Description
Collaborative approaches to cost management allow the buyer and seller to use their resources to achieve cost goals. Two methods were discussed: Target pricing and cost-sharing. Research both topics and provide examples of products/companies who have successfully used these methods. Include factors that made each method appropriate for the example you provide.
Purchasing and Supply Chain Management, 6th ed; Robert B. Handfield; Larry C. Giunipero; James L(does not count as a scholarly source)