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.
Social media marketing is one of the most important digital marketing channels. Social media marketing uses social media platforms to create awareness about the product. Digital Marketing uses online and offline channels to promote products to the customer.
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 contractors but also with managers, fellow employees, and colleagues within our own organization.
The key to any successful operation lies in the effective management of risks; the ability to seize opportunities, minimize threats, and optimize results. However, risk management is too often treated as a reactive process, or worse, not done at all. In this Operations Risk Management and Mitigation training course, you’ll work through the proactive approach to both sides of risk: threats and opportunities. The approach applies a proven six-step methodology of risk planning through identification, analysis, and control.
Maintaining a high level of productivity in today's successful businesses takes work and continuous learning in a variety of management skills and techniques. To be successful in daily work tasks, knowledge, and skills in management techniques must be learned, practiced, and implemented. People in all types of organizations find themselves needing to find more productive methods of planning work and tasks, setting appropriate goals, using good interpersonal skills, and using effective means of making decisions. A focus on using productive practices allows for effective and efficient management of work and making changes in the organization.
The ASME Plant Inspector Level 1 training course provides the fundamental principles of the inspection, assessment, and management of fixed pressure equipment. The content of the course is delivered in a systematic manner, from the inspection planning process to inspection practices and evaluation of the associated equipment. It is aimed at the upstream and downstream Petrochemical industry but is equally relevant to stakeholders from other sectors that utilize pressure equipment.
This intensive course covers the in-service inspection methodologies and requirements for piping, pressure vessels, and above ground storage tanks.