Cost Management

191: How to Understand and Manage Your Input Costs w/ Jimmy Ankleseria

Back in 2016, I interviewed Jimmy Ankleseria over the course of two podcasts, on the topic of strategic cost management. They were very popular at the time, and contain a number of timeless insights into how we can be more strategic about understanding and managing the input costs of the products and services we buy.

With today being a holiday week here in the US, I have combined the original two shows – which clocked in at over 2 hours – into a single 40-minute episode.

Listen in to hear Jimmy share ideas of how to build cost models for both products and services, and then his approach for partnering with your supplier to manage total cost once the contract is signed.

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About the author

Philip Ideson

Philip Ideson is passionate about the role that procurement professionals and leaders can plan in creating competitive advantage for their organizations in ways that go beyond the traditional value proposition.

Philip founded Art of Procurement as a way for the procurement community to learn from each other, increasing the impact they have on their organizations. In 2017, he co-founded Palambridge, a virtual platform of procurement experts, technology, and intelligence. Palambridge provides a broad range of flexible procurement solutions, available on-demand.

Prior to Art of Procurement and Palambridge, Philip enjoyed a career that spanned the procurement value chain, working across three continents for organizations such as Accenture, Procurian, Ally Financial, Pfizer and Ford Motor Company.