Masterclass: Understanding Value Chains & Cost Modelling
Masterclass: Understanding Value Chains & Cost Modelling
Published 6/2025
Duration: 55m | .MP4 1280x720 30 fps(r) | AAC, 44100 Hz, 2ch | 725 MB
Genre: eLearning | Language: English
Published 6/2025
Duration: 55m | .MP4 1280x720 30 fps(r) | AAC, 44100 Hz, 2ch | 725 MB
Genre: eLearning | Language: English
Optimising value identification and creation to give you a competitive advantage
What you'll learn
- Know how to do a thorough value chain analysis and the impact on strategic sourcing
- Understand the full range of cost models and their unique differences
- Understanding total cost of acquisition
- Understand how and when to utilise different cost models
Requirements
- No requirements
Description
The primary purpose of this course is to equip strategic sourcing managers and leaders with the tools to understand the price impact of all players in the value chain and look at how different cost models impact value for money. Knowing when and where to enter the supply chain is a key aspect of sourcing strategy development. Some buyers will pursue a strategy of full reverse integration through acquisition others will collaborate with other buyers to form consortiums whilst some may prefer to take the risk of selectively entering the value chain at appropriate intervals. Allied to one's understanding of the value chain is our understanding of cost models as we may to choose a very different cost model depending upon where we enter the value chain.
The session will give the participants a grounding in the following:
üUnderstanding the value chain (as opposed to the supply chain) and the relationship between the value chain and one's sourcing strategy
üUnderstanding how and when to choose different types of cost model
üHow to determine the best cost modelling approach to different buying scenarios
üHow to ensure you are optimising your Value chain
üPrice model evaluation
Included also is an assessment of the total cost of acquisition for a product or service.
Who this course is for:
- This course is designed to help experienced supply chain and strategic sourcing leaders refresh their knowledge as well as helping those who are looking to excel in Category Management or those who have career ambitions to compete for Strategic Sourcing Leadership positions.
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