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You are invited to attend the Manufacturing Executive Institute’s April 16th 2015 3rd Thursday - “Operations Improvement Series” FREE webinar, “Integrative Activity Based Costing & Leadership… An Overview of ‘Bottom-Up’ Cost Accounting.”
To survive, manufacturing companies must rethink many of their old institutions and management methods. Probably no institution is more entrenched and difficult to change than the institution of cost accounting. If manufacturing companies are going to compete successfully in the global economy, they will need to change the way they report and manage costs. Manufacturers will have to replace old institutions of cost accounting and inventory valuation with new and meaningful methods.
Integrative Activity Costing & Leadership (IAC&L) is a cost accounting and cost management methodology that encompasses Activity Based Cost Accounting (ABCA) and Activity Based Leadership (ABL).
This powerful 1-hour FREE 3rd Thursday - “Operations Improvement Series” Webinar has 3 important objectives:
1. To demonstrate how a “bottom-up” version of ABCA can be used to better allocate support costs. With some commonly used value engineering tools, a new perspective of product cost can be developed.
2. To demonstrate how any standard cost accounting system can be made to calculate allocations based on activities instead of labor dollars.
3. To provide executives with an overview of how ABCA can motivate all levels of employees to self-identify, self-prioritize and self-eliminate waste throughout their respective operations.
Webinar Instructor: Alan G. Dunn, President of GDI Consulting & Training Company.