Total Analyzed Cost
Total Analyzed Cost is the sum of weighted analyzed costs of all items and of all suppliers.
The formula for the weighted analyzed cost of an item for a particular supplier is given below:
Item analyzed cost = (bid price weight x purchasing cost) + performance cost
The total analyzed cost is displayed in the Analyze tab of an RFx or in certain reports and can be used to evaluate award suggestions in a scenario. You can analyze it along with the total purchasing cost and the total performance cost to understand the various costs of working with a supplier.
Note: It is a representative price and does not indicate the actual price you will pay for the
item.
The following table displays the total analyzed cost for an item in a scenario.
| Supplier | Quantity | OTC | PPU | BVD | Purchasing cost | Bid Price Weight | Bid Factor Weight | Performance Cost | Total Analyzed Cost |
|---|---|---|---|---|---|---|---|---|---|
| All | 1000 | 2000 | 39.24 | 41,242.64 | 400 | 36,994.11 | |||
| Supplier A | 586 | 1000 | 45.00 | 15% | 23,264.50 | 0.8 | 0.2 | 200 | 20,611.6 |
| Supplier B | 414 | 1000 | 41.01 | 17,978.14 | 0.8 | 0.2 | 200 | 16,382.51 | |
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