TY  - BOOK
AU  - Sower,Victor E.
AU  - Sower,Christopher H.
TI  - Better business decisions using cost modeling
T2  - Supply and operations management collection,
SN  - 9781631570681
AV  - HD47 
PY  - 2015///.]
CY  - New York, New York (222 East 46th Street, New York, NY 10017)
PB  - Business Expert Press
KW  - Costs, Industrial
KW  - Mathematical models
KW  - Cost model
KW  - Should-cost model
KW  - projected cost model
KW  - crossover model
KW  - cost of quality
KW  - purchasing
KW  - negotiation
KW  - cost management
KW  - strategic sourcing
KW  - procurement
KW  - Excel applications
KW  - supply chain management
KW  - make or buy
KW  - non-value-added cost reduction
KW  - breakeven
KW  - learning curve
KW  - total cost of ownership
KW  - net present value
KW  - simulation
KW  - expected value
KW  - [genre]
N1  - Includes bibliographical references (pages 163-164) and index; 1. Introduction --; 2. Constructing cost models --; 3. Internal cost models --; 4. Other internal cost models --; 5. External cost models for procured materials --; 6. External cost models for procured services --; 7. Total cost of ownership models --; 8. Probabilistic cost models --; Epilogue --; Appendix A. Data sources for cost modeling --; Appendix B. Simulation software used to illustrate chapter 8 --; Notes --; References --; Index; Access restricted to authorized users and institutions; 2; b; Also available in printing
N2  - Information is power in supply chain operations, negotiations, continuous improvement programs, process improvement, and indeed in all aspects of managing an operation. Accurate and timely information can result in better decisions that translate into the improvement of bottomline results. The development and effective use of cost modeling as a method to understand the cost of products, services, and processes can help drive improvements in the quality and timeliness of decision making. In the supply chain community, an understanding of the actual cost structures of processes, products and services, whether with new or nonpartner suppliers, can facilitate fact-based discussions that are more likely to result in agreements that are competitively priced and with fair margins. Further, accurate cost models that are cooperatively developed between supply chain partners can form the basis for joint efforts to reduce non-value-added costs and provide additional focus toward operational improvement
UR  - https://go.openathens.net/redirector/ciu.edu?url=https://portal.igpublish.com/iglibrary/search/BEPB0000366.html
ER  -