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Target Costing and Value Engineering
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Target Costing and Value Engineering Hardcover - 1997 - 1st Edition

by Robin Cooper; Regine Slagmulder


From the publisher

What would happen if everyone in your company followed a disciplined approach to cost reduction? Go ahead -- imagine it. What would it look like? How can it be done? The answer -- smart cost management. Effective cost management must start at the design stage. As much as 90-95% of a product's costs are added in the design process. That is why effective cost management programs focus on design and manufacturing. The primary cost management method to control cost during design is a combination of target costing and value engineering.

Target Costing Objectives:

  1. Identify the cost at which your product must be manufactured at if it is to earn its profit margin at its expected target selling price.
  2. Break the target cost down to its component level and have your suppliers find ways to deliver the components they sell you at the set target prices while still making adequate returns.

Value Engineering:
The connection to function: An organized effort and team based approach to analyze the functions of goods and services that the design stage, and find ways to achieve those functions in a manner that allows the firm to meet its target costs. The result: Added value for your company (development costs on-line with added value for your company; development costs on-line with selling prices) and added value for your customer (higher quality products that meet, possibly even exceed, customer expectations.)

Details

  • Title Target Costing and Value Engineering
  • Author Robin Cooper; Regine Slagmulder
  • Binding Hardcover
  • Edition number 1st
  • Edition 1
  • Pages 424
  • Volumes 1
  • Language ENG
  • Publisher Productivity Press, Portland, OR, U.S.A.
  • Date 1997-05-31
  • ISBN 9781563271724 / 1563271729
  • Weight 1.76 lbs (0.80 kg)
  • Dimensions 9.6 x 6 x 1.1 in (24.38 x 15.24 x 2.79 cm)
  • Library of Congress subjects Value analysis (Cost control), Target costing
  • Library of Congress Catalog Number 97015146
  • Dewey Decimal Code 658.575
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Target Costing and Value Engineering (Strategies in Confrontational Cost Management)
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Target Costing and Value Engineering (Strategies in Confrontational Cost Management)

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Target Costing and Value Engineering
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Target Costing and Value Engineering (Strategies in Confrontational Cost Management)
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Target Costing and Value Engineering (Strategies in Confrontational Cost Management)
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Target Costing and Value Engineering (Strategies in Confrontational Cost Management)

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by Cooper, Robin; Slagmulder, Regine

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Target Costing and Value Engineering (Strategies in Confrontational Cost Management)
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Target Costing and Value Engineering (Strategies in Confrontational Cost Management)

by Cooper, Robin

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