Achieving full-cycle cost management

MIT Sloan Management Review

Volumn 46, Issue 1, 2004, Pages

  Cooper, Robin ^a,c   Slagmulder, Regine ^b,d  

^a EMORY UNIVERSITY   (United States)

^b INSEAD

^c EMORY UNIVERSITY   (United States)

^d INSEAD ^*

Author keywords

[No Author keywords available]

Indexed keywords

EID: 9444234434     PISSN: 15329194     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Review

References (17)

1. The origin of this statistic is difficult to identify but it appears to derive from B.S. Blanchard, "Design and Manage to Life Cycle Cost" (Portland, Oregon: M/A Press, 1978).
2. R.S. Kaplan and A.A. Atkinson, "Advanced Management Accounting," 3rd ed. (Upper Saddle River, NJ: Prentice Hall, 1998), 223; and C.T. Horngren, S.M. Datar and G. Foster, "Cost Accounting: A Managerial Emphasis," 11th ed. (Upper Saddle River, New Jersey: Prentice Hall, 2002), 417-418.
3. R.S. Kaplan and A.A. Atkinson, "Advanced Management Accounting," 3rd ed. (Upper Saddle River, NJ: Prentice Hall, 1998), 223; and C.T. Horngren, S.M. Datar and G. Foster, "Cost Accounting: A Managerial Emphasis," 11th ed. (Upper Saddle River, New Jersey: Prentice Hall, 2002), 417-418.
4. R.H. Garrison and E.W. Noreen, "Managerial Accounting," 9th ed. (Chicago: Irwin McGraw Hill, 2000), 814.
5. See, for example, J.M. Brausch, "Beyond ABC: Target Costing for Profit Enhancement," Management Accounting 76 (November 1994): 45-49; R. Henkoff, "New Management Secrets From Japan - Really," Fortune, Nov. 27, 1995, 135-146; G. Böer and J. Ettlie, "Target Costing Can Boost Your Bottom Line," Strategic Finance 81 (July 1999): 49-52; G. Schmelze, R. Geier and T.E. Buttross, 'Target Costing at ITT Automotive," Management Accounting 78 (December 1996): 26-30; J.H. Hertenstein and M.B. Platt, "Why Product Development Teams Need Management Accountants," Management Accounting 79 (April 1998): 50-55; and S. Ottosson, "Dynamic Product Development - DPD," Technovation 24 (March 2004): 207-217. 5. For a thorough description of target costing, see R. Cooper and R. Slagmulder, "Target Costing and Value Engineering" (Portland, Oregon: Productivity Press, 1997).
6. See, for example, J.M. Brausch, "Beyond ABC: Target Costing for Profit Enhancement," Management Accounting 76 (November 1994): 45-49; R. Henkoff, "New Management Secrets From Japan - Really," Fortune, Nov. 27, 1995, 135-146; G. Böer and J. Ettlie, "Target Costing Can Boost Your Bottom Line," Strategic Finance 81 (July 1999): 49-52; G. Schmelze, R. Geier and T.E. Buttross, 'Target Costing at ITT Automotive," Management Accounting 78 (December 1996): 26-30; J.H. Hertenstein and M.B. Platt, "Why Product Development Teams Need Management Accountants," Management Accounting 79 (April 1998): 50-55; and S. Ottosson, "Dynamic Product Development - DPD," Technovation 24 (March 2004): 207-217. 5. For a thorough description of target costing, see R. Cooper and R. Slagmulder, "Target Costing and Value Engineering" (Portland, Oregon: Productivity Press, 1997).
7. See, for example, J.M. Brausch, "Beyond ABC: Target Costing for Profit Enhancement," Management Accounting 76 (November 1994): 45-49; R. Henkoff, "New Management Secrets From Japan - Really," Fortune, Nov. 27, 1995, 135-146; G. Böer and J. Ettlie, "Target Costing Can Boost Your Bottom Line," Strategic Finance 81 (July 1999): 49-52; G. Schmelze, R. Geier and T.E. Buttross, 'Target Costing at ITT Automotive," Management Accounting 78 (December 1996): 26-30; J.H. Hertenstein and M.B. Platt, "Why Product Development Teams Need Management Accountants," Management Accounting 79 (April 1998): 50-55; and S. Ottosson, "Dynamic Product Development - DPD," Technovation 24 (March 2004): 207-217. 5. For a thorough description of target costing, see R. Cooper and R. Slagmulder, "Target Costing and Value Engineering" (Portland, Oregon: Productivity Press, 1997).
8. See, for example, J.M. Brausch, "Beyond ABC: Target Costing for Profit Enhancement," Management Accounting 76 (November 1994): 45-49; R. Henkoff, "New Management Secrets From Japan - Really," Fortune, Nov. 27, 1995, 135-146; G. Böer and J. Ettlie, "Target Costing Can Boost Your Bottom Line," Strategic Finance 81 (July 1999): 49-52; G. Schmelze, R. Geier and T.E. Buttross, 'Target Costing at ITT Automotive," Management Accounting 78 (December 1996): 26-30; J.H. Hertenstein and M.B. Platt, "Why Product Development Teams Need Management Accountants," Management Accounting 79 (April 1998): 50-55; and S. Ottosson, "Dynamic Product Development - DPD," Technovation 24 (March 2004): 207-217. 5. For a thorough description of target costing, see R. Cooper and R. Slagmulder, "Target Costing and Value Engineering" (Portland, Oregon: Productivity Press, 1997).
9. See, for example, J.M. Brausch, "Beyond ABC: Target Costing for Profit Enhancement," Management Accounting 76 (November 1994): 45-49; R. Henkoff, "New Management Secrets From Japan - Really," Fortune, Nov. 27, 1995, 135-146; G. Böer and J. Ettlie, "Target Costing Can Boost Your Bottom Line," Strategic Finance 81 (July 1999): 49-52; G. Schmelze, R. Geier and T.E. Buttross, 'Target Costing at ITT Automotive," Management Accounting 78 (December 1996): 26-30; J.H. Hertenstein and M.B. Platt, "Why Product Development Teams Need Management Accountants," Management Accounting 79 (April 1998): 50-55; and S. Ottosson, "Dynamic Product Development - DPD," Technovation 24 (March 2004): 207-217. 5. For a thorough description of target costing, see R. Cooper and R. Slagmulder, "Target Costing and Value Engineering" (Portland, Oregon: Productivity Press, 1997).
10. See, for example, J.M. Brausch, "Beyond ABC: Target Costing for Profit Enhancement," Management Accounting 76 (November 1994): 45-49; R. Henkoff, "New Management Secrets From Japan - Really," Fortune, Nov. 27, 1995, 135-146; G. Böer and J. Ettlie, "Target Costing Can Boost Your Bottom Line," Strategic Finance 81 (July 1999): 49-52; G. Schmelze, R. Geier and T.E. Buttross, 'Target Costing at ITT Automotive," Management Accounting 78 (December 1996): 26-30; J.H. Hertenstein and M.B. Platt, "Why Product Development Teams Need Management Accountants," Management Accounting 79 (April 1998): 50-55; and S. Ottosson, "Dynamic Product Development - DPD," Technovation 24 (March 2004): 207-217. 5. For a thorough description of target costing, see R. Cooper and R. Slagmulder, "Target Costing and Value Engineering" (Portland, Oregon: Productivity Press, 1997).
11. See, for example, J.M. Brausch, "Beyond ABC: Target Costing for Profit Enhancement," Management Accounting 76 (November 1994): 45-49; R. Henkoff, "New Management Secrets From Japan - Really," Fortune, Nov. 27, 1995, 135-146; G. Böer and J. Ettlie, "Target Costing Can Boost Your Bottom Line," Strategic Finance 81 (July 1999): 49-52; G. Schmelze, R. Geier and T.E. Buttross, 'Target Costing at ITT Automotive," Management Accounting 78 (December 1996): 26-30; J.H. Hertenstein and M.B. Platt, "Why Product Development Teams Need Management Accountants," Management Accounting 79 (April 1998): 50-55; and S. Ottosson, "Dynamic Product Development - DPD," Technovation 24 (March 2004): 207-217. 5. For a thorough description of target costing, see R. Cooper and R. Slagmulder, "Target Costing and Value Engineering" (Portland, Oregon: Productivity Press, 1997).
12. Other firms have introduced similar systems for the same reason. For example, Kirin Brewery Company, Ltd. used its Kyoto Brewery System and Higashimaru Shoyu Co. Ltd., a soy sauce manufacturer in Japan, introduced its price control system to motivate cost reductions in their production processes; see R. Cooper, "When Lean Enterprises Collide: Competing Through Confrontation" (Boston: Harvard Business School Press, 1995).
13. P.N. Khandwalla, "The Effect of Different Types of Competition on the Use of Management Controls," Journal of Accounting Research 10 (autumn 1972): 275-285.
14. R.S. Kaplan and R. Cooper, "Cost and Effect: Using Integrated Cost Systems To Drive Profitability and Performance" (Boston: Harvard Business School Press, 1997).
15. I b i d.
16. Y. Monden, "Cost Reduction Systems: Target Costing and Kaizen Costing" (Portland, Oregon: Productivity Press, 1995); and R.S. Kaplan and A.A. Atkinson, "Advanced Management Accounting," 3rd ed. (Upper Saddle River, New Jersey: Prentice Hall, 1998).
17. Y. Monden, "Cost Reduction Systems: Target Costing and Kaizen Costing" (Portland, Oregon: Productivity Press, 1995); and R.S. Kaplan and A.A. Atkinson, "Advanced Management Accounting," 3rd ed. (Upper Saddle River, New Jersey: Prentice Hall, 1998).