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34 Resources for

cost management

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Activity-Based Costing and the Enterprise cost management Solution: Although many manufacturing and service companies have achieved numerous successes with initiatives in activity-based costing in recent years, many of these efforts are unsustained or have not achieved their objectives over the long term. Among the reasons for this has been the dependence on point-based technology solutions which have proven...; Tags: Managerial accounting, BetterManagement.com, Activity Based Costing, barrier, activity-based management, manufacturing, benefit; White papers
Activity Based Management: Improving Processes and Profitability - Chapter 2, Historical Perspective: Costs have been addressed in many ways in businesses, although traditional practice had formed around the major manufacturing sectors. The key problems with trying to get accurate product costs started to gain the attention of a body called CAM-I (Consortium for Advanced Manufacturing - International). The CAM-I Cost Management Systems...; Tags: Cost Management, Activity-based Management, Manufacturing, CAM-I Cost Management Systems Programme, Cost Management Systems Program, Managerial Accounting, Pricing, Finance, Marketing; White papers
Towards a Conceptual Framework For Strategic cost management: Accounting information plays a vital role in determining the most appropriate strategic direction for the organization. It guides managerial actions, motivates behaviors, and supports and creates the cultural values necessary to achieve an organization's strategic objectives. In particular, cost management information (both financial and non-financial information) is a critical type...; Tags: Managerial accounting, cost management, accounting, financial; White papers 2006-07-18
Outsourcing Service Delivery And cost management In Today's Demanding Environment: Over the last several decades, outsourcing, an industry which began in the early 70's, has evolved from fixed price vendor contracts to sophisticated business relationships between the client and service providers. Service providers are being held accountable for supporting and transforming existing environments, providing proactive end to end service delivery,...; Tags: Business services, Sales force management, Digital Fuel Technologies Inc., service provider, cost management, outsourcing, sales cycle, environment, sales, industry; White papers 2006-06-01
Strategies in Latin America for cost management of the HR Function: In March 2004, Hewitt Associates conducted a survey on strategies for managing costs attributable to the programs and processes managed by the HR department. HR leaders from 87 Latin American companies or Latin American regional offices or subsidiaries of other global companies participated. These companies were located primarily in seven...; Tags: Hewitt Associates LLC, Human Resources, cost management, survey, strategy; White papers 2005-06-01

Creating Value Through Strategic Supply Management: Leaders in the study are creating value and gaining competitive advantage from supply markets by focusing on four areas: Innovation and growth, value chain optimization, advanced cost management techniques, risk management and supply continuity. Customer demands for a constant stream of new products and features as well as increased competition...; Tags: Managerial accounting, Purchasing & Procurement, Channel management, Strategy, Leadership, A.T. Kearney, cost management, value chain, sourcing, risk management, competitive advantage, supply chain, leader; White papers 2005-04-21
The Readiness Is All': A Strategic Approach to Managed Care: The managed care industry, acting as the cost management tool of employers and government has focused relentlessly on controlling cost. Managed care organizations (MCOs) have lowered payment rates and inserted themselves into the doctor-patient relationship. In many markets, physician practices have - or believe they have- little leverage in the...; Tags: physician, cost management, payment, knowledge, strategy, environment, industry; White papers 2005-03-01
Strategic Sourcing for Total cost management: Turning Suppliers Into Partners: This whitepaper presents a step-by-step explanation of how strategic sourcing and Total Cost Management provides product companies with tremendous benefits by transforming suppliers into partners throughout the product lifecycle. With purchasing expanding its focus from solely pricing to strategic alignment and information exchange, companies are realizing improved profit margins and...; Tags: Channel management, MatrixOne, product lifecycle, supplier, cost reduction, sourcing, earnings per share, profit margin, pricing strategy, benefit; White papers 2004-07-14
Practical Steps to Controlling Medical Costs: The current medical cost dilemma shows no signs of easing, even as plan sponsors adopt a range of actions including increased participant contributions, new plan designs with greater out-of-pocket costs at point-of-service, searches for optimal managed care network coverage, and exploration of prescription drug and behavioral health carve outs. This...; Tags: Managerial accounting, Aon Consulting, cost management, patient, health care, network; White papers 2004-05-01
Enterprise cost management: How to Identify Savings Opportunities and Apply Enterprise cost management in Your Organization: For years, ePlus has recognized that most organizations can reduce costs throughout the enterprise without having to install major ERP applications, hire dozens of consultants, or support each and every software application as if they had developed it themselves. ePlus provides those organizations with comprehensive and flexible solution sets required...; Tags: Managerial accounting, Strategy, ePlus, cost management, software application, outsourcing, ERP, vision, software, information technology; White papers 2004-02-23
Everything in Moderation: Our 10th Annual cost management Survey: Anyone worried that cost-conscious companies have eliminated muscle as well as fat should take heart from the findings of CFO Publishing's Cost Management Survey. Ever since the New Economy bubble burst, companies have diligently and methodically pruned budgets. Head counts have been reduced. Offices have been closed. Departments have been...; Tags: Outsourcing, Operational accounting, CFO Publishing Corp., cost management, accounts payable, operating profit, payroll, outsource, survey; White papers 2004-02-12
Reducing Employee Medical Cost Increases Without Cutting Benefits: Nearly every industry, including the healthcare industry, confronts painful trade-offs involving their cost management action plans. How much of the cost increase should be mitigated by increasing employee contributions? Or redesigning benefit plans to shift more out-of-pocket expenses to consumers at point-of-service? At a time when the healthcare workforce morale...; Tags: Benefits, Vertical industries, HEALTHCARE, Aon Consulting, benefit plan, health care, benefit, industry; White papers 2003-12-01
A Prescriptive Model For cost management In The Supply Chain: This study provides a summary of best practices in strategic cost management among select leading edge purchasing and supply management (PSM) organizations today. While PSM spends more money than any single group, and is held to a high level of accountability for spending, there has been limited literature explicitly linking...; Tags: Managerial accounting, Supply chain management (SCM), cost management, supply chain, best practice, SCM, accountability, industry; White papers 2003-07-26
Complete Health Management Solution: Win-Win for Employers and Employees: The overwhelming challenge of controlling medical plan costs demands that plan sponsors consider a mix of short- and long-term savings initiatives. By introducing the right mix of medical cost avoidance options, plan sponsors can eliminate up to 6% of annual medical trend while, at the same time, improve employees' perception...; Tags: Managerial accounting, Aon Consulting, cost management, ROI; White papers 2003-06-13
Managerial Accounting as a Source of Information for Product cost management: This paper is focused on Managerial Accounting as a Source of Information for Product Cost Management as a source of information for product costs management (mainly from the point of view of exploitation of budgeting and costing in selected companies in agriculture) and possibilities of integrations and information processing for...; Tags: managerial accounting, cost management, budgeting, information system; White papers 2003-05-20
Activity-Based cost management Systems: Activity based cost management systems rely on activities to calculate costs. An ABC system traces cost incurred to the activities involved therein. The prime focus of the traditional cost system is on the outputs. In ABC system, the prime focus is on the processing of resources i.e. on the intermediary...; Tags: University of Texas, ABC Inc., cost management; Presentations 2003-01-01
Management Accounting: A Road Of Discovery: Management accounting involves allocation and computation of organizational costs. There are several approaches to cost allocation and cost management. Activity Based Costing (ABC) is a methodology towards cost management in an organization. It measures the cost and performance of activities, resources, and cost objects. It assumes that a number of...; Tags: Managerial accounting, Thomson Corp., cost management, Activity Based Costing, allocation, technique, performance; Presentations 2003-01-01
Activity-Based Management: Activity Based Management (ABM) lays stress on process and activity analysis in an organization. It is a means to integrate principles of management with cost management system. Since it works at the activity level, it has the potential to add value to the organizational processes and practices. Such a management...; Tags: Managerial accounting, Pricing, Thomson Corp., activity-based management, Activity Based Costing, cost management, manufacturing; Presentations 2003-01-01
Activity Based Costing: A Concept Whose Time Has Come: Activity Based Costing (ABC) addresses internal operating concerns and is an augmentation to the traditional General Ledger based cost management system. It is not a replacement for traditional accounting, but makes use of the source documents provided from standard job costing systems. Instead of being heavily labor based, ABC looks...; Tags: Managerial accounting, Activity Based Costing, cost management, accounting, integration, pricing strategy, job; White papers 2003-01-01
Implementing Activity-Based Cost Accounting, Customer Profitability, and Product-Line Analysis In a Distribution Business: This article talks about Transactions Analysis, Cost Driver Analysis, Activity-Based Cost Accounting, Customer Profitability Analysis, Product-Line Profitability Analysis, and Business Process Analysis, which are all “tools” for strategic profitability and cost management. This article mainly emphasizes on the prior work on strategic profitability and cost management, and also how the...; Tags: Operational planning, Managerial accounting, cost management, accounting, business process, analysis, tool; White papers 2003-01-01