CPG Manufacturers Lead the Way in Reducing Supply Chain Costs

Topics:
Grocery
Tags:
Acorn Systems,
Activity Based Costing,
Enterprise Software,
Finance,
Managerial Accounting,
Retail,
Software,
Supply Chain,
Supply Chain Management (SCM)
Source:
Acorn Systems

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Overview: To remain competitive in the grocery, retail and consumer packaged goods (CPG) industry, retailers and wholesalers seek to offer more value to consumers. The most successful merchants provide quality goods at low prices by removing costs from the supply chain. Leading manufacturers have responded by implementing trading practices that benefit the retailer as well as themselves. The success of these programs requires trust that is built on transparency into each cost component of the supply chain. Successful programs inevitably rely on activity based costing (ABC). This paper describes that process, beginning with an overview of ABC and how it works.

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Format: PDF | Size: 286KB | Date: May 2004 | Pages: 9

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