Activity-Based Cost Management : An Executives Guide

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.

Preface

Chapter 1 : Removing the Blindfold with ABC/M
Chapter 2 : A Management Accounting Framework : A Taxonomy
Chapter 3 : Are All Your Trading Partners “Worth It” to You?
Chapter 4 : The Internet, E-Commerce, Supply Chain Management, and Digital Economies : Where Does ABC/M Fit In?
Chapter 5 : The Holy Grail : Performance Measure Systems That Produce the Correct Behavior
Chapter 6 : Popular Uses of ABC/M
Chapter 7 : ABC/M Integrates with Other Software Tools
Chapter 8 : Predictive Costing, Predictive Accounting
Chapter 9 : Implementing ABC/M Through Rapid Prototyping
Chapter 10 : Common Misconceptions about ABC/M and Employee Buy-In
Chapter 11 : Stage Five Cost Systems : The Future of ABC/M

Appendix
Index