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Target Costing (target + costing)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting66%

Selected Abstracts

The Implementation of Target Costing in the United States: Theory Versus Practice

JOURNAL OF SUPPLY CHAIN MANAGEMENT, Issue 1 2006
Lisa M. Ellram
SUMMARY Target costing has been touted as a process that can significantly improve new product development results in the accounting, engineering, operations management, and purchasing literature. The target costing process considers the voice of the customer, incorporates earlier supplier involvement and concurrent engineering, utilizes cross-functional teams, and focuses on creating a good or service that is both desirable and affordable to the customer and profitable to the producing organization. Unlike previous studies, which have focused on Japanese firms, or used single case studies, this paper uses the findings from case studies of 11 organizations actively engaged in the target costing process. This paper explores how the target costing process is used in practice in the United States, comparing it with the popular theoretical model of target costing. It helps shed light on to target costing practices of U.S. and other Western firms, and highlights the often overlooked role of the purchasing function in successful target costing efforts. [source]

Target Costing für Werkstoffe , Potenziale und Methodik

MATERIALWISSENSCHAFT UND WERKSTOFFTECHNIK, Issue 7 2009
U. Götze
Target Costing; Materials; Cost Management Abstract Das Target Costing , in der Betriebswirtschaftslehre ein Standardinstrument des Kostenmanagement , findet in der wirtschaftlich orientierten Literatur zu den Werkstoffwissenschaften bisher kaum Erwähnung. Dabei bestehen auch für die Entwickler, Hersteller oder Verwender von Werkstoffen große Potentiale im Hinblick auf die Sicherung bzw. Verbesserung der Wirtschaftlichkeit. Daran setzt der vorliegende Beitrag an. In diesem werden zunächst diese Potentiale eines werkstoffbezogenen Target Costing herausgearbeitet. Dann wird aufgezeigt, wie die allgemeine Methodik des Target Costing aus der Sicht von Werkstoffverwendern einerseits und Werkstoffentwicklern/-herstellern andererseits zu modifizieren ist, um den Besonderheiten von Werkstoffen gerecht zu werden. Target Costing for Materials , Potentialities and Methodology Target Costing is a standard instrument of cost management in business administration, but hardly mentioned in the economic oriented literature on material sciences. Nevertheless there are high potentialities for developers, producers, or users of materials regarding the improvement of efficiency. Therefore, this article will present these potentialities of a material oriented Target Costing. Besides, the general methodology of Target Costing will be modified to meet the specifics of materials from the perspectives of users of materials on the one hand and developers respectively producers of materials on the other. [source]

The Implementation of Target Costing in the United States: Theory Versus Practice

JOURNAL OF SUPPLY CHAIN MANAGEMENT, Issue 1 2006
Lisa M. Ellram
SUMMARY Target costing has been touted as a process that can significantly improve new product development results in the accounting, engineering, operations management, and purchasing literature. The target costing process considers the voice of the customer, incorporates earlier supplier involvement and concurrent engineering, utilizes cross-functional teams, and focuses on creating a good or service that is both desirable and affordable to the customer and profitable to the producing organization. Unlike previous studies, which have focused on Japanese firms, or used single case studies, this paper uses the findings from case studies of 11 organizations actively engaged in the target costing process. This paper explores how the target costing process is used in practice in the United States, comparing it with the popular theoretical model of target costing. It helps shed light on to target costing practices of U.S. and other Western firms, and highlights the often overlooked role of the purchasing function in successful target costing efforts. [source]

Can Target Costing and Whole Life Costing be Applied in the Construction Industry?: Evidence from Two Case Studies

BRITISH JOURNAL OF MANAGEMENT, Issue 4 2000
Davide Nicolini
Building on the results of a far-reaching action research project we discuss an attempt to introduce target costing in the UK construction industry. After examining some of the issues facing the UK construction industry, we examine the case for using target costing as a way of supporting supply-chain integration in view of an improvement of the level of profitability and quality of the industry. After presenting evidence from two pilot projects we propose some considerations on target costing and its applicability to the UK construction sector and derive directions for future research. [source]