Target Cost Management

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Target Cost Management
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Author : Jim Rains
language : en
Publisher: CRC Press
Release Date : 2010-08-12
Target Cost Management written by Jim Rains and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-08-12 with Business & Economics categories.
With a proven track record for helping companies achieve critical cost reductions without sacrificing customer satisfaction, target costing provides managers and executives with the tools to survive and prosper in today‘s increasingly competitive market without raising prices on customers. Target Cost Management: The Ladder to Global Survival and S
Target Costing
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Author : Shahid L. Ansari
language : en
Publisher: Irwin Professional Publishing
Release Date : 1997
Target Costing written by Shahid L. Ansari and has been published by Irwin Professional Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
Target Costing: The Next Frontier in Strategic Cost Management is the one-and-only reference of its kind, providing practical insights on using target costing to build a culture of excellence in your organization. Shahid Ansari, Jan Bell and the CAM-I Target Cost Core Group focus on the details and show how this strategic management process can provide your customers with the products they want, when they want them, at a price they can afford - and still earn your firm reasonable financial returns. The CAM-I group realized target costing was critical for success in our global economy and collaborated on this landmark work. Relying on state-of-the-art practices drawn from over 80 Japanese works, global best practices and personal experience, Target Costing describes the scope, framework, process and tools for implementing a robust and integrated target costing system.
Target Costing And Value Engineering
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Author : Robin Cooper
language : en
Publisher: Routledge
Release Date : 2017-10-19
Target Costing And Value Engineering written by Robin Cooper and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-19 with Business & Economics categories.
What would happen if everyone in your company followed a disciplined approach to cost reduction? Go ahead -- imagine it. What would it look like? How can it be done? The answer -- smart cost management. Effective cost management must start at the design stage. As much as 90-95% of a product's costs are added in the design process. That is why effective cost management programs focus on design and manufacturing. The primary cost management method to control cost during design is a combination of target costing and value engineering. Target Costing Objectives: Identify the cost at which your product must be manufactured at if it is to earn its profit margin at its expected target selling price. Break the target cost down to its component level and have your suppliers find ways to deliver the components they sell you at the set target prices while still making adequate returns. Value Engineering: The connection to function: An organized effort and team based approach to analyze the functions of goods and services that the design stage, and find ways to achieve those functions in a manner that allows the firm to meet its target costs. The result: Added value for your company (development costs on-line with added value for your company; development costs on-line with selling prices) and added value for your customer (higher quality products that meet, possibly even exceed, customer expectations.)
Innovations In Competitive Manufacturing
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Author : Paul M. Swamidass
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Innovations In Competitive Manufacturing written by Paul M. Swamidass and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
Innovations in Competitive Manufacturing is an examination of manufacturing innovations - both technical and knowledge-based. Over the recent past, technology has created dramatic changes in manufacturing. As a result, the book focuses on the use of technology in gaining competitive advantage in global manufacturing. Forty topics are surveyed in the book, organized into thirteen chapters. Each topic is a carefully written account by one or more leading researchers in that area. This is the first systematic examination of the recent innovations in manufacturing strategy and technology. In addition to providing an understanding of these manufacturing innovations, the book underscores the strategic importance of creating and sustaining the technological resources to ensure a stable manufacturing economic base. The book's purpose is to examine the elements that make today's manufacturers successful. Many examples from industry throughout the book will enable the reader to appreciate and comprehend the concepts presented in the article. In addition to the technical and innovative information, implementation issues concerning new ideas and manufacturing practices are explored within the topical discussions. Four in-depth descriptions of real-life cases provide illustration of key principles. The book has been constructed as a reference tool for manufacturing researchers, students, and practitioners. Hence, after reading the introduction `Innovation in Competitive Manufacturing: From JIT to E-Business', any section or topic in the book can be consulted and/or read in any sequence the reader may choose.
Strategic Cost Management
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Author : John K. Shank
language : en
Publisher: Simon and Schuster
Release Date : 1993
Strategic Cost Management written by John K. Shank and has been published by Simon and Schuster this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Cost accounting categories.
An indispensable guide for managers concerned with cost, strategy, and business re-engineering. Experts on the strategic use of cost data, the authors show how stategic cost management is revolutionizing accounting practices in leading companies. Includes numerous examples. 120 line drawings.
Handbook Of Cost Management
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Author : Roman L. Weil
language : en
Publisher: John Wiley & Sons
Release Date : 2005-05-31
Handbook Of Cost Management written by Roman L. Weil and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-05-31 with Business & Economics categories.
Handbook of Cost Management, Second Edition covers all of the essential topics in cost management and accounting. It includes conventional topics, such as job costing and cost allocation, as well as such current topics as balanced scorecard, economic value added, logistics and marketing cost, theory of constraints, inter-organizational costing, and the cost of quality.
Cost Management In Supply Chains
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Author : Stefan Seuring
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-09
Cost Management In Supply Chains written by Stefan Seuring and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-09 with Business & Economics categories.
Supply Chain Management and Cost Management are important developments helping companies to respond to increased global competition and demanding customer needs. Within the 23 chapters of the book, more than 35 authors provide insights into new concepts for cost control in supply chains. The frameworks presented are illustrated with case studies from the automotive, textile, white goods, and transportation industry as well as from retailing. Academics will benefit from the wide range of approaches presented, while practitioners will learn from the examples how their own company and the supply chains which they compete in, can be brought to lower costs and better performance.
Encyclopedia Of Production And Manufacturing Management
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Author : Paul M. Swamidass
language : en
Publisher: Springer Science & Business Media
Release Date : 2000-06-30
Encyclopedia Of Production And Manufacturing Management written by Paul M. Swamidass and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-06-30 with Business & Economics categories.
Production and manufacturing management since the 1980s has absorbed in rapid succession several new production management concepts: manufacturing strategy, focused factory, just-in-time manufacturing, concurrent engineering, total quality management, supply chain management, flexible manufacturing systems, lean production, mass customization, and more. With the increasing globalization of manufacturing, the field will continue to expand. This encyclopedia's audience includes anyone concerned with manufacturing techniques, methods, and manufacturing decisions.
The Target Costing Approach
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Author : Hendrik Vedder
language : en
Publisher: GRIN Verlag
Release Date : 2008-12
The Target Costing Approach written by Hendrik Vedder and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-12 with Business & Economics categories.
Essay from the year 2007 in the subject Business economics - Controlling, grade: 1,3, European Business School - International University Schlo Reichartshausen Oestrich-Winkel, course: Vertiefung Controlling, 8 entries in the bibliography, language: English, abstract: Contemporary times are characterized by quick, dynamic, and continuing changes in the economy. Therefore, companies have to adapt flexibly and innovatively to these changes in order to stay competitive and cope with the increasing pressure of competition. In particular, Asian and East-European competitors gain market share by offering products of better quality than in earlier times and for lower costs. Under these conditions, costs represent a fundamental factor for the success of western companies. Accordingly, management and employees have to fully exploit the potential that cost management and reduction measures offer. However, costs are not the only buying decision criterion. Customers expect products with high quality but for a low or moderate price. Correspondingly, companies have to adjust their new product developments and production systems to market requirements. This can be achieved by the Target Costing approach, a tool that is applied in more and more companies. Therefore, the aim of this essay is to explain the goals and method of Target Costing. It starts with giving some background information about Target Costing and its historical development. Chapter three describes the goals of Target Costing. Then, the Target Costing process is explained in detail. Finally, this essay concludes by discussing that Target Costing is an effective cost management tool for developing new products according to market requirements. ...]
Cost Accounting Fundamentals
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Author : Steven M Bragg
language : en
Publisher: Accountingtools, Incorporated
Release Date : 2022-02-23
Cost Accounting Fundamentals written by Steven M Bragg and has been published by Accountingtools, Incorporated this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-02-23 with categories.
Cost accounting is an essential management tool that can uncover profitability improvements and provide support for key business decisions. Cost Accounting Fundamentals shows how to improve a business with constraint analysis, target costing, capital budgeting, price setting, and cost of quality analysis. The book also addresses the essential tasks of inventory valuation and job costing, and shows how to create a cost collection system for these activities. In short, this book contains the essential tools needed to foster more profitable decision-making by management.