Purchasing groups that develop and use cost models develop a deep understanding of manufacturing costs. They use this knowledge to work more collaboratively and effectively with their suppliers to reduce costs.
They communicate more effectively and confidently internally about why suppliers are chosen and the validity of supplier prices. The knowledge and the skills developed position their members for better positions within purchasing and other functions.
The webinars provide valuable information on the types of Should-be Models used and how they are developed.
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