Cost Analysis in Purchasing
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Website https://www.onlinecompliancepanel.com/webinar/Cost-Analysis-in-Purchasing-504101/NOVEMBER-2017-ES-OU |
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Category Education; Online event; Online training program
Deadline: November 21, 2017 | Date: November 21, 2017
Venue/Country: 38780 Tyson Lane, Apt 210, California,Fremont, U.S.A
Updated: 2017-11-02 18:34:04 (GMT+9)
Call For Papers - CFP
DescriptionManaging and reducing cost continues to be one of the primary focal points of business and governments today. In many organizations, more than half of the total revenue is spent on goods and services-everything from raw material to overnight mail. Maintaining a competitive position and even survival will depend on the organizations ability to use all of the continuous improvement strategies which have been developed to reduce cost across the entire supply chain for the life of the product or service. Fundamental to developing and implementing these strategies is knowledge of Cost Analysis.Objectives of the PresentationUpon completion of this webinar, participants will know:The difference between price and cost analysisHow to win in negotiations by understanding the elements of CostThe criteria for determining a reasonable profitDevelopment of "Should Cost"Why Should you AttendThe organization will benefit by:Reduced cost of purchased material, equipment, and servicesThe benefits of continuous improvementHigher productivity of purchasing and contract personnelGreater strategic focus of those involved in supply managementPersonal Impact:Increased skill sets in finding savings opportunitiesA greater sense of professionalismThe ability to analyze supplier cost structuresGreater ability to lead continuous improvement programsIncreased recognition by the organization due to improved performanceAreas CoveredDiscussion of variable or direct costDetermination of direct material and laborDiscussion of fixed or indirect costsApply variable & fixed cost to quantityCommon primary indirect cost pools and typical costs found in eachIndirect cost rate formulaFair and reasonable profitWho will BenefitManagers and professionals in:Purchasing, Procurement, and Contracts andThose involved in operations, engineering, maintenance, quality, projects, finance, and other company activities that expose them to suppliers/contractors and buying activities for production, maintenance, equipment, indirect, services, and other outside purchased requirementsFor Registrationhttps://www.onlinecompliancepanel.com/webinar/Cost-Analysis-in-Purchasing-504101/NOVEMBER-2017-ES-OURGLOCALNote: Use Promo code TYED6H and get 10% off on registration (Valid till NOVEMBER 30th 2017)
Keywords: Accepted papers list. Acceptance Rate. EI Compendex. Engineering Index. ISTP index. ISI index. Impact Factor.
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