Here are three tools to improve your purchasing performance.
Total Life Cycle Cost Calculator
Cost DecompostionCalculating total life cycle costs is critical for optimizing sources. It does take time. This tool provides a quick and easy to use spreadsheet to do the calculation Click here to see the format.
How much money is the supplier making on this sale? Most buyer ask this question; few answer it. Cost decompostion is a technique to determining the supplier's costs and profits. Click here to see how it works.
Supplier Evaluation
Doing the deal is only half the work. Making sure the supplier provides what you agreed to is the rest. A supplier evaluation program is an essential tool for managing the deal you negotiated Click here to see the structure of a supplier evaluation program.
May 9, 2000
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