This session conveys the necessary foundations and understanding of the varied elements and types of cost to make an informed best value decision. Lob bid alone does not necessarily warrant or justify costs. Being able to see the elements of a cost breakdown and understand its relevance and significance will facilitate the buyer or seller in understanding value and how best to ensure a reasonable profits while being priced competitively in the marketplace.
This session will then provide the buyer and the seller’s with the ability to know what tools work best depending on the marketplace you may find yourself as well as employing certain tools for managing and controlling a cost, thereby its price.
1 of 4 additional courses in the Purchasing Series. Complete three of the four courses to earn the Honda Supplier Training Advanced Automotive Buyer Certification.
July 20-21, 2021
8:00am – 4:00pm
Instructor: Bill Agee – C.P.M., A.P.P., CEM, CMN, CPP, CPE, CPIM, CPCM