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How to Model your Product Costs

Our exclusive cost-modelling webinar takes a look at how modelling can be used to better understand your spending and use it to drive efficiencies and value in your supply chain.

Webinar presented by:

SimonF_photo  JoeP photo  JamesC Photo

Watch Full Webinar Series

Cost Modelling Webinar_Teaser

 

How to Model your Product Costs

Our exclusive cost-modelling webinar takes a look at how modelling can be used to better understand your spending and use it to drive efficiencies and value in your supply chain.

How to Model your Product Costs

Our exclusive cost-modelling webinar takes a look at how modelling can be used to better understand your spending and use it to drive efficiencies and value in your supply chain.

Webinar presented by:

SimonF_photo  JoeP photo  JamesC Photo

Watch Full Webinar Series

 

Cost model training: Watch our two-part series here

 

SF Mintec Cost Modelling Webinar - Part 1

 

Session 1

Maximising value from cost modelling

  • What is cost modelling?

  • When to use cost modelling

  • Selecting the right cost model

  • Optimising a recipe cost

  • Optimising specific material costs

 

SF Mintec Cost Modelling Webinar - Part 2

Session 2

Optimising the
ingredients costs

  • ‘Be the Detective’ – Find the Story

  • Supply Chain Mapping

  • High level cost overview

  • Value Chain Mapping

  • Assessing the impact of quantity

  • Deriving value from your cost model

Quote

I use Cost Models to track my Buyers performance; Mintec Market Prices v's Actual prices achieved by my Buyers. This forms part of my monthly performance review of the team.

Mintec Cost Model Customer