Target Costing and Value Engineering (Strategies in Confrontational Cost Management Series)
Editorial Reviews
Book Description
What would happen if everyone in your company followed a disciplined approach to cost reduction? How can it be done? With smart cost management. Two powerful strategies-target costing and value engineering-will get you well on your way. You will find both in this comprehensive book, the first in a series guaranteed to increase your profits. Effective cost management must start at the design stage. As much as 90-95% of a product's costs are designed in, meaning they cannot be avoided without re-designing. 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.
From the Back Cover
"Definitely the book to read on target costing. Readers will learn how to combine a rigorous target costing process with desciplined value engineering to ensure aht newly launched products earn desired profits while meeting customer preferences for functionality, quality, and price. Must reading for manufacturing companies wishing to succeed in global competition."-Robert S. Kaplan, Marvin Bower Professor of Leadership Development, Harvard Business School 1
"In Target Costing and Value Engineering we finally have the much needed insight into the way in which Japanese firms manage costs, the missing piece of the puzzle on how lean enterprises compete. Using extensive research of actual lean enterprises, Cooper and Slagmulder describe the need for American businesses to integrate their total quality management, product development, manufacturing strategy, and cost management systems 9n order to compete successfully under today's intense competition. This series is a compass and roadmap for the 21st century business world."-Eileen Morrissey, Director, Advanced Cost Management, AlliedSignal Aerospace
Target Costing and Value Engineering (Strategies in Confrontational Cost Management Series),Robin Cooper,Regine Slagmulder,Productivity Press,1563271729,Accounting - Financial,Accounting - Managerial,Business & Economics,Business / Economics / Finance,Business/Economics,Development - Business Development,Engineering Economics,Organizational Behavior,Target costing,Value analysis (Cost control),Budgeting & financial management,Production & quality control management
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