Archive for November, 2012

Targeting Commodity Costs (Episode 26)

Mastering Circumstances Instead of reacting to commodity prices, why not proactively manage them. The greatest impact comes from managing commodities in the product design before they are locked in. Targeting Commodity Costs Elaine Jones shares how target cost techniques impact commodity price¬†volatility. Passing Commodity Cost to Customers Alan Stratton¬†responds to a viewer’s desire to simply […]


Critical Principles Part 2 and Frustration with Shared Services (Episode 25)

Critical Principles and Frustration with Shared Services Mission and vision statements are great but not enough. Principles must also govern cost systems and processes inside the business. Principles for Cost Systems-Part 2 Pierre Guillaume continues a series on principles that should govern cost systems. In this episode he covers “Cause and Effect Relationships” and “Consistency“. […]