Why Cost Modeling And Price Benchmarking Are Ineffective For Strategic Sourcing
Sourcing Advisors Group
SEPTEMBER 18, 2020
Many in Procurement and Strategic Sourcing espouse the use of should-cost or clean-sheet models, benchmarks and other behavior sensing models in support of negotiating prices on direct and indirect spend category products & services. Even the simplest of services model is challenging to estimate with any level of precision.
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