Loading Events

« All Events

  • This event has passed.

Developing and Negotiating with Cost Models

March 26 @ 9:00 am - 5:00 pm

Purpose:

Provide the knowledge required to build, analyze supplier pricing with and negotiate with should-be cost models.

Scope:

This course is intended for purchasing teams that want to develop and use should-be cost models to validate supplier pricing.  It includes tools for developing cost models based upon supplier quotes and/or physical part attributes as well as negotiation techniques to effectively use the models in supplier pricing negotiations.

Audience:

Buyers, commodity managers, and purchasing managers with experience analyzing detailed cost breakdowns

Objectives:

After attending this course, attendees will be able to:

  • Understand how to build detailed cost breakdown formats that make building should-be models easy
  • Build should-be cost models based upon supplier detailed cost breakdowns and physical part attributes
  • Systematically analyze supplier quotes against cost models to identify specific cost reduction opportunities
  • Successfully prepare for cost negotiations using should-be cost models
  • Plan a strategic approach for specific negotiations that will lead to better results and more productive relationships

 

Download a one page course summary HERE

 

register-now-button

 

 

 

x

Details

Date:
March 26
Time:
9:00 am - 5:00 pm
Event Categories:
,

Venue

Hampton Inn & Suites by Hilton – Grand Rapids Down
433 Dudley Place NE
Grand Rapids, MI 49503 United States
+ Google Map