Professional Documents
Culture Documents
Strategic Cost Management
Strategic Cost Management
Management
Objectives
1. Explain what strategic cost management is and
how it can be used to help a firm create a
competitive advantage.
2. Identify the basic features of JIT purchasing and
manufacturing.
3. Describe the effect JIT has on cost traceability
and product costing.
Objective
11-31
Objective
11-42
Objective 3
11-5
11-6
11-7
11-8
(continued)
Objective 4
11-9
Objective 4
11-10
Objective 4
11-11
Objective
11-125
11-13
11-14
Group work:
Discuss how JIT can benefit the ff.:
1)The firm
2)Suppliers
3)Customers
4)Workers
Objective 5
11-15
End