Events

Cost/Price Analysis In Procurement

Created by 247compliance (See other events)
  • Jun 27, 2023 from 3:00 to 4:15
  • Location: Online Event
  • Latest Activity: Jun 21, 2023
  • When organizations discovered they needed to lower costs, the purchasing people would frequently go to suppliers and demand cost reductions.
  • Now, professionals recognize that bullying their suppliers might provide a one-time, quick fix on the price, but it wasn’t a long-term solution.
  • This presentation will assist procurement personnel to improve their effectiveness in obtaining fair & reasonable prices for goods & services.

WHY SHOULD YOU ATTEND?

  • What is “purchase value”?
  • What are the price comparison methods?
  • Identifying the various cost elements to address
  • How to use cost estimating and analysis tools
  • What is the role of risk assessment?

LEARNING OBJECTIVES

  • Introduction
  • What is purchase value?
  • Defining Price & Cost Analysis
  • Analytical methods
  • Cost Elements
  • Defined
  • Cost Analysis
  • Evaluating suppliers understanding

WHO WILL BENEFIT?

  • Inventory Planning Mgr.
  • Purchasing Mgr.
  • Supply Chain Mgr.
  • Director
  • Buyer
  • Planners

 

https://247compliance.us/cost-price-analysis-in-procurement/2062?through=Samir21stJuneLI&sm_grc

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