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Author: Shahid L. Ansari
Publisher: Mountain Valley Pub Llc
ISBN: 9781934940693
Category : Business & Economics
Languages : en
Pages : 264
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Book Description
"Target Costing is an essential tool for companies striving to achieve and maintain a position of true cost competitiveness."--Back cover.
Author: Shahid L. Ansari
Publisher: Mountain Valley Pub Llc
ISBN: 9781934940693
Category : Business & Economics
Languages : en
Pages : 264
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Book Description
"Target Costing is an essential tool for companies striving to achieve and maintain a position of true cost competitiveness."--Back cover.
Author: Jim Rains
Publisher: CRC Press
ISBN: 1439835616
Category : Business & Economics
Languages : en
Pages : 222
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Book Description
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
Author: Robin Cooper
Publisher: Routledge
ISBN: 1351411764
Category : Business & Economics
Languages : en
Pages : 232
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Book Description
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.)
Author: M. Bradford Clifton
Publisher: CRC Press
ISBN: 1482276348
Category : Business & Economics
Languages : en
Pages : 282
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Book Description
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 set
Author: Yasuhiro Monden
Publisher: Productivity Press
ISBN: 9781563270680
Category : Business & Economics
Languages : en
Pages : 399
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Book Description
Learn how to integrate the two important cost reduction systems that have revolutionized manufacturing. Target costing is used during the development and design stage of new products. It focuses on profit realization by planning quality products in the design and review stage. Kaizen costing helps you decrease production costs for existing products. Combining the target and kaizen methods leads to a complete cost reduction system that can be applied from product inception to completion.
Author: Robin Cooper
Publisher: Routledge
ISBN: 1351411772
Category : Business & Economics
Languages : en
Pages : 425
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Book Description
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.)
Author: Yasuhiro Monden
Publisher: World Scientific
ISBN: 1860941850
Category : Business & Economics
Languages : en
Pages : 504
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Book Description
This book deals with the systems of cost reduction that originated in Japan. These are mostly new systems that did not exist in western practices before they were utilized in Japan. The book also presents the Japanese ways of carrying out the globally popular cost reduction practices.(1) It describes the strategic cost management conducted by top management through alliances between companies and/or between government and industry.(2) It shows the functional cost reduction systems along the various phases of the product life cycle, as follows: R&D ? Product development ? Manufacturing ? Administration and indirect operations(3) It conducts some humanistic or behavioral aspects of Japanese cost reduction systems.
Author: Jim Rains
Publisher: CRC Press
ISBN: 104017986X
Category : Business & Economics
Languages : en
Pages : 193
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Book Description
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
Author: Daniel W.M. Chan
Publisher: Routledge
ISBN: 1317229266
Category : Business & Economics
Languages : en
Pages : 281
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Book Description
The problems inherent in the traditional design-bid-build procurement method often lead to the adversarial working relationships within the construction industry. Target cost contracts, accompanied by a gain-share/pain-share arrangement serving as a cost incentive mechanism, have emerged in the United States, the United Kingdom, Australia and Hong Kong with the aim of achieving better value for money and more satisfactory overall project performance under a collaborative working relationship. This book presents the underlying principles, practicalities and a series of short case studies of applying the target cost contracting strategy. Principles begin with the fundamentals then cover the development of target cost contracting in major countries/cities, definitions of target cost contracting, perceived benefits, potential difficulties and critical success factors for implementation. Practices include the target cost contracting approach and process in general, the key risk factors, risk assessment model, risk allocation and risk mitigation measures for target cost contracts in particular, together with a conceptual framework for the performance measurement of target cost contracts. Several short real-life case studies from the United Kingdom, Hong Kong, Australia and New Zealand are provided for further illustration. The book will appeal to a wide spectrum of readers from industrial practitioners to undergraduate students, researchers and academics interested in construction contracts and procurement methods.
Author: Roman L. Weil
Publisher: John Wiley & Sons
ISBN: 0471722634
Category : Business & Economics
Languages : en
Pages : 866
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Book Description
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.
