University of Houston - Clear Lake
University of Houston - Clear Lake

Cost Price Analysis

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Dates:April 22-23, 2019
Meets:M and Tu from 8:00 AM to 4:00 PM, 2 sessions
Hours:14.00
CEUs:1.40
Instructor:William Agee, Jr.
Fee: $995.00 Fee Breakdown

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Course Description

It had been stated that one of the greatest assets of a professional buyer and seller is to have a well-grounded background in the analysis and development of cost and price studies. Many people feel they have such a background until the need for such tools come to the table and skills are weak in understanding the power and various tools inside this specific field.

Areas include:

  • Understanding the difference in cost and price analysis

  • Creating these tools from an event into a company-wide program

  • Know which tool to use and when

  • Learning the five prerequisites for using price analysis

  • How a competitive bidding trap occurs and can make a good deal suddenly bad

  • Learning the various types of cost analysis within a buyer and seller's charge

  • Learning how to attack and unknown price/cost and not lose ground

  • The differences between price analysis and financial accounting

  • Places to find financial data to assist in your analysis

  • Utilizing an index and where to find for contracts with escalation,

  • Several case examples practicing price, cost and unknown applications.

  • Who Should Attend:

    New buyers, sales representatives, sales managers, supply chain managers, department managers, warehouse supervisors, contract managers, operations managers and other general managers and supervisors.

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