Activity Based Costing Best Practices
- Topics:
- Strategic Management Tools
- Tags:
- Activity Based Costing,
- Business Operations,
- Finance,
- Financial Management,
- Financial Planning,
- Logistics,
- Managerial Accounting,
- Supply Chain
- Source:
- Fisher College of Business
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Overview: Applications of activity-based costing (ABC) have significantly increased in logistics due to its ability to provide greater insight into the costs of performing specific logistics services and their impact on supply chain performance and costs. The applications of activity-based costing differ in their focus and in complexity. The relatively recent application within logistics has caused most ABC models to be diagnostic or reengineering focused. However, the emphasis of major initiatives such as efficient consumer response will require firms to integrate ABC with their financial management systems to apply activity-based cost information to a wider array of management problems and decisions such as vendor and carrier selection, performance measurement, supply chain structure, and pricing.
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Format: PDF | Size: 93KB | Date: Jan 2003 | Pages: 20
