TCS-II Cost Modelling

Industry Cost Profiles - Methodology (TCS-II-02-1)


Description
Element of our Cost Modelling course which introduces 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
  • Industry Cost Profile Structure
  • Procurement Perspective on Cost Breakdown
  • Cost Profile Definition
  • Industry Cost Profile Methodology
  • Key Point of Industry Cost Profiles
  • ICP Procedure Australia
  • ICP Procedure China
  • ICP Procedure France
  • ICP Procedure Germany
  • ICP Procedure India
  • ICP Procedure Korea
  • ICP Procedure Malaysia
  • ICP Procedure Mexico
  • ICP Procedure Netherlands
  • ICP Procedure Philippines
  • ICP Procedure Poland
  • ICP Procedure Portugal
  • ICP Procedure Singapore
  • ICP Procedure Taiwan
  • ICP Procedure UK
  • ICP Procedure USA
  • Procedure Direct-to-Total Labor Ratio using India statistics
  • Procedure Direct-to-Total Labor Ratio using USA ASM statistics
  • Procedure Direct-to-Total Labor Ratio using USA OES statistics
  • Procedure Bill of Material Ratios using USA EC statistics
  • Resources to obtain Company Financials
Completion rules
  • All units must be completed