Product Details
Fundamentals of Cost/Price Mgmt Certificate
Knowing when to focus on cost vs. price is essential for strategic procurement. This certificate teaches practical tools like total cost of ownership, cost modeling, price indices, and payment term analysis—helping you align supplier decisions with business goals. Includes 60 days of access from the purchase date.
Member Price: $795.00
CERTIFICATE
Product Details
Master the strategies behind smarter spend decisions.
Cost and price are not the same—and effective supply management requires knowing which to prioritize in different situations. This certificate helps you develop a structured approach to cost/price analysis, using tools that support sourcing, negotiation, and supplier management strategies.
You’ll complete five self-paced online courses, followed by a 25-question quiz to earn your certificate.
Courses Included:
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Cost and Price Concepts – Understand foundational cost and price drivers
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Cost and Price Segmentation – Align strategy to supplier types and risk profiles
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Cost and Price: Total Cost of Ownership – Assess long-term value beyond the sticker price
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Cost and Price Applied Analyses – Build cost models and conduct comparative analysis
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Spend Analysis: Payment Terms – Use payment terms to improve cash flow and leverage
Key Takeaways:
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Know when to prioritize cost vs. price in procurement decisions
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Apply total cost of ownership and “should cost” analysis
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Use data-driven tools to support supplier negotiations and resource planning
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Improve financial outcomes by aligning spend with strategic goals
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Access the program anytime over 60 days, at your own pace
Note: This is a certificate program, not a professional certification. Learn more about the difference.
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CEH Credits6.0
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Product CodeCERT-CPM
Terms And Conditions
CERTIFICATES
ISM Promotions: ISM promotions are applicable to registrations where other promotions and discounts have not been applied. Any promotion that contains a deliverable by ISM shall be delivered upon the conclusion of the event and verification of your attendance. ISM reserves the right to substitute any promotion with equal or lesser value.
Cancellation of Certificates: Upon purchase, these courses are non-refundable.
Tax Deduction: The Internal Revenue Service may permit an income tax deduction to U.S. residents for expenses (including registration fees, travel costs, meals and lodging) incurred in pursuit of continuing professional education. Consult your tax adviser for details.
RESEARCH
Cancellation: Research purchases are non-refundable.
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