Guide to Cost Management

Guide to Cost Management

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Controllers recognize that modern cost management helps their companies make better operational and strategic decisions. By using such tools as ABC, ABM, balanced scorecard, and target costing, controllers can make their corporations leaders in their industry and create a competitive edge over corporations that are still relying on the qold time religionq of variance analysis, budgets, and cost-volume profit analysis.The 1997 Toyota Camry was the only car in its class that was introduced at a price lower than the price of the 1996 model. The lower price was attributed, in part, to cost savings realized from the redesign of a bumper that had fewer parts. ... The financial success of Daimler-Chryslera#39;s Jeep Grand Cherokee and Forda#39;s Expedition (both of which were brought to market in record time) points out theanbsp;...

Title:Guide to Cost Management
Author:Barry J. Brinker
Publisher:Wiley - 2000-02-07


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