Should-Cost Modeling — Tool for Advancing Procurement Organizations Should-Cost

This is a video recording of a recent live event.

Should-cost modeling (or bottom-up cost calculation) is a concept that has been around for decades and has been a standard tool in the automotive industry for more than 30 years. However, with cost pressures from inflation and a more competitive market, should-cost modeling is gaining popularity and attention. Market leaders across industries and categories — both direct and indirect — are using digital should-cost modeling tools as a dynamic way to track costs and even predict the development of key cost drivers.

In this webcast, GEP provides an overview of should-cost modeling, the ways technology supports its use and best practices for its application.

Key Discussion Points: 

  • GEP’s POV on should-cost modeling
  • Should-cost modeling tool demo
  • Practical use case and should-cost models

To continue reading or download the PDF,

Please Log In or Register