Zero Base Pricing: Achieving World Class Competitiveness Through Reduced All-In-Costs

Zero Base Pricing: Achieving World Class Competitiveness Through Reduced All-In-Costs by Burt, David K.. hardcover edition. ISBN: 9781557381323.

Americas most successful companies have begun to redirect their product pricing and cost-cutting efforts from merely trying to get the best price from their suppliers to a more rigorous and all-emcompassing new concept called Zero Based Pricing. This new approach, based on the all-in-costs approach to purchasing management, addresses all the phases of a products manufacturing process, including its design, the procurement of raw materials and/or the component parts or sub-assemblies, the labor and production equipment and plant used to manufacture it and its quality. The breadth of Zero Based Pricing even extends to the firms relationships with its unions and outside suppliers, the goal of which is to create a partnership to produce the best product at the lowest possible price.