Supply chain management for lean enterprises: interorganizational cost management.(target costing)(Column): An article from: Strategic Finance

This digital document is an article from Strategic Finance, published by Institute of Management Accountants on April 1, 1999. The length of the article is 1044 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Cost management programs aim to reduce costs in all phases of manufacturing while, at the same time, maintaining a product's high quality. It begins at the time of a product's conceptualization, continues through each and every phase of production, and extends down to the distribution network. Target costing has two main components. First, a product's cost must be specified so it could meet the set profit margin and, second, the target cost must be broken down to the component level so that suppliers may find a way of meeting their client's requirement without sacrificing their earnings.

Citation Details
Title: Supply chain management for lean enterprises: interorganizational cost management.(target costing)(Column)
Author: Robin Cooper
Publication:Strategic Finance (Refereed)
Date: April 1, 1999
Publisher: Institute of Management Accountants
Volume: 80 Issue: 10 Page: 15(2)

Article Type: Column

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