Home > Strategic Cost and Price Analysis, Value Analysis and Total Cost of Ownership Concepts Training Course
Strategic Cost and Price Analysis, Value Analysis and Total Cost of Ownership Concepts Training Course
Rating
9/10
Duration
3 Days
Course Overview
This course equips participants with the skills to analyze supplier costs, evaluate pricing structures, apply value analysis, and calculate total cost of ownership to support strategic sourcing and negotiation decisions.
Format of Training
Interactive instructor-led sessions on cost analysis and pricing models
Practical exercises on total cost of ownership calculations
Case studies on supplier pricing evaluation and value engineering
Group discussions on negotiation and financial decision-making
Course Objectives
Understand supplier cost structures and pricing models
Apply total cost of ownership (TCO) analysis techniques
Conduct value analysis and value engineering assessments
Evaluate supplier pricing effectively
Support negotiation using cost analysis techniques
Make financially sound procurement decisions
Course Outline
Day 1 – Cost Structure Fundamentals
Direct and indirect costs
Pricing models
Financial fundamentals for buyers
Day 2 – Value Analysis and TCO Models
Value engineering principles
Total cost of ownership calculation
Cost breakdown analysis
Day 3 – Strategic Application
Using cost data in negotiation
Supplier pricing evaluation
Financial impact assessment
Bespoke Option
We are open to customizing this program to align with your specific learning objectives. If your team has particular goals or areas they wish to focus on, we would be happy to tailor the course outline to meet those needs and ensure the program supports the achievement of your desired outcomes.