Course Description

Cost and Price Management Managing purchasing costs and sales prices present challenges in our fast-paced dynamic environment. Effective tools are needed to help in understanding market drivers to maintain a competitive cost and price position against your competition. This course presents a method of investigating, substantiating, and controlling costs in a professional business process. The course provides hands-on learning how to identify and apply accessible tools for determining realistic and competitive costs to challenge pricing.

Topics include:

  • Understanding what drives your supplier or customer.
  • Understanding market dynamics.
  • How to use market dynamics in forecasting.
  • Working with published indices to provide quantitative data.
  • Advantages and disadvantages of various published indices.
  • Using and developing customized cost models.
  • Negotiating cost and price with confidence.
  • Case studies demonstrating how to apply this data.

This course is ideal for:

  • Supply management professionals, sales staff and front-line supervisors.

For more information about this course, email Answers or call 833-280-5634.

Applies Towards the Following Certificates

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Section Title
Cost & Price Management-An Effective Tool
Professional Development Course
8:30AM to 4:00PM
Dec 05, 2024
Schedule and Location
Contact Hours
  • Louisiana State University
Instruction Method
Course Fee(s)
PBFPF non-credit $395.00

English Proficiency Requirements

Continuing Education Programs

Continuing Education (CE) courses and programs offered online through LSU Online & Continuing Education typically include a combination of lecture and discussion as well as reading and writing assignments. You need an adequate command of English in all skill areas (listening, speaking, reading, and writing) to participate in classes.

If English is not your native language, you must meet one of the English language proficiency requirements below to be successful in our CE programs. If you intend to register for a CE course or program, you can determine whether you meet English proficiency requirements by self-assessment prior to enrolling. We want to empower you, the learner, to progress successfully. Completing this self-assessment will enable you to make a good decision on whether you can complete one of our programs.

Intermediate English Skills

Most CE professional development courses and programs require at least intermediate English skills, which are equivalent to a B2 level of English language proficiency on the Self-Assessment Form. When assessing yourself, be sure to read through each of the categories under Column B2 to make sure you meet proficiency requirements.

Advanced English Skills

Online Distance Learning courses and microcreds are for-credit courses and might require more advanced English skills, equivalent to a C1 level on the Learner Self-Assessment Form. Be sure to read through each of the categories under Column C1 to make sure you meet proficiency requirements.

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