Better Business Decisions Using Cost Modeling, Second Edition
β Scribed by Sower, Christopher H.; Sower, Victor E
- Publisher
- Business Expert Press
- Year
- 2015
- Tongue
- English
- Leaves
- 194
- Series
- Supply and operations management collection
- Edition
- Second edition
- Category
- Library
No coin nor oath required. For personal study only.
β¦ Synopsis
This book provides the business professional a concise guide to the creation and effective use of both internal and external cost models. Development of internal cost models is discussed with illustrations showing how they can be deployed to assist in new product development, pricing decisions, make-or-buy decisions and the identification of opportunities for internal process improvement projects. The creation and use of external cost models are discussed providing insight into how their use can drive collaborative improvement efforts among supply chain partners, better prepare for price negotiations, and keep negotiations focused on facts rather than emotions--all while allowing for future discussions with preferred suppliers to focus on more strategic and operational improvement initiatives, and less on pricing. A number of detailed cost model examples are provided to educate on both how cost models are constructed, and to demonstrate how they have been effectively deployed
β¦ Table of Contents
Content: 1. Introduction --
2. Constructing cost models --
3. Internal cost models --
4. Other internal cost models --
5. External cost models for procured materials --
6. External cost models for procured services --
7. Total cost of ownership models --
8. Probabilistic cost models --
Epilogue --
Appendix A. Data sources for cost modeling --
Appendix B. Simulation software used to illustrate chapter 8 --
Notes --
References --
Index.
β¦ Subjects
Costs, Industrial -- Mathematical models. BUSINESS & ECONOMICS / Industrial Management BUSINESS & ECONOMICS / Management BUSINESS & ECONOMICS / Management Science BUSINESS & ECONOMICS / Organizational Behavior Cost model Should-cost model projected cost model crossover model cost of quality purchasing
π SIMILAR VOLUMES
This book is an adaptation of the successful US text Cost Management by Hilton, Maher and Selto, written specifically for an international audience.Major improvements include: Diverse and truly international examples of organizations - Examples used throughout the book are from all over the world an
<DIV>Will the second decade of the 21st Century see the end of the low-cost phenomenon? It will certainly not be easy for European consumers to stop demanding the low prices that they have become so used to over the previous ten<BR>years. But excessive efforts by many companies to bring prices down
<p>Clients are consistently demanding lower prices at the time of each purchase and companies can only react by reducing costs. This volume shows that the only way to do this, is to reinvent the business model. New consumers, new pricing, new brands, new strategies.</p>