Supplier Price Analysis: A Guide for Purchasing, Accounting, and Financial Analysts

Preview:

A day does not go by that a buyer or purchasing agent does not complete a transaction and have the vague feeling that the price paid was too high. In an easytoread guide, Newman explores the subject of price, the components of which are shown to be compatible with information readily available from the suppliers annual report data, among other relevant sources. A simple example demonstrates how to determine the price structure of the supplier. Two complex cases follow, which are analyzed from the buyers perspective. This book will help the buyer focus in on those areas of price which can be successfully negotiated as well as how to find the information in a costeffective manner. It will also help direct buyers attention to those suppliers who offer the greatest potential for cost reduction.

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