Product-based costing is a relatively simple form of allocating direct and indirect costs to individual units of product. Activity-based costing is a more intricate system that assigns costs to ...

Understanding this complex technology ecosystem through application portfolio management — overseeing applications based on value, cost, risk, and performance — and its key component ...

True costing, the name we give to refined, evidence-based costing practices, is supply chain’s sweet science. True costing enables companies to knock out misperceptions and outpoint rivals through ...

This article describes early time-driven activity-based costing work at several leading healthcare organizations in the United States and Europe. It identifies the opportunities they found to improve ...

Costing systems helps companies determine the cost of a product related to the revenue it generates. Two common costing systems used in business are traditional costing and activity-based costing.

In this regard, I have found that the use of activity-based costing to evaluate AI and knowledge discovery system deployments is a good practice to adopt.

Carriers that include XTL, Averitt and Old Dominion use SMC3’s activity-based costing system, a profitability management tool called Cost Intelligence System (CIS) that interfaces with major TMS ...

How to implement the risk-based quality management standards An expert suggests ways to get started on identifying risks and designing responses under the new and very different standards.

Risk-based quality management, or RBQM, is the process by which pharmaceutical organizations monitor and manage quality throughout clinical trials.

Reprint: R0411J In the classroom, activity-based costing (ABC) looks like a great way to manage a company’s limited resources. But executives who have tried to implement ABC in their ...