A New Paradigm in Cost Management

Society of Cost Management

Category Archives: Cost Management

Prelude to “TOTAL COST”: The Transition

Posted on by Michael Fournier

The road to better costing begins now! The Society of Cost Management and all of you are now involved in this transition. It is a journey not just of knowledge and experience, but a changing of attitudes and perceptions. Follow … Read More >

Posted in Cost Management, Total Cost
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Chicken Wars – Counting the Cost by Nick Grenfell

Posted on by Michael Fournier

The South African Trade & Industry Minister has recently increased import duties on certain categories of chicken following recommendations by the International Trade Administration Commission (ITAC). The tariff increases are in response to the “illegal dumping” of chicken products from … Read More >

Posted in Cost Education, Cost Management
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Time to Reach Out

Posted on by Michael Fournier

Over the course of time, if you have been with us for awhile, you will notice that we have run articles on different costing alternatives, standard cost, lean accounting, throughput accounting, etc. It is generally the policy of the Society … Read More >

Posted in Cost Management, Society of Cost Management
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WORKING IN TEAMS: One of Our Most Important Skills

Posted on by Michael Fournier

Being a professional in Cost Management means we have to have many skills, a good knowledge of Financial Accounting Regulations, the ability to analyze and present large amounts of data, and frequently, teaming with other functional areas in order to … Read More >

Posted in Cost Management, Team Building
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Incentive Management by Fred Karzucki

Posted on by Michael Fournier

‘Incentive Management’ by James F. Lincoln, was successfully applied at Lincoln Electric for many years. A summary of the book may be found here. I have always contracted at small to medium sized manufacturing companies, where I am close to … Read More >

Posted in Cost Management, Incentive Management
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