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Cost and Price Analysis

TITLE: Cost and Price Analysis
COURSE DESIGNATION: Phase I – Strategic Sourcing
CERTIFICATE PROGRAM: Strategic Sourcing E-Learning Curriculum
CREDIT HOURS: 4
TIME TO COMPLETE: 21 Days
 
DESCRIPTION: This course provides an understanding of the methods of analyzing and comparing price.
OBJECTIVES: In this lesson, you will learn how to understand how to enable suppliers.
At the end of this lesson you will be able to:
  • Understand tools needed to properly analyze prices.
  • Develop an understanding of how market conditions affect prices.
  • Determine what constitute of a fair and reasonable price
 
Syllabus
  • Definition
  • Market Conditions
  • Components of Value
  • Total Cost of Ownership
  • Tools for Price Analysis
  • Negotiating Price
  • End Notes