Cost Management in the New Manufacturing Age PDF Download

Author: Yasuhiro Monden
Publisher:
ISBN:
Category :
Languages : en
Pages : 176

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Book Description

Author: Callie Berliner
Publisher: Harvard Business Review Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 280

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Book Description

Author: Robert A. Howell
Publisher:
ISBN:
Category : Computer-integrated manufacturing systems
Languages : en
Pages : 232

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Book Description

Author: Michael Lembersky
Publisher: SME
ISBN: 0872638758
Category : Technology & Engineering
Languages : en
Pages : 394

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Book Description
The most effective way to generate an estimate of a new product’s cost engineering change cost, or innovation cost is through a detailed cost investigation. Analysis of the available materials and processes leads to the most economical and financial decisions. Now in its third edition, Realistic Cost Estimating for Manufacturing has been used by students and practitioners since 1968 in this endeavor. Revised and expanded, the book recognizes the extremely important role estimating is playing in today’s highly competitive global economy. Realistic Cost Estimating for Manufacturing provides a survey of the myriad manufacturing processes and practices and combines this with in-depth explanations and examples of costing methods and tools. A comprehensive, standardized approach to their application is given. Among the manufacturing processes surveyed are: machining, casting, stamping, forging, welding, plastics technology, finishing, and rapid prototyping. To develop realistic baseline estimates, an engineering or costing professional must have an in-depth understanding of costing methods and techniques. As a fundamental reference, the book provides insight into the art, science, and functions of cost estimation in a wide range of activities: product design and manufacturing, engineering change control, proposal development, make or buy studies, identifying cost reduction opportunities, component costing, reverse engineering, benchmarking, and examining alternative processes, materials, machines, and tooling. As examples, it will aid the practitioner in efforts to justify the replacement or improvement of existing technology with new creative solutions; perform a feasibility study; develop a basis for cost-oriented decision support; improve supply chain evaluation and sourcing analysis; and minimize costs. The third edition has been greatly enhanced with new chapters and material dedicated to the roles of economics and finance, cost reduction, continuous improvement, plastic parts, electronics cost estimating, costing studies, advanced manufacturing processes, and quality costs. Further, the existing chapters have been significantly expanded to include new processes and operations and examples to enhance learning. Since nontraditional technology is widely applied in manufacturing, its costing aspects are also explored. Five Appendices provide additional information on productivity based on efficiency, cost reduction, matching part features to manufacturing processes, packaging cost, and inspection and measurement costs. As with its previous editions, instructors of cost estimating courses can rely on the book to provide a solid foundation for manufacturing engineering courses and programs of study. The book is also useful for on-the-job training courses for engineers, managers, estimators, designers, and practitioners. It can be applied in seminars and workshops specifically dedicated to product or component cost reduction, alternative cost analysis, engineering change cost control, or proposal development. As in the previous editions, there are multiple equations and calculation examples, as well as end-of-chapter questions to test student’s knowledge. An instructor’s guide is also available.

Author: Peter Chalos
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 314

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Book Description
Interest in cost accounting has been fuelled by automation changes in industry. This book for cost managers and manufacturing engineers covers computer manufacturing, flexible manufacturing systems, JIT, capital adjusting for automated equipment, cost of quality and issues in incentive design.

Author:
Publisher:
ISBN:
Category : Costs, Industrial
Languages : en
Pages : 238

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Book Description

Author: James R. Huntzinger
Publisher: J. Ross Publishing
ISBN: 9781932159516
Category : Business & Economics
Languages : en
Pages : 352

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Book Description
This practical and informative text demonstrates the importance of the relationship between a physically lean enterprise and accounting. It argues that to have continued success in an increasingly competitive marketplace, businesses must streamline both their physical operations and accounting methods.

Author: Carole B. Cheatham
Publisher: Praeger
ISBN: 0899307167
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
The new manufacturing environment requires new cost-accounting systems as well as new technology. While some authorities have advocated installing new and untried systems, the authors of this book recommend updating the standard cost system which 85 percent of manufacturing firms have in place. Updating the present system can achieve greater benefits in terms of providing information to managers for decision making. It also allows the organization to avoid disruption to the corporate culture and the cost associated with a new system. The authors show how standard cost systems can be redesigned to measure factors recognized to be important in today's manufacturing environment such as quality, production levels, and throughput. They demonstrate how standard cost systems can foster continuous improvement through dynamic rather than static standards. After examining characteristics of the new manufacturing environment and benefits of upgrading the cost system, ways to update the traditional standard cost system are discussed. Revisions include a unique input-output method of variance analysis, specific metrics related to manufacturing performance, ways to identify cost drivers, and use of dynamic standards. The authors demonstrate how to redesign the information-gathering and reporting system as new manufacturing procedures are put in place. They discuss ways that marketing activities are affected and how to plan plant and equipment expenditures in an automated environment. This book is directed primarily towards accountants and managers needing to improve informational content of accounting data for decision-making purposes. It should also be beneficial to any person within the business firm who either supplies data of this type or uses it, such as project analysts, controllers, managers, and even management trainees. Academicians teaching cost and managerial accounting as well as those teaching production management and financial decision-making courses should find it beneficial as a text supplement or as a primary text in courses dealing with current problems in today's changing manufacturing environment.

Author: Michiharu Sakurai
Publisher: Productivity Press
ISBN: 9781563270543
Category : Business & Economics
Languages : en
Pages : 319

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Book Description
To survive and grow, leading-edge companies throughout the world recognize the need for new management accounting systems suited for today's advanced manufacturing technology. Cross-functionality, for instance, has impacted the measurement systems of corporations and is challenging traditional management accounting structures. Accountants must become interdisciplinary to cope with increasing cross-functionality and their organization's need to be increasingly responsive and flexible. In Integrated Cost Management Sakurai discusses why certain practices have been chosen by each culture and the future implications of these choices, and he points to emerging needs and changes in the field. Professor Sakurai clarifies the framework of Integrated Cost Management and then explores in each successive chapter critical issues and specific methods related to factory automation and computer integrated manufacturing. He provides a thorough discussion of target costing, overhead management, activity-based management (ABM), investment justification in computer-integrated management (CIM), and a penetrating study of the cost management of software development. Ample bibliographies accompany each chapter and include references to articles by authors from around the world. Sakurai's overview allows management to perform a critical analysis of Japanese and American practices to gain an understanding of the strengths and weaknesses in each nation's concepts and techniques. This mutual inspection lays the foundation for a more sophisticated understanding of the true value management accounting holds in every aspect of your company.

Author: Alin Posteuca
Publisher: CRC Press
ISBN: 1351015737
Category : Business & Economics
Languages : en
Pages : 242

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Book Description
This book shows how to consistently obtain annual and multiannual manufacturing target profit regardless of the evolution of sales volumes, increasing or decreasing, using the Manufacturing Cost Policy Deployment (MCPD) system. Managers and practitioners within the manufacturing companies will discover a practical approach within the MCPD system that will help them develop and support their long-term, medium-term, and short-term profitability and productivity strategy. The book presents both the basic concepts of MCPD and the key elements of transforming manufacturing companies through MCPD system, as well as supporting the consistent growth of external and internal profit by directing all systematic and systemic improvements based on meeting the annual and multiannual Manufacturing Cost Improvement (MCI) targets and means for each Product-Family Cost (PFC). This book is unique because it presents two types of systematic and systemic improvement projects for MCI that have been applied over the years in various multinational manufacturing companies operating in highly competitive markets, in order to address the consistent reduction of unit manufacturing costs by improving the Cost of Losses and Waste (CLW). Readers will discover the practical approach of MCI based on a structured approach to MCPD system beyond the traditional approach to manufacturing improvements based mainly on improved time and quality. Therefore, from the perspective of the MCPD system, the multiannual manufacturing target profits are met while the annual and multiannual manufacturing target costs are a predetermined stake and not a result of the improvements already made.