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.
 

How It Works

Course Length
2 weeks

Effort
3 to 5 hours of study per week

Format
100% online, instructor-led
  • Operations managers and executives
  • Purchasing department staffers
  • Supply chain managers
  • Procurement clerks
  • Inventory managers
  • Aspiring procurement and purchasing managers
  • Entrepreneurs
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