A New Paradigm in Cost Management

Society of Cost Management

Category Archives: Manufacturing

The State of Manufacturing Remains Tepid

Posted on by Michael Fournier

The Feds Manufacturing Survey indicated contraction in February for the first time in several months, but the Flash Report indicated expansion in the month. Very conflicting numbers to say the least, new business and repeat business keep coming, but customers … Read More >

Posted in Manufacturing
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Three Major Areas for Supplier Cost Reduction and Management

Posted on by Floyd Talbot

Professionals can miss areas of opportunity for supplier cost reduction and management.  Usually when we think about costs management, the manufacturing, retail, or wholesale environment comes to mind.  Service industries usually do not take top rung.  However, all industries as … Read More >

Posted in Cost Management, Manufacturing, Strategic Management Accounting, Vendors and Suppliers
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April Book Feature: Learning from World-Class Manufacturers

Posted on by Michael Fournier

by Marek Szwejczewski and Malcolm Jones In our book, ‘Learning From World Class Manufacturers‘, we describe the approaches used by World Class Manufacturers to remain successful and competitive in highly challenging markets. While manufacturers must be competitive on Quality and … Read More >

Posted in Book Club, Cost Management, Manufacturing, Performance Management
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Managing Material and Manufacturing Overhead: The Challenges for Managers

Posted on by mhudson

The duties of company operations and production managers should be chosen more often based on where costs hit, so that they can be rewarded or punished based on keeping these expenses low. Burden costs (those costs in manufacturing that are … Read More >

Posted in Manufacturing, Overhead
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