Pricing and cost analysis
Published on: Mar 4, 2016
Transcripts - Pricing and cost analysis
PRICING AND COST ANALYSISAlejandra Soche – MC VP FL&M AIESEC in Colombia
PRICING IS CRITICAL1. Keeping cost maintained.2. Maintaining margins.3. Analyze trends.4. Evaluate historical data.5. Understand your costs.6. Better define your sales efforts.
1. Compare yourself with other LCs.2. What is your strategy ?.3. How will you implemented?BENCHMARKING
1. Labor tracking/reporting.2. Cost reduction as a culture.3. Negotiations with suppliers.4. Overhead structure.5. Process improvement.COST & EXPENSE REDUCTION