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Real–Time Profit Management: Making Your Bottom Line a Sure Thing - Hardcover

 
9780471126171: Real–Time Profit Management: Making Your Bottom Line a Sure Thing

Synopsis

ERNST & YOUNG, the most respected name in the field, presents a revolutionary approach to bottom line management.

Real–Time Profit Management.

Now you can achieve strategic and tactical management of the bottom line. Ernst & Young′s bold, new step–by–step plan for measuring cost as it happens, in real time, makes it possible to measure profitability as never before—by product, by customer, by order. The result is increased efficiency which translates into higher profits. Developed by the country′s top consulting professionals, this breakthrough technique has been tested and approved by Temple Inland, Exxon, and Shell, among other top firms. Real–Time Profit Management defines:

  • Basic control concepts.
  • The dynamics of cost data.
  • The importance of a time history.
  • How to design and implement a real–time cost system in virtually any type of manufacturing operation.

    Real–Time Profit Management—hailed by industry leaders.

    "Activity–Based Costing has become the planning tool that enabled us to better manage our profitability." Bill Bleibdrey, Vice President – Finance, Solvay Polymers.

    "Activity–Based Costing became the measurement that allowed us to gain control of our bottom line." Phillip W. Farmer, President, CEO, Harris Corporation.

    "Knowledge of profit by product is a powerful advantage in today′s competetive world." Max Howorth, CFO, Shell Chemical.

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From the Author

You can't manage profit if you can't measure costs !!
Now you can achieve strategic and tactical management of your bottom line. Knowledge of where you make profit , and under what circumstances you give it away, is available... All you need is a real-time application of ABC..with interfaces to actual on-line measurements of those cost drivers that influence true costs.

About the Author

ERNST & YOUNG LLP’S CENTER FOR BUSINESS TRANSFORMATION advises corporate clients of all sizes on ways to achieve significant performance improvements through rapid business change. BOB DRAGOO is National Director of Chemical Consulting at Ernst & Young Southern Management Consulting in Houston, Texas. ERNST & YOUNG is an international leader in business and financial consulting, providing accounting, tax, and other professional services to thousands of individuals as well as businesses of all sizes.

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  • PublisherJohn Wiley & Sons
  • Publication date1995
  • ISBN 10 0471126179
  • ISBN 13 9780471126171
  • BindingHardcover
  • Number of pages204

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