do you want to make a sauce like it for your own use or do you have commercial intentions? if it is the latter, this post might be a problem for you down the road.
if it is for personal use, below is the technique i use to make sauce like another i have tasted (it presumes you know whether or not the sauce is tomato, mustard or vinegar based):
1. narrow the heat source (black pepper or chiles)
2. try and id the sweet part (brown sugar, honey, molasses, fruit, etc.)
3. establish an opinion about the vinegar content (low, tangy or primarliy vinegar based)
4. determine if you can taste salt...if so, does it taste like worcestechire?
5. the easiest ingredient to identify is liquid smoke - a little, a lot or none
i know this sounds overly simplistic but if you have some idea of the main tastes in a sauce you can start pouring through the litany of sauce recipes in paul kirks book and get close to a base recipe. tweak from there to get closer and closer.
bbq sauce lore and its role in good bbq is hocus pocus (another opinion) - everybody can make bbq good sauce - it is a lot easier than making good bbq.