Maximizing Purchasing Power
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
-
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.
