Obtaining fair and reasonable pricing from contractors and suppliers is a primary objective for all businesses and governments. Evaluating prices through Cost and Price analysis are essential skill sets in meeting these objectives Those involved in these activities understand well the significant challenges in this ever changing business environment and also that there exist significant opportunities for improvement by providing best practice competencies to all those involved in contract and procurement activities. Attending this programme will provide insight into:
Managing Cost and Prices in Volatile Market Conditions.
Obtaining Better Pricing for the Original Contracts and Changes.
Understanding the Methods Contractors use for Pricing.
Understanding the Elements of Price that Make up the Price.
The Importance Of Price/Cost Analysis In Continuous Improvement Programmes.
The Difference Between Price And Cost Analysis.
Criteria For Selecting The Analysis Type.
Methods Of Price Analysis.
Knowledge of Supplier Strategic Alliances.
Analytical Tools for Cost Drivers.
Methods Of Cost Analysis.
Development Of "Should Cost".
Types Of TCO Models.
Procurement professionals
Contract administrators
Financial analysts
Project managers
Small business owners
Reducing The Cost Of Purchased Goods And Services.
Contract’s Savings Impact On The Bottom Line.
Understanding Where To Focus Your Efforts.
Supplier Pricing Models.
Develop Opportunity Hypotheses.
Cost Reduction Reporting Procedure.
Continuous Improvement Skill Sets
Difference Between Cost And Price Analysis.
Selection Tool.
Methods Of Price Analysis.
Historical Analysis.
Using Price Indexes.
Calculating Change.
Developing the Organization’s Contract Price Index.
We all operate in an increasingly complex commercial and professional environment that requires us to negotiate on a daily basis not only with customers, clients, suppliers and contractor, but also with managers, fellow employees and colleagues within our own organisation.
‘Mastering Negotiation Skills’ is a five-day course designed to explain the negotiation process in detail and demonstrate how to use it effectively, giving delegates the negotiation skills and strategies they need to succeed in today’s challenging commercial environment.
The ability to negotiate effectively and manage conflict is one of the most valuable skill sets we can develop within our organization. Not only does developing these skills allow us to negotiate better deals by creating and then claiming value, but it also enables us to manage teams more expertly, interact more constructively with colleagues and manage conflict effectively.
This course provides both a comprehensive strategic analysis of the negotiation process as well as the essential tools for planning and managing every negotiation. Delegates will learn to negotiate excellent outcomes both externally with suppliers, contractors, and customers but also internally within your organization between colleagues, departments, and managers.
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