04079nam 2200853 a 450 991054277250332120110930123059.01-78268-060-81-283-89486-61-60649-267-510.4128/9781606492673(CKB)2670000000146792(EBL)876627(OCoLC)758980823(SSID)ssj0000621189(PQKBManifestationID)11371938(PQKBTitleCode)TC0000621189(PQKBWorkID)10616648(PQKB)10093569(CaBNVSL)gtp00549577(MiAaPQ)EBC876627(Au-PeEL)EBL876627(CaPaEBR)ebr10496992(CaONFJC)MIL420736(EXLCZ)9926700000001467922BEP20110930d2012 fy 0engur|n|---|||||txtccrBetter business decisions using cost modeling[electronic resource] for procurement, operations, and supply chain professionals /Victor E. Sower and Christopher H. Sower1st ed.[New York, N.Y.] (222 East 46th Street, New York, NY 10017) Business Expert Pressc20121 online resource (159 p.)Supply and operations management collection,2156-8200Description based upon print version of record.1-60649-266-7 Includes bibliographical references (p. 129-132) and index.List of illustrations -- Acknowledgments -- Abbreviations and acronyms -- 1. Introduction -- 2. Constructing cost models -- 3. Internal cost models -- 4. Other internal cost models -- 5. External cost models for procured materials -- 6. External cost models for procured services -- 7. Total cost of ownership models -- Appendix: Data sources for cost modeling -- Notes -- References -- Index.Information is power in supply chain operations, negotiations, continuous improvement programs, process improvement, and indeed in all aspects of managing an operation. Accurate and timely information can result in better decisions that translate into the improvement of bottom-line results. The development and effective use of cost modeling as a method to understand the cost of products, services, and processes can help drive improvements in the quality and timeliness of decision making. In the supply chain community, an understanding of the actual cost structures of products and services, whether with new or nonpartner suppliers, can facilitate fact-based discussions that are more likely to result in agreements that are competitively priced and with fair margins. Further, accurate cost models that are cooperatively developed between supply chain partners can form the basis for joint efforts to reduce non-value-added costs and provide additional focus toward operational improvement.Supply and operations management collection,2156-8200.Costs, IndustrialMathematical modelsElectronic books.cost modelshould-cost modelprojected cost modelcrossover modelcost of qualitypurchasingnegotiationcost managementstrategic sourcingprocurementExcel applicationssupply chain managementmake or buynon-value-added cost reductionbreakevenlearning curvetotal cost of ownershipnet present valueCosts, IndustrialMathematical models.658.1552Sower Victor E873373Sower Christopher H1157796MiAaPQMiAaPQMiAaPQBOOK9910542772503321Better business decisions using cost modeling2704577UNINA