Target Cost Management

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A01=Jim Rains
Alpha Brain
Author_Jim Rains
Basic Concept of Target Costing
Business Case
Category=KJMV1
Category=KJMV5
companies
competitive benchmarking
Corporate Planning Department
Cost Allocation
Cost Databases
Cost Management
cost management systems
Cost Planning
Cost Tables
costing
cross-functional teams
database
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Fast Diagram
Function Analysis Phase
Garden Hose
Getting Started on the Target Costing Journey
global
Held
How to Set the Target Cost
japanese
Japanese Management Accountants
managerial accounting methods
manufacturing process optimization
Model Factory
NC Lathe
Part Number Level
pro
Pro Tability
product
Product Level Target Cost
product lifecycle costing
Small Lot Delivery
strategic cost reduction implementation
Strong Enterprise
survival
tability
table
Target
Target Cost Management
Target Costing
Target Manufacturing Cost
The Development of Cost Tables

Product details

  • ISBN 9781439835593
  • Weight: 454g
  • Dimensions: 152 x 229mm
  • Publication Date: 12 Aug 2010
  • Publisher: Taylor & Francis Inc
  • Publication City/Country: US
  • Product Form: Hardback
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With a proven track record for helping companies achieve critical cost reductions without sacrificing customer satisfaction, target costing provides managers and executives with the tools to survive and prosper in today’s increasingly competitive market—without raising prices on customers.

Target Cost Management: The Ladder to Global Survival and Success details the preliminary steps required for a company to institutionalize target costing and the two necessary ingredients of target costing—proper organizational structure and cost tables. It describes and illustrates the interrelationships of the major techniques, tools, and methodologies needed to achieve the ultimate success.

Jim Rains shares powerful insights harvested during his two decades of studying and benchmarking target costing for leading Japanese corporations including Toyota, Nissan, and Canon. Supplying the understanding and the tools to achieve critical cost reductions while maintaining and even improving customer satisfaction, this book explains the steps needed to reap the rewards of constant, consistent, acceptable, and predictable levels of profitability.

Mr. Rains has over 30 years of value engineering (VE) experience. During this time he has facilitated over 750 teams in VE, lean manufacturing, lean engineering, and competitive teardown workshops. For the past 15 years he has studied target costing from Japanese experts and believes this vital management philosophy leads to constant and consistent levels of corporate profitability. Mr. Rains is a certified value specialist (CVS) and has led numerous international corporations, architectural/engineering firms, and U.S. government DOD installations to successful results. VE studies have included product design, process improvement, procedures, weight reduction, quality improvement, organization effectiveness improvement, product development, process lead time,productivity, and throughput improvements. He has worked in many types of industries, including oil and gas companies, and with A/E firms to improve building designs and associated expenses. His VE and lean efforts have been exposed to a global network, including workshops in Austria, Australia, China, England, France, Germany, Hong Kong, Korea, Kuwait, Mexico, Qatar, Saudi Arabia, Sweden, United Arab Emirates, and the United States. Techniques and tools used in his workshops include the value engineering job plan, quality function deployment, voice of the customer, design for manufacturability/design for assembly (DFM/DFA), function analysis, creativity techniques, paired comparison, idea selection matrix, synchronous thinking, elimination of waste, and team building. Many of these workshops are SAVE International Certified Module I Workshops that just in the past four years have led to over 300 people becoming associate value specialists (AVSs) certified in value engineering. During this time he has been an advisor to three certified value specialists (CVSs). Since 1999 Jim has written and presented 13 papers that relate to VE at conferences around the globe. Jim‘s lean

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