Cost and price management is more than negotiating with suppliers for discounts—it’s a strategic competency that shapes procurement’s impact on the bottom line.
In the final episode of my 8-part podcast series, we dive into this critical skillset, exploring how procurement professionals at all levels can master cost management to create lasting value:
Understanding Cost Drivers: Analyze the forces influencing pricing at every stage of the supply chain.
Advanced Techniques: Learn how to shift negotiations to create win-win outcomes from target pricing to open-book costing.
Data-Driven Decisions: Leverage insights and benchmarks to align costs with organizational goals.
Risk Mitigation: Assess supplier financial health to avoid disruptions and safeguard your organization.
Whether you’re new to procurement or a seasoned leader, this episode provides actionable insights to refine your approach, elevate your team, and drive strategic outcomes.
🎧 Listen to Episode 8 now and cap off this transformative series with a deep understanding of cost and price management.
📅 Subscribe to stay ahead with more content focused on procurement excellence.
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