Masterclass: Understanding Value Chains & Cost Modelling
Published 6/2025
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz, 2 Ch
Language: English | Duration: 55m | Size: 726 MB
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:ü Understanding the value chain (as opposed to the supply chain) and the relationship between the value chain and one's sourcing strategyü Understanding how and when to choose different types of cost modelü How to determine the best cost modelling approach to different buying scenariosü How to ensure you are optimising your Value chainü Price model evaluationIncluded 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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