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Cost Certification Grand Rapids

March 24, 2020

Group Session 1 – Constructing Effective Market Tests – Understanding Costs & Effective Use of Cost Breakdowns

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• Constructing effective market tests
• Understanding supplier costs with manufacturing cost accounting
• Building effective cost breakdowns
• Analyzing supplier quotes with and without cost breakdowns

One-on-one Private Quote Analysis and Negotiation Preparation Session:

Conducted any time after Group Session 1, APD will provide an individual negotiation preparation consultation based upon analysis of a detailed cost breakdown against APD’s Optimal Cost Validation models.

Group Session 2 – Building and Using Price and Cost Models


  • Building an effective data warehouse
  • Developing and using linear, multivariate and statistical models to estimate price and manufacturing
    process parameters like machine size, cycle time and scrap
  • How to use models to estimate pricing on new programs and to evaluate supplier quotes (beginning)
  • How to choose the most effective cost model for a commodity

Group Session 3 – Validating Optimal Costs


  • Analyzing supplier quotes against your cost models (Advanced), industry cost models and actual open
    book cost models

Group Session 4 – Conducting Effective, Knowledge Based Negotiations


  • Conducting effective collaborative negotiations with suppliers to:
    • Obtain cost transparency
    • Move to optimal costs
    • Build relationships

Grand Rapids dates:

Session 1- March 24th

Session 2- April 30th

Session 3- May 21st

Session 4- June 16th

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Click here for program brochure


March 24, 2020
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