Savvy corporate controllers and managers know that traditional costing methods are incompatible with reengineering and continuous improvement initiatives. Which is why companies like AT&T are turning to activity-based management (ABM), an entirely new cost cutting approach that supports continuous improvement, boosts profitability; and weeds-out non-value-added activities. This hands-on resource supplies detailed procedures for planning organizing, and implementing a total ABM inititative. It shows how to streamline data collecting and analysis and explains all of the reports and procedures required to facilitate ABM and measure its ongoing progress.
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