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Should-Be Cost Models: Simple & Fast Ways to Achieve Savings
April 26, 2018 @ 2:00 pm - 4:30 pm
If you have been obtaining detailed cost breakdowns from suppliers and are wondering how to take the next steps, this workshop is for you – a hands-on workshop for Purchasing Leaders and Buyers on should-be cost models. Learn how to move from market-pricing to knowledge-based sourcing to achieve 5-7% savings on material costs with little or no resourcing of current suppliers.
After attending this session, participants will have the skills and tools to easily:
- Choose the best cost model for a commodity
- Build should-be cost models based on cost breakdowns or physical attributes
- Implement cost models to rapidly achieve cost reductions
Participants will receive Excel-based cost model tools for use with their commodities moving forward.