TrainersDirect
presents
Maximizing Purchasing Power On-Site Training
This highly concentrated seminar focuses on price, cost, "should cost," life cycle costing, and total cost of ownership analysis theories in the choice of goods and services
Course Description/Agenda
Length:
2 days
Number of Participants: Up to 20
Materials: Notebooks and handouts provided
Know how to make the numbers work for you! This highly concentrated
seminar focuses on price, cost, "should cost," life cycle costing,
and total cost of ownership analysis theories in the choice of goods
and services. It is an opportunity to evaluate past purchases as
well as those you are considering for the future. Maximizing
Purchasing Power offers a practice-intensive learning experience to
anyone seeking tools to make sound purchasing decisions based on
quantifiable assessments.
Participants will learn to:
-
Determine
which data you need, which mathematical formulas to use, and
which cost, price, and quality factors you must consider
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Analyze
purchase history records and spend analytics
-
Utilize
financial statement analyses of prospective suppliers for
qualification of bidders
-
Forecast price
and market trends and justify supplier or contractor price
increases
-
Use learning
curves, break-even analysis, target pricing and costing, and
life cycle costing to help make far more accurate estimates of
cost and value
-
Determine
total cost of ownership
-
Analyze
supplier or contractor fixed and variable costs
-
Conduct
best-buy and "should cost" analyses
Recommended for:
-
Anyone
responsible for selecting suppliers
-
Anyone who
needs to negotiate the "right" price
- Those seeking
specific tools for purchasing goods and services with assurance
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