2002 Inside Supply Management Article Index
Term selected: Toolbox
A valuable reference tool, the Article Index is a comprehensive list of articles that have appeared in Inside Supply Management® (formerly Purchasing Today® and NAPM Insights®) magazine. Articles are organized by subject for easy locating and study.
Historically, cost-based pricing is the most common pricing strategy, but it's also one of the most difficult to implement.
Organizations must develop pricing strategies to accomplish marketing objectives based on an assessment of market conditions.
The differentiated approach distinguishes the supplier of the firm’s goods and services according to the different levels of costs.
Arm yourself with a professional's toolkit that covers the various stages of strategic cost management.
A trade-off usually exists between selling more units of a product or service at a low price and selling relatively fewer units at a high price.
A market-based pricing strategy compares alternative products and services and sets prices accordingly.
Is your equipment being used to its utmost efficiency? Examine usage, capacity, and unit costs.
Making profitable pricing decisions is essential to improving market share in an increasingly competitive business environment.
A supply management organization should incorporate a supplier audit/checklist prior to selecting the firm as a qualified supplier.
Although pricing models can be complex, they’re important because most suppliers use them to meet their objectives.
Purchasers should ascertain whether the value that end users place on the product or service "justifies" the fixed price charged.