By Lianabel Oliver
Providing a multidisciplinary roadmap for the layout, improvement, and implementation of a strategic rate procedure, this e-book exhibits the best way to layout a price method to turn into a better decision-making instrument and a resource of aggressive virtue for the association. It describes tips on how to constitution a price structures layout undertaking and speak about the problems that are supposed to be addressed prematurely from a administration, operations, and costing point of view.
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Additional info for Designing Strategic Cost Systems: How to Unleash the Power of Cost Information
Within this project structure, one of these individuals would act as project leader and would also undertake the project facilitation, if an external resource is not used for this purpose. The criteria for assignment to the project team should include the following: • • • • Familiarity with the company processes and products Level of credibility with the organization Level of expertise in the functional area Time available for the project You want the best and the brightest on your project team.
The individual charged with this responsibility should be someone knowledgeable about line operations as well as the accounting systems, processes, and procedures. He or she will prepare a set of findings and recommendations to the management team for further action. Due to resource limitations and the desire for an objective situational analysis, a needs assessment is often performed by outside consultants specializing in cost management. Project Organization 35 The needs assessment should define the next steps for the management team, depending on the issues uncovered.
It defines the major milestones, identifies the tasks to be accomplished, assigns responsibility for each task listed, and sets due dates.