Business Advisory

Strategic Cost/Asset Management

• The Margin Game

  Sell existing products but increase volume through new customers or larger orders.

• The Leverage Game

  Develop creative by-products that generate additional revenue.

• The Payback game

  Develop custome loyalty and improve customer retention of those customers that are most profitable over a lifetime.

• They are actionable; they are what company does.
• They consume resources which are consumed by products and processes.
• They can be understood by diverse groups of people and their cost can be tracked and measured by the benificiary
• They link planning & control and integrate financial and non-financial perforance measures.
• They highlights cross-departmental interdependencies.
• They facilitates understanding of cost drivers.

• Managers better understand the workload profile of their area.
• Clarifies customer/supplier relationship.
• Clarify causes and effects of activities.
• Fosters plans for improvement with many changes.
• Establishs basis for tracing costs abd implementing activity accounting

  These are the basic concepts of Strategic Cost Management and this topic is very large and dynamic. Management has to take pain to implement Strategic Cost Management system as in changing and highly competing time, cost is the major deciding factor in company's survival.

  For further information email us.

  ---

  
  
  GO TO TOP

  Copyright © 1999 Chartered Net.Com All rights reserved.