Getting Industry-Specific Cost Models to Work for You

Author(s):

Nguyen, Linh

Sower, MBA, C.P.M., Christopher H.

Sower, Ph.D., CQE, Victor E.

94th Annual International Conference Proceedings - 2009 - Charlotte, NC

Abstract

Understanding the cost structure of an industry and how changes impact price is of utmost importance to all supply chain professionals. Along with enhancing your knowledge of cost elements, such as specific raw materials, and their actual impact on supplier costs in an industry, this session answers the question, "How can I take an industry-specific cost model and apply it to lower our costs?"