What to Do if Your Purchasing Practices Are Not Providing Should-be Costs
Purchasing groups that develop and use cost models develop a deep understanding of manufacturing costs. They use this knowledge to work more collaboratively and effectively with their suppliers to reduce costs.
They communicate more effectively and confidently internally about why suppliers are chosen and the validity of supplier prices. The knowledge and the skills developed position their members for better positions within purchasing and other functions.
Learn more about cost models by attending one of
APD’s training classes:
The webinars provide valuable information on the types of Should-be Models used and how they are developed.
Watch Part 1 for information regarding:
- Cost Catalogs
- Linear Models
- Multi-variate Models
Watch Part 2 for information regarding:
- Manufacturing Process Models
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