More control and success at the negotiating table.
Know what you should be paying before you meet with suppliers. Accomplish your negotiating objectives armed with accurate and irrefutable data. Should-Cost Models place you in the drivers seat and almost always lead to lower prices.
Attract the best suppliers.
Modeling attracts the best kind of suppliers. Those that are comfortable with transparency and will talk openly about their costs. They will welcome this approach to negotiating both because their margins are taken into account, and because youre creating a open relationship based on market facts. The best suppliers will see modeling as a disciplined and fair process.
Weve been refining it for years, and now its easier than ever.
Our members buy everything from electric motors to steel components to wooden pallets. They monitor should-cost trends for what they buy using Should-Cost Models which can be created in minutes. Should-Cost Models work by combining commodities and other cost drivers (including supplier overheads and profits) into one finished good or service. ProPurchasers software then calculates changes, over time, to all cost drivers so theyre always up to date. In other words, no matter when you decide to refer to one of your should-cost models, you get to see what you should be paying now.
Easy to modify, share and update.
Once a Should-Cost Model is created, it goes into automatic pilot, with cost drivers updated and reported on monthly. If you need to make a change, modifying elements within a model is simple. And you can easily share models by emailing charts directly to suppliers / colleagues, or printing them off.