Price Breakdown Analysis Training Course
Date and Time
Thursday Mar 3, 2022
9:00 AM - 4:30 PM GMT
Thursday 3rd March 2022
9.00am - 4:30pm
Location
Doncaster Racecourse Exhibition & Conference Centre,
Leger Way,
Doncaster,
DN2 6BB
Fees/Admission
The fee is £375 per person plus vat and includes all tuition, comprehensive course notes, information hand-outs, lunch and refreshments.
Contact Information
Gareth Roden, Managing Director
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Description
Aimed at buyers, cost estimators and category managers who want to improve their knowledge of business input costs for produced/ manufactured products and service contracts. This course will enable attendees to obtain better purchase prices, negotiate cost reductions and support their sales department with accurate cost modelling to improve the organisation’s profitability, market position and efficiency.
Attendees will develop knowledge and understanding of price breakdowns when purchasing products or services. This will enable attendees to properly compare and benchmark alternative suppliers, to interrogate suppliers stated costs even when competition is limited and support the negotiating process for a more favourable financial outcome.
The course will also improve the ability of the attendees to estimate future purchase prices when required by the sales function and to support the pricing of projects particularly when seeking new business.
Topics covered include :-Direct Costs / Raw Materials / Purchased Parts / Labour Rates / Cycle Times / Transport Costs / Overheads / Buildings / Indirect Costs / Staff Costs / Utility Costs / Variables / Currency / Exchange Rates / Return on Investment / Cost Price v Sales Price / Profit Margin / Profit Mark-Up / Marginal Costing / Comparative Analysis / Improving Knowledge / Information Sources / Identifying Errors / Identifying Opportunities / Supporting the Negotiating Strategy / Generating a Cost Model / Service Contracts / Benefit Forecast.
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