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

Register Today!
Section Title
Cost & Price Management-An Effective Tool
Computer Lab
8:30AM to 4:00PM
May 14, 2024
Schedule and Location
Contact Hours
  • Louisiana State University
Instruction Method
Course Fee(s)
PBFPF non-credit $395.00
Required fields are indicated by .