Program Information

Duration:

1 Day

Fees:

RM 1,000

Mode:

Online

Program Overview

Often procurement decisions are still made on piece costs ignoring supply chain and other indirect costs. In the world of global sourcing such decisions can end up being very expensive mistakes. In this course, the focus is on developing the skills to correctly evaluate total landed costs (TLC) and estimate total costs of ownership (TCO) if applicable.

Is this course for you?

This course is designed for procurement professionals with 2-3 years of experience.

Program Content Highlights

  • Learn the fundamental concepts of TLC and TCO as well as the basics of net present value analysis.
  • Learn how to obtain the data required for cost analysis from stakeholders and also review techniques such as product segmentation
  • Learn how cost driver models can be used to improve procurement of material and how to manage commodity price volatility.
  • Teams will be asked to analyze and apply TLC and TCO to specific sourcing situations involving cross-border shipments and present their solutions.

All our short courses are under HRDCorp claimable course (SBL-Khas) scheme, subject to prior application to HRD Corp by the employers/companies.

Program No:
Provider Name: Malaysia Logistics Innovation Berhad
Training Provider ID No: 936566

Curriculum

What is TLC, TCO, and Present Value?
This session will define the fundamental concepts of TLC and TCO as well as the basics of net present value analysis. Examples will be presented to illustrate common sourcing errors from incorrect cost analysis and how to avoid them

Methods of Cost Analysis
This session will discuss how to obtain the data required for cost analysis from stakeholders. It will also review techniques such as product segmentation and ABC analysis.

Team exercises
Teams will be asked to analyze and apply TLC and TCO to specific sourcing situations involving cross-border shipments and present their solutions for critical evaluation by faculty and peerarning)

Cost Drivers and Volatility
Cost driver models can be used to improve continuous procurement of material. This session will illustrate how cost driver models can be developed for significant commodities. The impact of price and demand volatility on multi-period sourcing decisions as well as risk mitigation for volatility will be discussed

Trainers & Industry Experts

Get More Information

    OnlineClassroom

    MISI University
    No. 2A, Persiaran Tebar Layar,
    Seksyen U8, Bukit Jelutong, Shah Alam,
    40150 Selangor, Malaysia.

    Stay up to date on the latest news from MISI

      Connect with Us

      Copyright © MISI University 2022 - Privacy Policy