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Cost Comparison Template Excel

$49.00

With the increasing number of available vendors in the marketplace, it is important to make sure many options are taken into consideration. Comparing different costs from multiple sellers increases your opportunity to make more informed decisions and increases your profitability, as a result. By using this Cost Comparison Template, you may analyze the optimum options in whether weighted or unit-based approach. In addition, the template allows you to compare the costs between different months and reveals the monthly/yearly cost trends, with the help of customizable charts and graphs.This template has five sections to compare the cost based on different approaches. Before the cost calculations, start with specifying the vendor names, units, and currency to be used in the template. The yellow notes in the dashboard are placed to explain the purpose of each section. In addition, you can choose whether or not to highlight the minimum unit cost from the “Highlight the min unit cost?” option.

With the increasing number of available vendors in the marketplace, it is important to make sure many options are taken into consideration. Comparing different costs from multiple sellers increases your opportunity to make more informed decisions and increases your profitability, as a result. By using this Cost Comparison Template, you may analyze the optimum options in whether weighted or unit-based approach. In addition, the template allows you to compare the costs between different months and reveals the monthly/yearly cost trends, with the help of customizable charts and graphs.This template has five sections to compare the cost based on different approaches. Before the cost calculations, start with specifying the vendor names, units, and currency to be used in the template. The yellow notes in the dashboard are placed to explain the purpose of each section. In addition, you can choose whether or not to highlight the minimum unit cost from the “Highlight the min unit cost?” option. In this section, you can compare the total cost of purchasing the same items from different vendors. You should input the quantity and unit for that item first, and then the unit prices of the different vendors. The template will show the lowest total cost on the top, with a colored cell. Besides that, you can also determine the budget required for the job. You will see a warning message if the total cost of purchasing the specified items from that vendor exceeds the previously set budget. You can select the name of the desired vendor from the dropdown menu. Please do not try to delete or manually edit the grey calculation cells. This section allows you to compare the cost of the same item in various amounts and from different vendors. You should set the unit first, and then enter amounts and prices. You will see the lowest cost per unit and the vendor name on the right side, even if the amounts are different.

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