Value Creation in Management Accounting, livre ebook

Value creation is at the heart of an economic enterprise, defining its capability to serve customers and generate profits and growth. This fact has led to an ever-increasing set of tools and techniques that start with customers, focusing on serving their preferences from the very inception of a product until its disposal. And this data is required to implement a value creation approach that has its roots in the Management Accounting System (MAS). The resulting model is called the Value-based Cost Management System (VCMS). If you or any manager want to take the lessons you learned in product development, process management, and marketing, this book will help you extend this knowledge to your MAS. This book makes this transformation both logical and easy to implement, with a focus on the new types of information that can be garnered when the MAS is modified to fit the value creation approach. The authors of the book will provide, upon request, a simplified automated data collection template that will ease the implementation process.
About the Authors ..................................................................................ix
Chapter 1 A Focus on the Customer ................................................1
Chapter 2 Customer Value-Add and Its Impact on Revenue ...........13
Chapter 3 Business Value-Add: Minimizing the Activities that
Reduce Customer Value .................................................25
Chapter 4 A Focus on Waste: Eliminating Nonvalue-Added
Activities ........................................................................41
Chapter 5 Multiplying Value ..........................................................51
Chapter 6 Implementing a Value-Based Cost Management
System—Part I: Scoping the Project ..............................65
Chapter 7 Implementing a Value-Based Cost Management
System—Part II: Collecting and Analyzing the Data .....85
Chapter 8 Value Creation and Process Management .....................101
Chapter 9 Using VCMS in a Job Shop .........................................115
Chapter 10 VCMS and Product/Service Development ...................127
Chapter 11 Building VCMS in to the Organization .......................141
Chapter 12 Revisiting the Basics.....................................................155
Notes..................................................................................................167
References ...........................................................................................171
Index .................................................................................................173