Target Costing and Value Engineering by Robin Cooper
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Target Costing and Value Engineering
By Robin Cooper

Target Costing and Value Engineering

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Format: Hardback

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Target Costing and Value Engineering by Robin Cooper

Book Description

What would happen if everyone in your company followed a disciplined approach to cost reduction? Go ahead -- imagine it. What would it look like? How can it be done? The answer -- smart cost management. Effective cost management must start at the design stage. As much as 90-95% of a product's costs are added in the design process. That is why effective cost management programs focus on design and manufacturing. The primary cost management method to control cost during design is a combination of target costing and value engineering. Target Costing Objectives:* Identify the cost at which your product must be manufactured at if it is to earn its profit margin at its expected target selling price.* Break the target cost down to its component level and have your suppliers find ways to deliver the components they sell you at the set target prices while still making adequate returns. Value Engineering: The connection to function: An organized effort and team based approach to analyze the functions of goods and services that the design stage, and find ways to achieve those functions in a manner that allows the firm to meet its target costs. The result: Added value for your company (development costs on-line with added value for your company; development costs on-line with selling prices) and added value for your customer (higher quality products that meet, possibly even exceed, customer expectations.)

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Book Details

ISBN: 9781563271724
ISBN-10: 1563271729
Format: Hardback
(229mm x 152mm x 26mm)
Pages: 359
Imprint: Productivity Press
Publisher: Taylor & Francis Inc
Publish Date: 31-May-1997
Country of Publication: United States

Other Editions...


Books By Author Robin Cooper

Timewaster Diaries by Robin Cooper Timewaster Diaries, Paperback (October 2008)

The brilliantly funny debut novel by 'Robin Cooper', star of the bestselling Timewaster books * 'Hilarious and surprising: like a squid with glasses' DAVID MICHELL

Return of the Timewaster Letters by Robin Cooper Return of the Timewaster Letters, Paperback (October 2006)

Paperback of the hilarious and bestselling second volume of The Timewaster Letters, now including 16 pages of new and never seen before correspondence

Timewaster Letters by Robin Cooper Timewaster Letters, Paperback (September 2005)

For several years, Robin Cooper has been plaguing department stores, hotels, associations, fan clubs and a certain children's book publisher with his letters. So who is Robin Cooper?

Design of Cost Management Systems by Robin Cooper Design of Cost Management Systems, Hardback (December 1998)

For advanced undergraduate or MBA Cost Management courses. Exemplifying today's leading edge practices, this collection of readings and cases analyzes the defects that exist with traditional cost management systems, and shows how to design systems that will benefit a wide range of organizations.

» View all books by Robin Cooper

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