Cost Analysis is the fundamental building block to creating supplier fair and accurate target prices.

Course Outline:

1. Cost Elements
2. Cost Breakdown Analysis
3. Cost Category Strategies

Exercise Example:

• Cost Driver Identification:
  In this exercise, the class identifies the cost drivers for a given product or service. A group discussion dives deeper into the subject.
  

Expectations Upon Completion:

• Ability to identify key cost drivers of goods and services
• Knowledge to apply appropriate tools to address key cost drivers