Archive for the ‘Target Cost’ Category


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 […]

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22 – Alternatives To Budget Cuts

Budget Alternatives With budget season upon us again, how do we make this process more rewarding and less painful. Alternatives to Budget Cuts Elaine Jones reveals how target cost eliminates across the board budget cuts. Overly Optimistic Budgets John Miller responds to a viewer’s frustration with his company’s overly optimistic budgets and the annual pain […]

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18 – Target Cost For Service Businesses

We’re In The Service Sector — So We’re different Are service businesses so much different than manufacturing?  Under the hood, we’re more alike than different. Target Costing for Services Elaine Jones reveals how service businesses use target costing to design their service offerings. Healthcare Costs John Miller answer the critical question of the real cost […]

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15 – Employee Commitment and Target Costing for Services

Embracing Change Proactively Managing a business is all about change. But better to be proactive than reactive. Employee Commitment & Involvement Wayne Daigle brings home the importance of employee commitment and involvement. He describes how to gain this essential component of change. Target Costing for Services Elaine Jones addresses the question of applying Target Costing […]

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12 – Target Cost and Measuring Performance Initiative Success

Performance Management Edge, the Web TV program giving you information, tips, and advice to better manage your business profitably. In this episode: Successful Change The only constant in life and business is change. The trick is to proactively change on our schedule and reap the benefits and not have it forced upon us. Target Cost […]

Complete transcript available HERE or as closed caption in video.

#6 – Target Cost – An Early Cost Reduction Process

Performance Management Edge is the Web TV program giving you information, tips, and advice to better manage your business profitably. In this Special Edition episode: Target Cost – An Early Cost Reduction Process 70% to 80% of product or service cost is determined by decisions made while in early design. Decisions locked in at this […]

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