Join ISM-Twin Cities for a seminar on mitigating supplier price increases & collaborative cost reduction with suppliers. The course will cover the topics below.

Defending Against Supplier Price Increases

•        General principles for handling supplier price increase requests

•        Tips on managing and mitigating tariffs

•        Three-tier matrix of specific techniques to consider when developing your negotiation strategy (Price Increase Defense Tool) when a supplier increase is requested

•        Case studies to apply the “Price Increase Defense Tool”

•        Strategies to reduce & mitigate tariffs

Collaborative Cost Reduction With Suppliers

•        Key Elements of Total Cost of Ownership

•        20 Characteristics of a best-in-class cost reduction process

•        Launching a successful cost reduction process with suppliers

•        Cost reduction “checklist” for driving out cost of a part or assembly

•        Case studies to apply the tools

Who Should Attend?

This seminar will be of benefit for all supply management personnel of all levels, from entry-level to senior supply management. The tools were developed with a focus on direct material cost reduction in manufacturing companies, but the techniques are universal and many can be applied in any company in any industry.

Comments from Previous Seminar Attendees

•        Great information. Precise. Detailed. Clear. Good use of time. Encouraging. Thank you!

•        Best ISM-Twin Cities seminar I have ever attended!

•        Great presentation. Highly relevant to my area of work.

•        Great presenter and great content!

•        Great session, the handout was very useful.

A continental breakfast and break snacks will be served. Lunch is not included.

Location
Daikin Applied Headquarters
3033 Campus Drive
Plymouth, MN 55441

ISM-Twin Cities: Mitigating Price Increases & Collaborative Cost Reduction with Suppliers