Cost Analysis & Ratio Techniques

• Understanding supplier cost structures
• Cost breakdown and total cost of ownership (TCO)
• Key procurement and financial ratios
• Identifying cost drivers and savings opportunities
• Applying cost analysis to sourcing and negotiation
• Practical exercises and examples

Suitable for procurement, sourcing, supply chain, operations and finance professionals involved in purchasing, supplier management and commercial decision-making.

Delivered as interactive 3-hour workshop.

Product Description

This training focuses on the importance of cost analysis in procurement decision-making. Participants will explore techniques for analysing supplier costs, understanding cost drivers and applying financial ratios to support sourcing and negotiation strategies. The session helps procurement professionals make more informed commercial decisions and identify opportunities for value improvement.

Awarding Body: Optima Training & Consulting Ltd

National Framework of Qualifications Level: N/a

Certification: Optima Training & Consulting Ltd Certificate of Completion

Renewal: N/a

Entry Requirements:
Minimum age- 18 years old

Minimum English requirements: Leaners must be able to understand and convey the concepts contained in the programme content.

Assessment Details: Class Interaction

Cost Per Person:
The fee is inclusive of all training courseware materials, certificate of completion and 3 months after training support.

Progression Opportunities: Please see related courses

Protection for Enrolled Students: N/A

Should a course not proceed, any payment received will be refunded within 48 hours