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TCS-II Cost Modelling

Should Cost Models - Examples (TCS-II-03-2)


Description
Element of our Cost Modelling course which shows how to build up a price estimate based on a cost profile and cost drivers. The Should Cost model approach 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 - Creating a Cost Driver Formula
  • - Identifying Data Sources and Calculating the Costs
  • - Analyzing the Results and Understanding Cost
  • U.S. Service - Creating a Cost Driver Formula
  • - Identifying Data Sources and Calculating the Labor Costs
  • - Utilization and Calculating the Remaining Costs
  • - Analyzing the Results and Understanding Cost
  • South Korea Product - Creating a Cost Driver Formula
  • - Identifying Data Sources and Calculating the Costs
  • - Analyzing the Results and Understanding Cost
  • South Korea Service - Creating a Cost Driver Formula
  • - Identifying Data Sources and Calculating the Labor Costs
  • - Utilization and Calculating the Remaining Costs
  • - Analyzing the Results and Understanding Cost
  • Germany Product - Creating a Cost Driver Formula
  • - Identifying Data Sources and Calculating the Costs
  • - Analyzing the Results and Understanding Cost
  • Germany Service - Creating a Cost Driver Formula
  • - Identifying Data Sources and Calculating the Labor Costs
  • - Utilization and Calculating the Remaining Costs
  • Template - Should Cost Model
  • Example- Product Should Cost- Line Pipe
  • Example- Service Should Cost- IT Services
  • Example- Process Based Should Cost- Plastic Housing
Completion rules
  • You must complete the units "U.S. Product - Creating a Cost Driver Formula, - Identifying Data Sources and Calculating the Costs, - Analyzing the Results and Understanding Cost, U.S. Service - Creating a Cost Driver Formula, - Identifying Data Sources and Calculating the Labor Costs, - Utilization and Calculating the Remaining Costs, - Analyzing the Results and Understanding Cost"
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