Synopses & Reviews
Synopsis
Preface.- Acknowledgements.- Introduction to the Book.- Definitions and typical issues.- The K-Method, example of a price formula.- Solutions for big issues using the K-Method.- Reasonig for the introduction of the K-Method.- The K-Method and other industries.- Outlook on advanced technologies.- Specific issues when designing a price formula.- Implementation in the ERP system.- Specification features of selected categories.- Value analysis.- Step prices.- Consistent prices.- Deduction of the price formula.
Synopsis
The book describes the K-Method which has been developed by the authors. The purpose of the K-Method is to negotiate and administrate a complex portfolio of customised materials, all belonging to the same purchasing group (e.g. labels). The underlying idea is to agree prices for specification features, instead of giving each material an individual price based on its unique specification. By doing so, a price formula will be agreed between the buyer and supplier which even defines prices of future materials with any kind of specification.