Should Cost Models - Examples(TCS-II-03-2)

Element of our Cost Modelling course which introduces how to estimate the "percentage of price" ratios for material, labor, overhead, etc. A must-have when analyzing suppliers and the foundation for building cost models. The technique is illustrated for a product and for a service. To get the Cost Modelling course: select a bundle in our course catalog, then click above on the button "Get all for $xxx". You will get one year unlimited access to the course and all supporting content.

'Cost Modelling' course objectives:

• To obtain, understand and apply a set of cost management tools that enable the transition from leveraging volume to leveraging ideas
• To gain a better knowledge of the cost structure of goods, equipment or services procured
• To identify data sources in building cost models
• To apply cost models in effective negotiations
• To use Price Discipline in long term contract negotiations
• To apply Total Cost of Ownership principles in sourcing decisions

• U.S. Product - Creating a Cost Driver Formula
• Identifying Data Sources and Calculating the Costs
• Analyzing the Results and Understanding Cost
• U.S. Service - Creating a Cost Driver Formula
• Identifying Data Sources and Calculating the Labor Costs
• Utilization and Calculating the Remaining Costs
• Analyzing the Results and Understanding Cost
• South Korea Product - Creating a Cost Driver Formula
• Identifying Data Sources and Calculating the Costs
• Analyzing the Results and Understanding Cost
• South Korea Service - Creating a Cost Driver Formula
• Identifying Data Sources and Calculating the Labor Costs
• Utilization and Calculating the Remaining Costs
• Analyzing the Results and Understanding Cost
• Germany Product - Creating a Cost Driver Formula
• Identifying Data Sources and Calculating the Costs
• Analyzing the Results and Understanding Cost
• Germany Service - Creating a Cost Driver Formula
• Identifying Data Sources and Calculating the Labor Costs
• Utilization and Calculating the Remaining Costs
• Template - Should Cost Model
• Example- Product Should Cost- Line Pipe
• Example- Service Should Cost- IT Services
• Example- Process Based Should Cost- Plastic Housing

• Example- Process Based Should Cost- Plastic Housing.pdf
• Example- Product Should Cost- Line Pipe.pdf
• Example- Service Should Cost- IT Services.pdf
• Should Cost Template.xlsx