francisco (USA)
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Start date
Different dates available
Cost/Price Analysis and Total Cost Concepts in Supply Management - In-house training by PetroSkillsThis course can be conducted on site at your location exclusively for your staff. 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 organization's 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, Value Analysis and Total Cost of Ownership concepts. This course provides the concepts of Cost/Price/Value Analysis and Total Cost of Ownership that are essential skill sets in developing and implementing the strategies required to achieve the high levels of cost reductions possible from the supply chain.Find out more
Facilities
Location
Start date
Start date
Reviews
Subjects
- Supply
- Management
- Supply Management
- IT Management
Course programme
This in-house training programme can be customised to meet your specific requirements. It typically covers:
- Use of Price Indexes
- Negotiation
- Terms & Conditions
- Cost/Price Analysis
- Resisting price Increases
- Supplier qualification
- Currency and progress payments
- Total Cost of Ownership
- Tenders
- Purchasing savings impact on the bottom line
- Developing the Spend Profile
- How to perform the ABC analysis
- Examples of using pivot tables in Excel for data mining
- Continuous improvement skill sets
- Supplier pricing models
- Difference between cost and price analysis
- Selection tool
- Methods of price analysis
- Historical analysis
- Developing company Purchase Price Index
- Methods of cost analysis
- Major elements of cost
- Determining cost drivers
- Requesting supplier cost info
- Sources of cost information
- What and how important are supplier overheads
- Developing "Should Costs"
- How much profit should the supplier make
- Reviewing the weighed guidelines
- Economic price adjustment clauses
- Industry analysis
- Global industrial labor rates
- Working with currency exchange rates
- Total Costs Of Ownership models
- Cost Volume Profit Analysis
- Defining value analysis
- The Test For Value List
- The Supplier Value Check List
- What is Activity Based Costing
- Defining strategic alliances
- Characteristics of successful alliances
- Strategic supplier continuous improvement focus
- Early supplier involvement
- Reducing waste in the supply chain
See detailed overview
Additional information
Expenses
PetroSkills can bring the course to your site or to any convenient location you choose, helping you save time and reduce costs.
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Cost/Price Analysis and Total Cost Concepts in Supply Management - SC-64 - In House Training
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