Author: Peter Tenny
Publisher:
Publish Date: 2006-06-01
Features: What is Activity Management?
Activity Management is a cost management method developed to address the shortcomings of traditional cost management systems. It is a new management concept that delves into the level of activities. Its goal is to eliminate non-value-added activities as much as possible, improve value-added activities, optimize the activity chain and value chain, and ultimately increase customer value and corporate value. Traditional cost information systems often hide or distort information, making it difficult for decision-makers to identify opportunities and leading to inefficient decisions, or even putting the company in potential danger. This book reveals how Activity-Based Costing (ABC) and Activity-Based Management (ABM) help managers make correct decisions regarding product portfolios, marketing channels, and performance improvement. As an advocate of ABC/ABM, Dr. Tenny uses real-world cases from organizations such as Deluxe, the U.S. military, HP, General Electric, and the South Dakota Department of Transportation to show readers the steps of this process. Through this book, you will learn:
What Activity-Based Costing is and why it has been proven to be effective and accurate in revealing problems and opportunities.
How Activity-Based Costing and Activity-Based Management can improve the bottom line in manufacturing, service, and government organizations.
How Activity-Based Costing and Activity-Based Management can create value in areas such as purchasing, supply chain, customer support, call centers, operations, and shared services.
The latest developments in Activity-Based Costing, including Resource Planning, Capacity Management, Activity Budgeting, Performance Budgeting, Decision Simulation, and Time-Based Activity-Based Costing.
Effective Activity Management tools, such as Customer Profitability Analysis, Strategic Analysis, Value Analysis, Cost Analysis, Product Lifecycle Cost, and Target Cost.
An eight-step plan for successfully implementing Activity-Based Costing and Activity-Based Management throughout the enterprise.
Whether you are in any industry, Activity-Based Costing and Activity-Based Management can help you transform your organization into a world-class organization. This book reveals hidden opportunities to improve profitability and reduce costs, and shows you how to properly utilize enterprise resources to achieve the best results.
The First Book on Homework Management - Reducing Non-Value-Added Homework and Improving the Efficiency of Enterprise Resource Utilization
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