Better business decisions using cost modeling /

Information is power in supply chain operations, negotiations, continuous improvement programs, process improvement, and indeed in all aspects of managing an operation. Accurate and timely information can result in better decisions that translate into the improvement of bottomline results. The devel...

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Bibliographic Details
Main Authors: Sower, Victor E. (Author), Sower, Christopher H. (Author)
Format: Electronic eBook
Language:English
Published: New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, 2015.
Edition:Second edition.
Series:Supply and operations management collection.
Subjects:
Online Access:An electronic book accessible through the World Wide Web; click to view
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020 |a 9781631570681  |q e-book 
020 |z 9781631570674  |q paperback 
040 |a CaBNVSL  |b eng  |e rda  |c CaBNVSL  |d CaBNVSL 
035 |a (OCoLC)903856396 
050 4 |a HD47  |b .S682 2015 
082 0 4 |a 658.1552  |2 23 
100 1 |a Sower, Victor E.,  |e author. 
245 1 0 |a Better business decisions using cost modeling /  |c Victor E. Sower, Christopher H. Sower. 
250 |a Second edition. 
264 1 |a New York, New York (222 East 46th Street, New York, NY 10017) :  |b Business Expert Press,  |c 2015. 
300 |a 1 online resource (xviii, 171 pages) 
336 |a text  |2 rdacontent 
337 |a computer  |2 rdamedia 
338 |a online resource  |2 rdacarrier 
490 1 |a Supply and operations management collection,  |x 2156-8200 
504 |a Includes bibliographical references (pages 163-164) and index. 
505 0 |a 1. Introduction -- 2. Constructing cost models -- 3. Internal cost models -- 4. Other internal cost models -- 5. External cost models for procured materials -- 6. External cost models for procured services -- 7. Total cost of ownership models -- 8. Probabilistic cost models -- Epilogue -- Appendix A. Data sources for cost modeling -- Appendix B. Simulation software used to illustrate chapter 8 -- Notes -- References -- Index. 
506 1 |a Access restricted to authorized users and institutions. 
520 3 |a Information is power in supply chain operations, negotiations, continuous improvement programs, process improvement, and indeed in all aspects of managing an operation. Accurate and timely information can result in better decisions that translate into the improvement of bottomline results. The development and effective use of cost modeling as a method to understand the cost of products, services, and processes can help drive improvements in the quality and timeliness of decision making. In the supply chain community, an understanding of the actual cost structures of processes, products and services, whether with new or nonpartner suppliers, can facilitate fact-based discussions that are more likely to result in agreements that are competitively priced and with fair margins. Further, accurate cost models that are cooperatively developed between supply chain partners can form the basis for joint efforts to reduce non-value-added costs and provide additional focus toward operational improvement. 
530 |a Also available in print. 
538 |a Mode of access: World Wide Web. 
538 |a System requirements: Adobe Acrobat reader. 
588 |a Title from PDF title page (viewed on February 21, 2015). 
650 0 |a Costs, Industrial  |x Mathematical models. 
653 |a Cost model 
653 |a Should-cost model 
653 |a projected cost model 
653 |a crossover model 
653 |a cost of quality 
653 |a purchasing 
653 |a negotiation 
653 |a cost management 
653 |a strategic sourcing 
653 |a procurement 
653 |a Excel applications 
653 |a supply chain management 
653 |a make or buy 
653 |a non-value-added cost reduction 
653 |a breakeven 
653 |a learning curve 
653 |a total cost of ownership 
653 |a net present value 
653 |a simulation 
653 |a expected value 
700 1 |a Sower, Christopher H.,  |e author. 
776 0 8 |i Print version:  |z 9781631570674 
830 0 |a Supply and operations management collection.  |x 2156-8200 
856 4 0 |u http://site.ebrary.com/lib/daystar/Doc?id=11022272  |z An electronic book accessible through the World Wide Web; click to view 
999 |c 198163  |d 198163