How do you perform a cost breakdown?

Deciding on what supplier to buy from requires careful planning and consideration, but usually boils down to: Which supplier gives you the most and best bang for your buck?

Initial estimates can hardly be completely accurate, but it’s possible to increase this accuracy by preparing a detailed cost breakdown of all relevant cost factors. Depending on the accuracy level of the cost breakdown analysis, it can be leveraged within different steps of the process of choosing suppliers, both the initial research phase as well as the negotiation phase.

 

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Jacob Mannheimer, CEO | Prognos MKA AB
Jacob Mannheimer

CEO, New Customer Contacts

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