Results 261 to 270 of about 382,266 (299)

Target Cost Management for Product Safety

SAE Technical Paper Series, 1995
<div class="htmlview paragraph">This paper presents an application of target cost management (TCM) to the design of product safety in the automobile industry. Product safety occupies a prominent position among corporate strategic plans because safety issues can drive a company to the brink of bankruptcy and even threaten the entire existence of ...
Mohamed E. Bayou, Alan Reinstein
openaire   +1 more source

Target costing for supply chain management: criteria and selection

Industrial Management & Data Systems, 2000
This article examines the use of target costing as a means to improve the management of supply chains. A discussion of the shortcomings of traditional and activity‐based cost management approaches to supply chain management provides the basis for exploring the use of target costing within supply chains.
Archie Lockamy III, Wilbur I. Smith
openaire   +1 more source

Cost management through product design: target costing approach

International Journal of Production Research, 2009
The purpose of this study is to explore the role of target costing in managing product costs while promoting quality specifications that will meet customer requirements. In addition, it aims to develop a target costing module that will simplify implementation of target costing especially in small and medium enterprises (SMEs).
Yasemin Zengin, Erhan Ada
openaire   +1 more source

TARGET COST – TOOL FOR PLANNING, MANAGING AND CONTROLLING COSTS [PDF]

, 2013
The target costing method involves implementing a homogeneous set of tools on cost planning, cost management and cost control. This method aims to reduce costs by knowing the different stages of a product cycle, analyzing the costs of each phase and improving the technologies and manufacturing processes. The managers of economic organizations are using
Emilia VASILE, Ion CROITORU
openaire  

QUALITY MANAGEMENT: A TARGET COSTING APPROACH

Journal of the Chinese Institute of Industrial Engineers, 2003
This paper depicts the relationship among Taguchi loss function, process capability indices, and traditional control charts to setup goal control limits by applying the target costing technique. The new specification limits derived from Taguchi loss function is linked through the C(subscript pk) value to conventional control charts to obtain goal ...
openaire   +1 more source

Cost management at manufacturing stage using activity-based costing and target costing

Global Conference on Business and Social Sciences Proceeding, 2023
The latest studies show a positive relationship between target costing and product innovation at the design stages. This study examines the role of target costing and activity-based costing (ABC) in further improving product design and eliminating non-value-added functions from product design to production stages.
openaire   +1 more source

Risk ranking and analysis in target cost contracts: Empirical evidence from the construction industry [PDF]

International Journal of Project Management, 2011
The construction industry is often characterized by the traditional adversarial working relationships between contracting parties. There has been a strong call for applying target cost contracts to align the interest of owners and contractors together ...
Daniel W M Chan, Albert P C Chan, Patrick T I Lam   +2 more
exaly   +2 more sources

A Target-Costing Cost Accounting System as a Strategic Management Tool

2020
The article is devoted to the study of target costing cost accounting system, which can be used as a tool for strategic enterprise management. The role of the cost accounting system as a system-forming element necessary to maintain a stable level of profit both in the short term and in the long term has been studied.
Vera V. Darinskaya, Irina V. Bratko, Elena V. Zubareva, Elvira N. Borisova, Irina P. Drachena   +4 more
openaire   +1 more source

THE ROLE OF TOTAL QUALITY MANAGEMENT AND TARGET COSTING IN REDUCING COSTS

International journal of business and management sciences
In the contemporary business environment, organizations continuously seek strategies to enhance efficiency and reduce operational costs. This study explores the synergistic impact of Total Quality Management (TQM) and Target Costing (TC) in achieving cost reduction. Total Quality Management emphasizes a customer-focused approach, continuous improvement,
Ameer Fairs Taha, Ali Ghazi Atheer, Abdullah Asmar   +2 more
openaire   +1 more source

Target costing for supply chain management: An economic framework

Journal of Corporate Accounting & Finance, 2000
Facing mounting evidence of their inability to sustain competitive advantages in product quality, functionality, or cost, many companies have begun adopting the principles of supply chain management. However, to realize the benefits promised by this management innovation, companies must first discontinue reliance on deficient cost management practices.
Wilbur I. Smith, Archie Lockamy
openaire   +1 more source