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Cost Reduction Systems: Target Costing and Kaizen Costing
Yasuhiro Monden Manufacturer: Productivity Press Inc ProductGroup: Book Binding: Hardcover  Corporate Finance
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ASIN: 1563270684 |
Book Description
Yasuhiro Monden provides a solid framework for implementing two powerful cost reduction systems that have revolutionized Japanese manufacturing management: target costing and kaizen costing. Target costing is a cross-functional system used during the development and design stage for new products. Kaizen costing focuses on cost reduction activities for existing products throughout their life cycles, drawing on approaches such as value analysis. Used together, target costing and kaizen costing form a complete cost reduction system that can be applied from the product's conception to the end of its life cycle. These methods are applicable to both discrete manufacturing and process industries.Books: