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Supplier Risk: Share of Spend, Single-Source Flags and a Weighted Risk Score

Lesson 6 of 815 minLab

This lesson is part of the course

In this lesson

You measure each supplier's share of spend, flag single-source suppliers, build a weighted risk score and show how much of the spend depends on suppliers you cannot replace quickly.

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Lessons in this course

  1. Savings Maths: Cost Reduction vs Cost Avoidance, Volume-Weighted and In-YearLab15 min Locked
  2. Should-Cost: Build the Price Up from Material, Conversion, Overhead and MarginLab15 min Locked
  3. Total Cost of Ownership: Price, Freight, Duty, Carrying Cost and Quality Cost per UnitLab16 min Locked
  4. Comparing Quotes: Early-Payment Discounts as an Annual Rate and the Normalised Unit CostLab16 min Locked
  5. Price Indexation: Base vs Current Index, a Weighted Formula, the Cap and the Allowed ChangeLab14 min Locked
  6. Supplier Risk: Share of Spend, Single-Source Flags and a Weighted Risk ScoreLab15 min Locked
  7. Negotiation Prep: Walk-Away, Target and Opening Price from Cost Data, and a Concession PlanLab15 min Locked
  8. Timed Case Exhibit: Price-Increase Questions on One Category and a Score SheetLab18 min Locked