TCS-II Cost Modelling

Industry Cost Profiles - Examples (TCS-II-02-2)


Description
Element of our Cost Modelling course which shows how to estimate the "percentage of price" ratios for material, labor, overhead, etc. A must-have when analyzing suppliers and the foundation for building cost models. The technique is illustrated for a product and for a service. To get the Cost Modelling course: select a bundle in our course catalog, then click above on the button "Get all for $xxx". You will get one year unlimited access to the course and all supporting content.

'Cost Modelling' course objectives:
• To obtain, understand and apply a set of cost management tools that enable the transition from leveraging volume to leveraging ideas
• To gain a better knowledge of the cost structure of goods, equipment or services procured
• To identify data sources in building cost models
• To apply cost models in effective negotiations
• To use Price Discipline in long term contract negotiations
• To apply Total Cost of Ownership principles in sourcing decisions
Content
  • U.S. Product - Background and Steps
  • - Finding the Industry and Product Code
  • - Data Source For and Calculation of the Financials
  • - Data Source for the Cost of Sales
  • - Explanation of Older Ratios and Annual Survey of Manufacturers
  • - Finding Direct Labor and Direct Materials
  • - Completing the Industry Cost Profile
  • U.S. Service - Background and Step 1
  • - Data Source For and Calculation of the Financials
  • - Data Source for the Cost of Sales and Explanation of Older Ratios
  • - Finding Direct Labor and Total Sales
  • - Completing the Industry Cost Profile
  • South Korea Product - Background and Step 1
  • - Example Data Source For the Financials
  • - Explanation of Older Ratios and Completing the Industry Cost Profile
  • South Korea Service - Background and Step 1
  • - Data Source For the Financials and Explanation of Using Older Ratios
  • - Completing the Industry Cost Profile
  • Germany Product - Background and Step 1
  • - Data Source and Explanation of Using Older Ratios
  • - Calculating Direct Material
  • - Calculating Direct Labour
  • - Completing the Industry Cost Profile
  • Germany Service - Background and Step 1
  • - Data Source and Explanation of Using Older Ratios
  • - Finding Total Industry Sales and Calculating Direct Labour
  • - Completing the Industry Cost Profile
  • ICPs for sample group of industries in the US
  • Template - Industry Cost Profile
Completion rules
  • You must complete 10.00% of the content