The Role of Supply Management in Target Costing

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Publisher :
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.4/5 (91 download)

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Book Synopsis The Role of Supply Management in Target Costing by : Lisa M. Ellram

Download or read book The Role of Supply Management in Target Costing written by Lisa M. Ellram and published by . This book was released on 1999 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Cost Management in Supply Chains

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Publisher : Springer Science & Business Media
ISBN 13 : 3662113775
Total Pages : 430 pages
Book Rating : 4.6/5 (621 download)

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Book Synopsis Cost Management in Supply Chains by : Stefan Seuring

Download or read book Cost Management in Supply Chains written by Stefan Seuring and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Target Cost Management

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Publisher : CRC Press
ISBN 13 : 1439835616
Total Pages : 222 pages
Book Rating : 4.4/5 (398 download)

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Book Synopsis Target Cost Management by : Jim Rains

Download or read book Target Cost Management written by Jim Rains and published by CRC Press. This book was released on 2010-08-12 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 and Value Engineering

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Publisher : Routledge
ISBN 13 : 1351411764
Total Pages : 232 pages
Book Rating : 4.3/5 (514 download)

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Book Synopsis Target Costing and Value Engineering by : Robin Cooper

Download or read book Target Costing and Value Engineering written by Robin Cooper and published by Routledge. This book was released on 2017-10-19 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.)

Target Costing

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Publisher : Irwin Professional Publishing
ISBN 13 :
Total Pages : 272 pages
Book Rating : 4.3/5 (97 download)

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Book Synopsis Target Costing by : Shahid L. Ansari

Download or read book Target Costing written by Shahid L. Ansari and published by Irwin Professional Publishing. This book was released on 1997 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Supply Chain Development for the Lean Enterprise

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Publisher : Routledge
ISBN 13 : 1351412728
Total Pages : 496 pages
Book Rating : 4.3/5 (514 download)

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Book Synopsis Supply Chain Development for the Lean Enterprise by : Robin Cooper

Download or read book Supply Chain Development for the Lean Enterprise written by Robin Cooper and published by Routledge. This book was released on 2017-12-06 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Four questions determine whether a company is using interorganizational cost management. Does your firm set specific cost-reduction objectives for its suppliers? Does your firm help its customers and/or suppliers find ways to achieve their cost-education objectives? Does your firm take into account the profitability of its suppliers when negotiating component pricing with them? Is your firm continuously making its buyer-supplier interfaces more efficient? If the answer to any of these questions is ""no"", your firm risks introducing products that cost too much or are not competitive. The full potential of the supply network can be realized only when the entire supply chain adopts interorganizational cost management practices. Competitive pressure has led many firms to try to increase the efficiency of supplier firms through interorganizational cost management systems, a structured approach to coordinating the activities of firms in a supplier network to reduce the total costs in the network. It is particularly important to lean enterprises for two reasons: Lean enterprises typically outsource more of the added value of their products than their mass producer counterparts. Lean enterprises usually compete more aggressively and must manage costs more effectively. Interorganizational cost management can reduce costs in three ways: through product design, through product manufacture and through cooperative approaches between buyers and suppliers to build smoother interfaces. However, more than just cost management must cross interorganizational boundaries. Suppliers are also a major source of innovation for lean enterprises. Successful supplier networks encourage every firm in the network to innovate and compete more aggressively. Read this book to learn to manage the supply chain to forge competitive advantage while reducing costs.

Target Costing

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Publisher : CRC Press
ISBN 13 : 9780824746117
Total Pages : 296 pages
Book Rating : 4.7/5 (461 download)

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Book Synopsis Target Costing by : M. Bradford Clifton

Download or read book Target Costing written by M. Bradford Clifton and published by CRC Press. This book was released on 2003-09-09 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compiling practical recommendations gleaned from more than 20 years of professional experience, Target Costing: Market Driven Product Design provides numerous examples from field authorities that illustrate valuable concepts and approaches employed in the application of target costing to large-scale manufacturing operations. The authors discuss setting the target product level and subsystem level, maintaining competitive costs, applying the principles of target costing in practice, and quantifying customers' needs.

The SAGE Handbook of Strategic Supply Management

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Publisher : SAGE
ISBN 13 : 1473971640
Total Pages : 546 pages
Book Rating : 4.4/5 (739 download)

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Book Synopsis The SAGE Handbook of Strategic Supply Management by : Christine Harland

Download or read book The SAGE Handbook of Strategic Supply Management written by Christine Harland and published by SAGE. This book was released on 2013-01-23 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook is the first substantive, multidisciplinary academic work to make coherent analysis of supply systems from the perspective of purchasing and supply, operations management, logistics, supply chain management, service management, industrial or relationship marketing, and inter-organisation networks. Selected by a team of leading international scholars, chapters examine key issues in the context of globalization and the move towards co-operative interorganisation network working. Expert contributors examine supply at different systems levels and differentiate between supply policy, strategy, management and operations. Organised into themed parts, the insightful introduction provides the framework for the Handbook that is divided into themed parts; it positions empirical research in the current academic context and highlights possible directions for future exploration. The Handbook will be the touchstone of any researcher interested in broadening and deepening their understanding of supply systems.

Management Accounting in Supply Chains

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Publisher : Springer Nature
ISBN 13 : 3658285974
Total Pages : 263 pages
Book Rating : 4.6/5 (582 download)

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Book Synopsis Management Accounting in Supply Chains by : Andreas Taschner

Download or read book Management Accounting in Supply Chains written by Andreas Taschner and published by Springer Nature. This book was released on 2020-07-15 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Companies more and more compete as integrated supply chains rather than as individual firms. Success of the entire supply chain (SC) determines the economic well-being of the individual company. With management attention shifting to supply chains, the role of management accounting (MAC) naturally must extend to the cross-company layer as well. MAC can make a significant contribution to SC success, but is faced with a multitude of problems and challenges when trying to do so. Students both in supply chain management (SCM) or management accounting (MAC) respectively, are typically not familiarized with these issues. There is still a clear gap in higher education teaching when it comes to management accounting in a cross-company setting. This textbook wants to fill the gap. It targets students who are already familiar with the fundamentals of accounting and now want to extend their expertise in the field of cross-company (or network) management accounting – with supply chains being the typical case in point. Practitioners might draw valuable insights from the text as well. This textbook has been developed for university courses conducted in English language, especially in Germany, Austria and Switzerland. Additional questions via app: Download the Springer Nature Flashcards app for free and use exclusive additional material to test your knowledge.

Strategic Cost Management

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Publisher : Simon and Schuster
ISBN 13 : 0029126517
Total Pages : 298 pages
Book Rating : 4.0/5 (291 download)

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Book Synopsis Strategic Cost Management by : John K. Shank

Download or read book Strategic Cost Management written by John K. Shank and published by Simon and Schuster. This book was released on 1993 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Essentials of Cost Management

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Publisher : John Wiley & Sons
ISBN 13 : 0471445096
Total Pages : 289 pages
Book Rating : 4.4/5 (714 download)

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Book Synopsis Essentials of Cost Management by : Catherine Stenzel

Download or read book Essentials of Cost Management written by Catherine Stenzel and published by John Wiley & Sons. This book was released on 2003-01-24 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: An accessible, practical survey of cost management methods Essentials of Cost Management provides an unbiased survey and explanation of the cost management approaches and methods currently available for immediate application in day-to-day activities. Rather than advocate a particular method, this book assists readers in choosing the best approach or blend of cost management strategies to address specific business problems. The expert authors also discuss cutting-edge topics such as target costing, capacity management, and activity-based costing/management.

Cost Management Through Product Design

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Cost Management Through Product Design by : Yasemin Zengin Karaibrahimoglu

Download or read book Cost Management Through Product Design written by Yasemin Zengin Karaibrahimoglu and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this study is to explore the role of target costing in managing product costs while promoting quality specifications that will meet customer requirements. In addition, it aims to develop a target costing module that will simplify implementation of target costing especially in small and medium enterprises (SMEs). Tools of operations management such as quality function deployment (QFD) and value engineering (VE) have been considered and evaluated in terms of their integration into the target costing. In order to investigate the total effect, an implementation of the QFD deployment-target costing process (QFD-TC process) was conducted in a small manufacturing company. Previous studies on target costing were mostly conducted in lead companies. This study focuses on implementation of the QFD-TC process in SMEs. Overall, it was found that the QFD-TC process was an essential technique in managing the costs of both a product and the overall production process. Combining target costing with QFD and VE techniques provides companies with a competitive cost advantage.

Supply Chain Strategy and Financial Metrics

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Publisher : Kogan Page Publishers
ISBN 13 : 0749482583
Total Pages : 289 pages
Book Rating : 4.7/5 (494 download)

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Book Synopsis Supply Chain Strategy and Financial Metrics by : Bram DeSmet

Download or read book Supply Chain Strategy and Financial Metrics written by Bram DeSmet and published by Kogan Page Publishers. This book was released on 2018-05-03 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Supply Chain Strategy and Financial Metrics is a step-by-step guide to balancing the triangle of service, cost and cash which is the essence of supply chain management. Supply chains have become increasingly strategy-driven, and this Supply Chain Triangle approach puts the supply chain at the heart of the strategy discussion instead of seeing it as a result. Supply Chain Strategy and Financial Metrics fully reflects the 'inventory' or 'working capital' angle and examines the optimisation of the supply chain and Return on Capital Employed. Including case studies of Barco, Casio and a selection of food retail companies, this book covers building a strategy-driven KPI dashboard, target setting and financial benchmarking. Regular examples and diagrams illustrate how different types of strategies lead to different trade-offs in the Supply Chain Triangle. This ground-breaking text links supply chain, strategy and finance through financial metrics, therefore creating value for the shareholder. Online supporting resources include worksheets covering basic financial concepts such as cash flow and working capital, with example data sets and guidelines/exercises to make it interactive.

Supply Chain Management For Dummies

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Publisher : John Wiley & Sons
ISBN 13 : 1119410193
Total Pages : 360 pages
Book Rating : 4.1/5 (194 download)

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Book Synopsis Supply Chain Management For Dummies by : Daniel Stanton

Download or read book Supply Chain Management For Dummies written by Daniel Stanton and published by John Wiley & Sons. This book was released on 2017-11-29 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Everyone can impact the supply chain Supply Chain Management For Dummies helps you connect the dots between things like purchasing, logistics, and operations to see how the big picture is affected by seemingly isolated inefficiencies. Your business is a system, made of many moving parts that must synchronize to most efficiently meet the needs of your customers—and your shareholders. Interruptions in one area ripple throughout the entire operation, disrupting the careful coordination that makes businesses successful; that's where supply chain management (SCM) comes in. SCM means different things to different people, and many different models exist to meet the needs of different industries. This book focuses on the broadly-applicable Supply Chain Operations Reference (SCOR) Model: Plan, Source, Make, Deliver, Return, and Enable, to describe the basic techniques and key concepts that keep businesses running smoothly. Whether you're in sales, HR, or product development, the decisions you make every day can impact the supply chain. This book shows you how to factor broader impact into your decision making process based on your place in the system. Improve processes by determining your metrics Choose the right software and implement appropriate automation Evaluate and mitigate risks at all steps in the supply chain Help your business function as a system to more effectively meet customer needs We tend to think of the supply chain as suppliers, logistics, and warehousing—but it's so much more than that. Every single person in your organization, from the mailroom to the C-suite, can work to enhance or hinder the flow. Supply Chain Management For Dummies shows you what you need to know to make sure your impact leads to positive outcomes.

Target costing

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Publisher :
ISBN 13 : 9781932301236
Total Pages : 250 pages
Book Rating : 4.3/5 (12 download)

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Book Synopsis Target costing by : Shahid L. Ansari

Download or read book Target costing written by Shahid L. Ansari and published by . This book was released on 1997 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fundamentals of Supply Chain Management

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Publisher : Bookboon
ISBN 13 : 8776817989
Total Pages : 112 pages
Book Rating : 4.7/5 (768 download)

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Book Synopsis Fundamentals of Supply Chain Management by :

Download or read book Fundamentals of Supply Chain Management written by and published by Bookboon. This book was released on with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Surviving Supply Chain Integration

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Publisher : National Academies Press
ISBN 13 : 0309173418
Total Pages : 162 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Surviving Supply Chain Integration by : National Research Council

Download or read book Surviving Supply Chain Integration written by National Research Council and published by National Academies Press. This book was released on 2000-03-23 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: The managed flow of goods and information from raw material to final sale also known as a "supply chain" affects everythingâ€"from the U.S. gross domestic product to where you can buy your jeans. The nature of a company's supply chain has a significant effect on its success or failureâ€"as in the success of Dell Computer's make-to-order system and the failure of General Motor's vertical integration during the 1998 United Auto Workers strike. Supply Chain Integration looks at this crucial component of business at a time when product design, manufacture, and delivery are changing radically and globally. This book explores the benefits of continuously improving the relationship between the firm, its suppliers, and its customers to ensure the highest added value. This book identifies the state-of-the-art developments that contribute to the success of vertical tiers of suppliers and relates these developments to the capabilities that small and medium-sized manufacturers must have to be viable participants in this system. Strategies for attaining these capabilities through manufacturing extension centers and other technical assistance providers at the national, state, and local level are suggested. This book identifies action steps for small and medium-sized manufacturersâ€"the "seed corn" of business start-up and developmentâ€"to improve supply chain management. The book examines supply chain models from consultant firms, universities, manufacturers, and associations. Topics include the roles of suppliers and other supply chain participants, the rise of outsourcing, the importance of information management, the natural tension between buyer and seller, sources of assistance to small and medium-sized firms, and a host of other issues. Supply Chain Integration will be of interest to industry policymakers, economists, researchers, business leaders, and forward-thinking executives.