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Fundamentals of Cost/Price Mgmt Certificate

Knowing when to focus on cost and when to focus on price will create bandwidth within a supply management professional's workday. Each have a place and time, but must be aligned to strategic business needs as identified through supplier segmentation. This certificate program will prepare you to manage the cost elements or price paid to suppliers to meet organizational goals. Learn appropriate strategies such as cost modeling, total cost of ownership, should cost analysis, price indices, volume aggregation, payment term leveraging and specification modifications. These tools can be used in conjunction with sourcing strategies, negotiation planning and supplier relationship management. The course provides access for 60 days from the date of the purchase.

Earning a certificate is not the same as becoming a certified supply management professional. To learn more about the differences between certificates and certification, visit our certificates page.

Member Price: $795.00

List Price: $1,095.00

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The program will have you complete 5 online courses followed by a 25 question quiz to attain a certificate.

This includes the following 5 courses:

  • Cost and Price Concepts
  • Cost and Price Segmentation
  • Cost and Price - Total Cost of Ownership
  • Cost and Price Applied Analyses
  • Spend Analysis Payment Terms

Completing these courses will help you:

1. Learn how to differentiate cost vs price concepts within the organization
2. Determine the appropriate cost or price strategy based on supplier segmentation
3. Establish the basis for total cost of ownership to ensure the organization truly understands the implications
4. Create models to drive comparative understanding of price and cost
5. Leverage payment terms analysis to gain advantages in cash flow
Balancing cost and price can be a tricky task. This certificate program will give you the tools you need to strategize and effectively execute a cost and price management strategy.
  • CEH Credits
  • Product Code

Terms And Conditions


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.



Cancellation: Research purchases are non-refundable.

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