Analyzing Costs Using TCO
Using the Total Cost of Ownership Approach to Identify and Reduce Costs
Discover how cohort learning can help your team
Desenvolvido em parceria com:
Temas:
- Supply Chain Leadership Academy
Authors:
Tailored to your company’s specific needs
Guided learning with experienced moderators
Mix of daily self-paced learning and peer-to-peer learning
Bite-sized lessons allow for learning in the flow of work
Multi-modal activities appeal to varied learning styles
Written discussions and live sessions for peer-to-peer learning
AI-fueled analytics provide actionable insights
Dedicated Customer Engagement Team
In this course, learners use the Total Cost of Ownership (TCO) framework to identify a cost analysis project that has the potential to return significant value. They’ll learn how to evaluate possible projects, assemble a cross-functional TCO project team, and map process activities to find cost areas requiring analysis.
Participants will learn how to:
- Calculate Total Landed Cost, with consideration for tariffs, countervailing duties, and more use TCO methods to conduct competitive bid analysis, including global sourcing contracts
- Create a cost database
- Estimate costs by applying the 3 As–Actual, Approximate, and Assumption
The course also explores the value of working closely with suppliers to develop should cost models in order to better understand pricing strategies and improve how the the organization negotiates with its suppliers. Analyzing Costs Using Total Cost of Ownership offers an important set of tools for creating competitive advantages.
Download the Course OverviewLearners Will:
- Understand basic financial principles involved in calculating TCO components
- Learn how to identify TCO projects that have the greatest potential to impact the company’s bottom line
- Use the 3 As—Actual, Approximate and Assumption—to model costs when faced with imperfect data
- Learn how to create and manage a useful cost database
Discover how cohort learning can help your team
Desenvolvido em parceria com:
Temas:
- Supply Chain Leadership Academy
Authors:
Tailored to your company’s specific needs
Guided learning with experienced moderators
Mix of daily self-paced learning and peer-to-peer learning
Bite-sized lessons allow for learning in the flow of work
Multi-modal activities appeal to varied learning styles
Written discussions and live sessions for real-time collaboration
AI-fueled analytics provide actionable insights
Dedicated Customer Engagement Team
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