What type of information do you want a cost system to identify?
- product costs and profitability so you know which products to expand and
which need cost reduction
- services costs and profitability so you know which services to expand
and which need cost reduction
- customer costs and profitability so you know which customers to focus on
and which customers to change your relations with or drop
- channel costs and profitability so you know which channels to focus on
and which channels to change your processes or drop
- sku costs and profitability so you know which skus to expand and which
skus need cost reduction or which skus you need to change your processes
- transfer costs: what should you charge for managerial purposes
- outsourcing decisions: what costs will remain, be added, and which will
go away
- Support Process Improvement: process cost is best type of information
for improving
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Supports Balanced Scorecard: what type of information will support by
strategic objectives
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Support Performance Improvement: what type of information will support my
Performance Management program
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What is driving my costs?
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What is causing waste and non-value?
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What type of cost system will support improvement and reengineering?
Although traditional costing does fine for financial reporting to
shareholders, it does not provide a cost system that supports these requirements
as well as Activity Based Costing and Activity Based Management.
Call or email below John Antos at 972-980-7407
to find out how Activity Based Costing can help you reach your goals and give
your peace of mind
Activity Based Costing is a Superior
Costing & Improvement Tool |
Phone: 972.980.7407 email:
assistyou@valuecreationgroup.com Value Creation Group, Inc.
7820 Scotia Dr. #2000 Dallas, TX 75248
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