Opra logo
Back to courses
Price, Cost and Value Management
03:25

Supplier Cost Analysis

Supplier cost analysis is used to build 'should-cost models', which are used to help evaluate and challenge supplier costs. In this course you will learn more about should-cost and could-cost models and how they can be applied.

Course Includes:
  • 4 Modules
  • 10 Learning Activities
  • 14 Checkpoints
  • 4 Quizzes
  • 3 Downloadable, Fillable Templates
  • 2 Downloadable, Completed Examples
  • 6 Downloadable, Infographics

Module summary:

  • Explains the difference between price analysis and cost analysis
  • Explains the relationship between cost elements and cost drivers
  • Details the 7 tactical and strategic uses of should-cost

Module lesson titles:

  1. Introduction to should-cost analysis
  2. When to use should-cost analysis
  3. Understanding cost elements and cost drivers
  4. How to use should-cost analysis

Module summary:

  • Builds an understanding of the principles underpinning Total Cost of Ownership (TCO)
  • Explains the benefits of TCO
  • Details how to use TCO
  • Shows how to confidently apply TCO

Module lesson titles:

  1. Deconstruction price 9 – Total cost of ownership

Module summary:

  • Explains the should-cost modeling process
  • Identifies the data needs and data sources needed to build should-cost models
  • Shows how to confidently apply TCO
  • Shows how to build should-cost models on your categories of spend

Module lesson titles:

  1. Deconstruction price 8 – Building a should-cost model

Module summary:

  • Explains the principles underpinning could-cost analysis
  • Details the could-cost analysis process
  • Details and shows how to use could-cost strategies and actions
  • Confidently apply could-cost to reduce supplier costs

Module lesson titles:

  1. Introduction to could-cost analysis
  2. Could-cost analysis process
  3. Could-cost analysis strategies and actions
  4. Could-cost analysis governance

Reviews

Leave a review

Purchase Options:

Select the length of time you’d like access to the course material and add it to your cart.

The options available for this course are below:

2 Months - $60.00

4 Months - $96.00

6 Months - $120.00 (Best Value)

Supplier Cost Analysis (Single Course)

Select Duration:

Select...
$0.00---
This field is for validation purposes and should be left unchanged.
Enter Your Name(Required)
Email(Required)
Privacy(Required)