Proven strategy for reducing production and operating costs while increasing profits As the growth of the Internet shifts power to consumers, the pressure on companies to keep prices low will continue to mount. Increasingly corporations are relying on "margin management" and supply chain management as a means of keeping prices low while raising profits. Activity-based costing and management (ABC/M) data is key to succeeding in both these critical management strategies. This book explains how executives can effectively use the information furnished by cutting-edge ABC/M systems. The author, an acknowledged expert in the field, clearly defines the ABC/M system and explains how to use the information it provides for best results. He provides a rational framework for understanding the fifteen key defining characteristics of ABC/M and arms readers with an ABC/M Readiness Assessment test along with extremely user-friendly exhibits.
In this book, the basic concepts of Activity-Based Cost and Environmental Management are described, as well as how to make your own integrated Activity-Based Cost and Environmental Management implementations and how to get the most out of ...
Tools, concepts, techniques, and practices for business professionals or those considering a cost accounting specialty.
However, the process of codifying the concept to what ABC is best known for today is mainly attributable to Robin Cooper at the Harvard Business School. For more details, see H.T. Johnson's “It's Time to Stop Overselling ActivityBased ...
Seminar paper from the year 2004 in the subject Business economics - Controlling, grade: 1,5, University of Wales, Newport, course: Management Accounting, 14 entries in the bibliography, language: English, abstract: The initial aim of this ...
By now, most companies know that activity-based costing, an innovative accounting system that breaks down overhead far more precisely than old-fashioned systems do, can be used to trim waste, improve...
A practical, applications-rich guide to this new cost management methodology Implementing Activity-Based MANAGEMENT In Daily Operations John Miller's lucid presentation of the principles and practice of activity-based management and activity-based...
Customers Activities Resources Costs 1. served by consume have Costs Resources Activity Pools Costs Objectives 2. ... Activity-based costing model. benchmarking, process improvement, process reengineering, Total Quality Management (TQM) ...
This book shows you how to implement time-driven activity-based costing (TDABC), an easier and more powerful way to implement ABC.
Describes and explains activity-based concepts in the context of cost and management accounting.
Process and Activity-Based Costing