Entries tagged as pricing model

I am a fan of the total cost of ownership (TCO) model. Simply put, it is an assessment of all costs, both direct and indirect, that are involved with an item over its life. While many of the cost elements are estimated, you can build a pretty accurate forward looking cost model based on experience or current cost forecasts. The key is to be aware of all associated costs of a purchase.

With many of those ‘green shoots’ in the economic recovery turning into small gardens, suppliers coming out of a period of poor revenue and depressed margins may try to spring a price increase on unsuspecting customers. Hold the line! ...click on the title to read more

Prudent purchasing decisions have to be made with the economy in mind and buyers of chicken wings are experiencing this first hand.