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Old 07-03-2008, 08:40 AM
Paul Ntuli Paul Ntuli is offline
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Join Date: May 2008
South Africa
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Thumbs up Re: Cost Drivers and Open Book Costing

Hi Jacques

Thanks for the reply; it really makes a lot of sense. I was actually thinking along those lines and I wasn’t sure how to approach it and if it is the correct way to do things.

You are quit correct when saying one has move from being a buyer to a specialist, which what I actually need to do as a Purchasing Analyst

Most suppliers take advantage of certain commodity increases and pass that as a general increase, which most buyers are not aware of that.

The most powerful tool in negotiations is to have enough information about commodities you buy from your suppliers and the understanding of the market.

Your example makes it easier for me to put the cost model together into practise.

Regards

Paul
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