Elective Session 7: Cost-based Purchasing: Find the Right Purchasing Price Range for Your Product

Drawing on his experience as Sourcing Manager at a large consumer electronics company, and running his own trading company, Caglar will discuss the various parameters of a product price quoted by China suppliers.

He will explain what cost-based purchasing means, and how importers can leverage this to negotiate lower prices from their factory. Using case studies, Caglar will show how you can determine the actual product cost and find the right purchasing price range for your product by analyzing the Bill of Materials, production process, type of supplier, different tax measures, and many other factors.