Class Oct1209 Student - Oct. 12 PRICE / COST ANALYSIS Part...

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1 Oct. 12 PRICE / COST ANALYSIS Part 1 Objective – Explore Basic Techniques used to Analyze Costs of Purchased Materials and Services
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2 Oct. 12 Smouther Chapter 9, Cost Analysis Part 1 Oct. 19 Smouther Chapter 9, Cost Analysis Part 2 Oct.26 Smouther Chapter 6, Order Quantity and Inventory Nov. 2 Smouther Negotiations Nov. 9 Smouther Exam 2
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3 Careers, Careers, Careers Procurement Strategic Sourcing Logistics Management Business Process Improvement Transportation Management Supply chain Financing Inventory Management Sales management New Product Launch SC Information Technologies Demand Planning Supply Management SC Project Management Types of Supply Chain Jobs
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4 Sample Hiring Companies AmerisourceBergen Merck (VP) AstraZeneca MetLife Bayer HealthCare PSEG BD Novartis Pharma Bristol-Meyers Squibb Sandoz Colgate-Palmolive Schering-Plough Deloitte Sciele Pharma Exelon Corporation Unilever Hoffmann-LaRoche UMDNJ Johnson & Johnson Itochu
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5 Sample Hiring Companies Aventis BASF Benjamin Moore Engelhard Corporation Genesis Healthcare Horizon Blue Cross Blue Shield IBM Intel JPMorgan Chase NJ Dept. of Treasury Praxair Time Warner Tyco International Updata Wachovia
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6 Skills Needed by Today’s Procurement Professional Business Knowledge and Skills • Customer and Market. • Product and Service • Process Design and Mgt • Technology • Business Finance Procurement Functional Skills • Demand Mgt. • Spend Analysis • Specification Mgt. Supply Market Analysis Cost Modeling Supplier Evaluation Negotiations Contracting Supplier Relationship Mgt. • Contract Mgt. • Customer Relationship Mgt. General Skills • Project Mgt. • Lean / Six Sigma • Team Building • Group Problem Solving • Change Mgt. • Coaching and Feedback • Public Speaking • Meeting Mgt.
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7 Join Professional Organizations Council for Supply Chain Management Professionals - CSCMP http://cscmp.org/membership/student.asp $25 Student Membership Association for Operations Management - APICS http://www.apics.org/membership/categories/student/default.htm $25 Student Membership Institute for Supply Management – ISM www.ism.ws Select “membership” Select “regular” Select “Dues Free” and Follow Instructions
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8 PRICE / COST ANALYSIS Part 1 Objective – Explore Basic Techniques used to Analyze Costs of Purchased Materials and Services
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9 How do Companies assure that they get the best price for what they buy?
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10 Competitive Bidding Quality, Service, Delivery Capability, etc are equal
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Class Oct1209 Student - Oct. 12 PRICE / COST ANALYSIS Part...

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