Editorial Reviews
Book Description
This four-step costing strategy makes bottom-line numbers glow. Big cost reductions shine like gold on the bottom line. And they continue to accumulate golden profits when they're strategically managed.
How can managers be sure they're really on top of a predictable, money-saving cost control process? By following the four-step power strategy supplied by this book, managers will quickly understand how to: * Analyze their own company's costs and estimate their competitors' costs in order to target their most competitive costs * Follow a four-step procedure that ensures smooth, profitable process/product changes and continuous improvement * Negotiate lower material prices with power and establish win-win relationships with suppliers
There are plenty of case studies to illustrate the strategy at every step. An accompanying disk includes spreadsheets that assist in calculating estimates, cash flows, and financial ratios.
Card catalog description
"The Power of Strategic Costing gives you an amazingly easy-to-follow, step-by-step methodology that virtually ensures the long-term profitability and viability of any kind of business - of any size."--BOOK JACKET. "Brethauer's model of cost estimating has been proven accurate within 10 percent for hundreds of companies. The disk that comes with this book contains the model as a spreadsheet application that automatically estimates costs for you when you enter the known figures for materials, labor, and capital investment. The spreadsheet also allows you to quickly and accurately calculate cash flow and financial ratios. Numerous case studies - including a full chapter-length, step-by-step guide through the entire process for a high-tech medical manufacturing company - illustrate the strategy at work."--BOOK JACKET.
The Power of Strategic Costing: Uncover Your Competitors' and Suppliers' Costs, Set Your Company's Target Costs, Maximize Your Profits
The Power of Strategic Costing: Uncover Your Competitors' and Suppliers' Costs, Set Your Company's Target Costs, Maximize Your Profits,Dale M. Brethauer,AMACOM,0814404863,Accounting - General,Accounting - Managerial,Business & Economics,Business / Economics / Finance,Business/Economics,Cost Accounting,Entrepreneurship,Management - General,Managerial accounting
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