Cost Management Certification Training Course

Duration: 4 months
Live Sessions: 4
1 month apart (2 hours each)
Upcoming Cohorts:
September 15th, 2026 start date
October 13th, 2026 start date
Standard Price: $1,375 USD
Early Registration: $1,200 USD
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Transform your purchasing impact

This four-month online program equips purchasing professionals with essential skills, tools, and techniques to understand, model and negotiate costs effectively.

Participants complete a hands-on project that provides a measurable ROI, enabling them to manage direct and indirect costs, achieve cost savings, and adopt predictive pricing strategies to drive competitive advantage.

Course Curriculum

  • Month 1: Constructing Effective Market Tests – Understanding Costs & Effective Use of Cost Breakdowns
  • Month 2: Building and Using Price and Cost Models
  • Month 3: Validating Optimal Costs and Using Data to Predict Supplier Pricing
  • Month 4: Analyzing Total Acquisition and Relationship Costs
  • “The monthly live sessions with Jeoff were very insightful. Learnt a lot about Sourcing and Supplier Negotiations. The online course materials were also very helpful in supporting my learning.”
    Sourcing Project Manager at a billion-dollar automotive group
  • “I have been in Purchasing for 30 years but still learned quite a bit from the training. The OCV project that I worked on during this course proved very beneficial and has helped me compile the necessary information to proceed with resourcing. In a couple conference calls the week after our presentations, many of the other Buyers who took this training commented on what a great class it was, how much was learned, and the documents provided will be very helpful for us going forward.”
    Commodity Manager at a leading industrial manufacturer
  • “I honestly think this should be a mandatory training for every person in the Purchasing area as it covers all of the aspects of costing and negotiation.”
    Sr. Buyer at a global Tier 1 automotive supplier

Course Activities to Earn Certification

  1. Attend (4) 2-hour live virtual training sessions
  2. Complete activities on APD Learn online training platform
  3. Apply skills learned to real-world course project
    • Expected hours to complete course – 32 CE Credits

After completing the program participants have learn how to:

  • Conduct best practice sourcing events/construct effective market tests for new and existing business
  • Understand manufacturing costs
  • Evaluate supplier pricing with or without supplier cost breakdowns
  • Build several types of cost models to estimate pricing on new programs and to evaluate supplier quotes
  • Choose the right cost methods and models for their commodities
  • Conduct effective knowledge-based negotiations to obtain cost transparency and move pricing towards optimal
  • Identify cost reduction opportunities with detailed cost breakdowns and cost models
  • Respond rapidly to sales and engineering cost inquiries

Meet the Trainer

Jeoff Burris is the Founder and Principal of Advanced Purchasing Dynamics (APD), a firm established in 2004 and committed to helping manufacturers create competitive advantage through the application of knowledge-based cost management and negotiations.

Burris has thirty years of specialized experience in manufacturing working globally for companies such as Ford, Magna and Simpson Industries across a diversity of roles from Buyer to Group General Manager.

Interested in other APD Procurement Training topics? Download the full catalog here:

Questions about this course, group pricing, company-specific classes, or in-person training options?
Reach out to APD’s Director of Training, Denise Mattern, for guidance.
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