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	Finance - Cost of Acquisition-Supplier Checklist
	Rating:		Price: $5.99
	At A Glance
	This Word document template is a checklist for determining the various “hidden” costs of a supplier – those costs beyond just the purchase price to determine the “total” cost of a supplier for any company.
	Background
	Developing a model to determine the true total cost of a supplier is a superior methodology to selecting a supplier than using price alone. It is essential for a business to uncover hidden costs and the key is to develop a model that prompts you to ask the right type of questions when comparing various suppliers.
	Benefits
	Using this tool, you will be able to identify possible hidden costs of using a supplier - which can exceed 10-20% of the cost of the product – potentially saving your company hundreds of thousands of dollars.
	Time ROI
	It takes on average 6 hours to develop a list of questions to enable your company to determine the true low cost supplier. By using MyWorkTools.com, you will save approximately 5 hours since all you have to be input information directly related to your company.

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