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Course Description

In this course, you will prepare for a supplier negotiation or collaboration by evaluating purchasing decisions for significant expenditures based on various cost models. You will examine various factors that affect costs, such as a supplier’s pricing strategy and market conditions. By leveraging various costing strategies that are commonly used in industry, you will draft a price analysis for a complex item. Finally, you will explore collaborative cost management strategies and build your own total cost of ownership model.

Faculty Author

Christopher Gaulke

Benefits to the Learner

  • Identify cost drivers associated with a given purchase scenario
  • Leverage various cost models to inform supplier negotiations
  • Build a total cost of ownership model
  • Evaluate where costs can be reduced through collaboration with suppliers

Target Audience

  • Operations managers and executives
  • Purchasing department staffers
  • Supply chain managers
  • Procurement clerks
  • Inventory managers
  • Aspiring procurement and purchasing managers
  • Entrepreneurs

Applies Towards the Following Certificates

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Enroll Now - Select a section to enroll in
Language of Delivery
English
Type
2 week
Dates
Sep 07, 2022 to Sep 20, 2022
Total Number of Hours
10.0
Course Fee(s)
Regular Price $999.00
Language of Delivery
English
Type
2 week
Dates
Nov 02, 2022 to Nov 15, 2022
Total Number of Hours
10.0
Course Fee(s)
Regular Price $999.00
Language of Delivery
English
Type
2 week
Dates
Dec 28, 2022 to Jan 10, 2023
Total Number of Hours
10.0
Course Fee(s)
Regular Price $999.00
Language of Delivery
English
Type
2 week
Dates
Feb 22, 2023 to Mar 07, 2023
Total Number of Hours
10.0
Course Fee(s)
Regular Price $999.00
Language of Delivery
English
Type
2 week
Dates
Apr 19, 2023 to May 02, 2023
Total Number of Hours
10.0
Course Fee(s)
Regular Price $999.00
Language of Delivery
English
Type
2 week
Dates
Jun 14, 2023 to Jun 27, 2023
Total Number of Hours
10.0
Course Fee(s)
Regular Price $999.00
Language of Delivery
English
Type
2 week
Dates
Aug 09, 2023 to Aug 22, 2023
Total Number of Hours
10.0
Course Fee(s)
Regular Price $999.00
Language of Delivery
English
Type
2 week
Dates
Oct 04, 2023 to Oct 17, 2023
Total Number of Hours
10.0
Course Fee(s)
Regular Price $999.00
Language of Delivery
English
Type
2 week
Dates
Nov 29, 2023 to Dec 12, 2023
Total Number of Hours
10.0
Course Fee(s)
Regular Price $999.00
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