Art of Procurement cover image

529: Key Takeaways from ProcureCon EU w/ Helen Mackenzie and Philip Ideson

Art of Procurement

00:00

Should Cost Analysis Is a Missed Opportunity

We talked about using should cost analysis and I would say that most of the folks in our table who were in the direct material space could talk about using cost estimating. Those that had responsibility for indirect it was a little bit more I'd know 5050 there wasn't that much it wasn't as prevalent as the use of should cost analysis which to me is really missed opportunity. There's not a direct correlation between input costs and you know the cost of a service when you're talking about increases I think there's more of a closer connection.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app