Cost and Price Analysis, when wielded in the hands of an experienced and knowledgeable purchasing pro are two of the most effective tools that can be applied in supplier negotiation, cost control, and mitigation of risk inherent in the outsourcing process.
In my first book, You’re the Buyer – You Negotiate It!, I cite in Chapter Two, Total Cost of Ownership, that the single most important tool in professional purchasing is Cost Analysis. Cost Analysis and Price Analysis are not the obverse and reverse of the same business coin. In fact, the processes involved are rather different.
With so many clients requesting training in both Cost and Price Analysis, the American Purchasing Society and I decided to create an online course to meet the market demand. This online course will be available in the fourth quarter of 2012. To create a course most responsive to the problems and challenges in Cost and Price Analysis, we need your help.
Please email (RobertMenard@RobertMenard.com) to me about problems and challenges with Cost and Price Analysis. In return for your email help, you’ll get a free e-book .