Want to understand how procurement teams actually save money? 💰
In this video, we break down Cost & Price Analysis in a simple and practical way.
You’ll learn:
✔️ Key cost elements in procurement
✔️ Difference between cost vs price
✔️ Cost reduction vs cost avoidance (very important!)
✔️ How value analysis & value engineering improve savings
✔️ Practical examples from real supply chain scenarios
This video is perfect for:
Procurement professionals, supply chain beginners, MBA students, sourcing managers, and anyone who wants to learn strategic cost management.
📌 If you work in procurement, this is a must-know concept! #procurement
#supplychain
#costreduction
#strategicsourcing
#costmanagement
#valueengineering
#supplychainmanagement
#sourcing
#logistics
#digitalprocurement
#procurementtraining
#operationsmanagement
