21 strategic cost management and the value chain introduction this article by john k shank and vijay govindarajan discuss in depth on the strategic cost management (scg) and the value chain concept applied in real world situation from the airline industry.
Request pdf on researchgate | strategic cost management in supply chains, part 1: structural cost management | strategic cost management is the deliberate alignment of a firm's resources and associated cost structure with long-term strategy and short-term tactics. Research and maximizing the potential value of the extensive data provided by the 2 strategic cost management in the supply chain: a purchasing and supply management perspective 12142_text 7/23/02 3:53 pm page 6 figures figure 1: strategic cost management process 10. Structural cost management employs tools of organizational design, product design and process design to create a supply chain cost structure that is coherent with firm strategy in the second part of the series we will consider executional cost management, which employs measurement and analysis tools (eg, variance analysis, cost driver analysis, supplier scorecards) to evaluate supply chain performance.
Thank you for the presentation it is a great summary the use of cpm,bpm, epm technology to integrate financial, non financial data into automated reporting and decision support analysis to undertake simulation modelling, budgeting, forecasting and what-if analysis now makes all of this feasible. Strategic cost management is the provision and analysis of cost and management accounting data about a firm and its competitors for use in developing and monitoring the business strategy strategic cost management focuses on the cost reduction and continuous improvement and change than cost containment only.
Strategic cost management (scm) perspective value-added value chain cost analysis process product, customer, and function at various stages of the value chain cost analysis objective value chain analysis 2 strategic positioning analysis and 3 cost driver analysis. They define strategic cost management as “the managerial use of cost information” shank and govindarajan argue that structural cost drivers reflect strategic choices regarding the underlying structure of costs that drive the firm’s cost position: scale, scope experience, production technologies for each stage of the value chain, where each can involve economies or diseconomies.
Request pdf on researchgate | managing costs and cost structure throughout the value chain: research on strategic cost management | strategic cost management is deliberate decision making aimed at.
Strategic cost management 1 - by sundarrajan m [email_address] based on shank and govindarajan’s “strategic cost management”: the new tool for competitive advantage 2.
Silver m banks-hatfield supply chain management (opm420) case assignment 5 1 from a strategic cost management perspective, what are the cost and value drivers in this supply chain the value drivers in noette’s sc are the high quality packaging and labeling. From a strategic cost management perspective, what are the cost and value drivers in this supp 1 from a strategic cost management perspective, what are the cost and value drivers in this supply chain. Research and maximizing the potential value of the extensive data provided by the 2 strategic cost management in the supply chain: a purchasing and supply management perspective 12142_text 7/23/02 3:53 pm page 4 center for advanced purchasing studies 5.