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FMC Home > Resources > The New Finance > Strategic Cost Management

Strategic Cost Management

Learn the concepts and techniques related to the provision and analysis of financial information. Discover how this information is applied to the strategic direction of your organization's products and services.

Executive Summary—Implementing Benchmarking
The long-term viability of an organization depends largely on how well it understands and meets its customer requirements on a daily basis. These requirements and the ways to achieve them are constantly changing, thereby creating opportunities and challenges. Learn More>>
Executive Summary—Implementing Business Process Redesign
Efficient and effective business processes are critical to any enterprise that hopes to maintain, or improve, its competitive position. Improvement in quality, time, and costs can result in increased profit. The way an enterprise structures and manages its business processes has a great impact on these outcomes. Learn More>>
Executive Summary—Implementing Target Costing
The long term financial success of any business depends on whether its prices exceed its costs by enough to finance growth, provide for reinvestment, and yield a satisfactory return to its stakeholders. As competition increases, and supply exceeds demand, market forces influence prices significantly more. Learn More>>
Executive Summary—Implementing Activity-Based Costing
Accurate and relevant cost information is critical to any organization that hopes to maintain, or improve, its competitive position. For years, companies operated under the assumption that their cost information actually reflected the costs of their products and services when, in reality, it did nothing of the kind. Learn More>>
Becoming a Time-Based Competitor
AICPA Member
Since discriminating customers have come to expect both high quality and low cost as a matter of course, the search for competitive advantage has become focused on new elements: time and flexibility. Learn More>>