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Cost & Effect : Using Integrated Cost Systems to Drive Profitability and Performance - Robert Steven Kaplan

Cost & Effect

Using Integrated Cost Systems to Drive Profitability and Performance


Published: 1st December 1997
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Two of the most innovative thinkers in the field present a work that represents the single best resource for understanding and implementing activity-based cost management. Kaplan and Cooper reveal that most companies don't know how to measure accurately, influence, or understand the fundamental cost drivers in their businesses. They then provide a detailed and comprehensive blueprint that will enable managers to make better decisions and to promote organizational learning and improvement. Cost and Effect takes the management, finance, and accounting fields to an entirely new level, as the authors demonstrate how the principles of activity-based costing and other advanced cost management techniques, such as target and kaizen costing, can drive business performance. Using lively examples from a variety of leading companies worldwide—including Siemens, Hewlett-Packard, AT&T, the Swedish wire manufacturer Kanthal, Kirin Beer, and Procter & Gamble—they show how to create integrated, knowledge-based systems that provide meaningful information on current and past performance.The innovation systems described in Cost and Effect will help you: determine where improvements in quality, efficiency, and productivity will have the highest payoffs; assist front-line employees in their learning and improvement activities; make better product mix and capital investment decisions; negotiate more effectively on price, product features, quality, delivery, and service to promote win-win relationships with your customers; choose low-cost suppliers who are truly low cost, not just low price; design products and services that meet customers' expectations - and that can be produced and delivered at a profit; and, integrate your activity-based cost system into reporting and budgeting processes to reveal the sources of excess capacity. Everyone involved in running a business—from general managers and strategic planners to financial executives, IT professionals, and operations managers—must read this book to learn how innovative cost and performance measurement systems can enhance their organizational profitability and performance.

Introduction: Cost and Performance Management Systems
Four-Stage Model for Designing Cost and Performance Measurement Systems
Stage II: Standard Cost and Flexible Budgeting Systems Appendix: GPK Cost System
Stage III Systems for Learning and Improvement: Upgrading and Supplementing Standard Cost Systems
Stage III Systems for Learning and Improvement: Kaizen Costing and Pseudo-Profit Centers
Activity-Based Costing: Introduction Appendix: ABC Activity and Process Dictionary
Measuring the Cost of Resource Capacity
Activity-Based Management: Operational Applications Appendix: Value- and Non-Value-Added Activities
Strategic Activity-Based Management: Product Mix and Pricing
Strategic Activity-Based Management: Customers
Strategic Activity-Based Management: Supplier Relationships and Product Development Appendix: Target Costing
ABC in Service Industries
Extending Activity-Based Cost Systems
Stage IV: Integrating ABC with Enterprise-Wide Systems
Stage IV: Using ABC for Budgeting and Transfer Pricing
About the Authors
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780875847887
ISBN-10: 0875847889
Audience: General
Format: Hardcover
Language: English
Number Of Pages: 384
Published: 1st December 1997
Publisher: Harvard Business Review Press
Country of Publication: US
Dimensions (cm): 24.2 x 16.3  x 4.45
Weight (kg): 0.75