Prepare cost-plus pricing models

Description

Make up cost and pricing models on a regular basis by taking into account the cost of materials and supply chain, personnel and operating costs.

Alternative labels

develop cost-plus pricing models
provide cost-plus pricing models
arrange cost-plus pricing models
supply cost-plus pricing models
preparing a cost-plus pricing model
plan cost-plus pricing models
prepare a cost-plus pricing model
preparing cost-plus pricing models

Skill type

skill/competence

Skill reusability level

cross-sector

Relationships with occupations

Essential skill

Prepare cost-plus pricing models is an essential skill of the following occupations:

Cost analyst: Cost analysts prepare regular costs, budgeting analyses and reports in order to contribute to the overall cost planning and forecasting activities of a business. They review and reconcile key balance sheets and identify new opportunities to save costs.
Pricing specialist: Pricing specialists analyse production prices, market trends and competitors in order to establish the right price, taking brand and marketing concepts into consideration.

Optional skill

Prepare cost-plus pricing models is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.

Manufacturing cost estimator: Manufacturing cost estimators collect and analyse data to evaluate the money, materials, labour and time required for manufacturing processes. They conduct analyses to identify (alternative) cost effective technical designs and production processes. They develop and use methods and tools for cost planning, controlling and analysis. They also perform quantitative and qualitative risk analyses and report on the development of costs.
Commercial director: Commercial directors are responsible for the income generation for the commercial sector of their company. They manage several commercial tasks such as setting targets, overseeing the development of products, planning and developing selling efforts, managing sales agents, and determining product prices.

 


 

References

  1. Prepare cost-plus pricing models – ESCO

 

Last updated on September 20, 2022