Explain the different methods for identifying fair, Supply Chain Management

Assignment Help:

Q. Explain the different methods for identifying fair?

i. Competition based pricing: In this method, a product's price is set based on the competitor's price for the same product.

ii. Pricing based on historic prices: In this method, the price is set based on the prices present in the existing contract or the prices set in the past for the same product.

iii. Pricing based on published catalogue or market price: This method involves comparing the published catalogue or market prices of products.

iv. Pricing based on parametric estimates: This method uses the statistical relationship between historical data and other variables to establish a price for products.

v. Pricing based on independent in-house estimates: This method involves comparing the price with the price of similar products in the market.

vi. Pricing based on market research for same or similar products: This method involves comparing the price with the price of similar products in the market.

vii. Pricing based on negotiations: This method is a common approach to pricing.


Related Discussions:- Explain the different methods for identifying fair

Supply chain network for a product, Consider a supply chain network for a p...

Consider a supply chain network for a product with n supplier, m manufacturer, and p warehouse nodes.  The unit shipment costs from supplier i to plant j are represented by cij and

Analysis assumptions explicitly, Steve Rothel was purchasing manager for th...

Steve Rothel was purchasing manager for the mid-west division of the Terpend Corporation. Shortly before his company was to install an exhaust system in a new construction project,

Contracts, Hello, I have made contacts through phone and chat and email but...

Hello, I have made contacts through phone and chat and email but no response. How can I make sure I will get my order on time?

MATERIALS MANAGEMNT, what activities should be assigned to materials manage...

what activities should be assigned to materials managemnt

how may cds should top gun order, Top Gun Records and various movie studio...

Top Gun Records and various movie studios have decided to sign a revenue-sharing contract for DVDs.  Every DVD costs the studio $2 to make.  The DVD will be sold to Top Gun for $3.

Store management and stock control, benefits of organisation adopting a log...

benefits of organisation adopting a logical coding system for use in the store

Supply chain quality improvement, Supply Chain Quality Improvement Lean...

Supply Chain Quality Improvement Lean  is  a journey of  continuous  improvement.  Suppliers  must  often be provided with technical assistance which leads to co operation. At

Logistics, Discuss the logistics strategies

Discuss the logistics strategies

Raw Materials Planning, what are some theories that would support on my re...

what are some theories that would support on my research study?

Inspection necessity, Inspection N ecessity:    In    case   of   pr...

Inspection N ecessity:    In    case   of   project    management,    planning    and    quality management are necessary processes. However, for quality maintenance and pro

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd