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

Define traffic assignment in transportation system, Define traffic assignme...

Define traffic assignment in transportation system and discuss the major aims of traffic assignment? It is the method of assigning a set of trip interchange data to a specified

Supplier quality rating, S upplier quality rating Over a period of tim...

S upplier quality rating Over a period of time supplier quality rating provides a quantitative summary of supplier quality. This type of rating is useful in deciding how to al

Stores and inventory, the role of inventory management in supply chain

the role of inventory management in supply chain

Linear programming, Hello i need some help with a homework for next Monday ...

Hello i need some help with a homework for next Monday regarding linear programming.

Ace, supply chain of milk

supply chain of milk

What are the different methods for evaluating inventory cost, Q. What are t...

Q. What are the different methods for evaluating inventory cost? i. FIFO method ii. Average cost method iii. LIFO method iv. Actual cost method v. Base stock prices

Raw material., who''s responsiblity to conform the requirement of the raw m...

who''s responsiblity to conform the requirement of the raw material

Historic time series - unemployment rates, Using historic time series data ...

Using historic time series data on monthly unemployment rates from January 2001 to April 2011, calculate the following: a) Monthly adjusted seasonal indices using monthly moving

Discuss the main factors that affect transportation decision, Discuss the m...

Discuss the main factors that affect transportation decisions. Two main factors that affect transportation decisions- Carriers and Customers. Carriers - a)      Vehicle

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