Target costing and value engineering

Target costing and value engineering - Institute of Management Accountants (IMA) Productivity Press 1997 - xl, 379 p. 24 cm.

Includes case studies, bibliographical references and index. Executive Summary-- How Firms Compete Using the Confrontation Strategy-- The Role of Cost Management in Confrontation Strategy-- The Research Project-- An Overview of Target Costing and Value Engineering-- Market-Driven Costing-- Product-Level Costing-- Value Engineering-- Component-Level Target Costing-- Factors That Influence the Target Costing Process-- Target Costing and Value Engineering in Action-- Lessons for Adopters-- Case Studies-- Toyota Motor Corporation-- Komatsu, Ltd.-- Olympus Optical Company, Ltd: Cost Management-- Sony Corporation-- Topcon Corporation-- Isuzu Motors, Ltd--

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.

9781563271724


HD INDUSTRIES. LAND USE. LABOR


Target costing
Cost control
Value analysis

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