Achieving Full-Cycle Cost Management Case Solution
Businesses have a tendency to presume that small can be done after a layout is set to reduce product prices. This belief has shaped many cost management systems across varied products' life cycles. Because of it, companies frequently concentrate on price reduction during the design stage and cost containment during making. But are much of a the prices of a product actually locked in during layout? Recent research indicates otherwise. Really, the research illustrated that prices can be aggressively handled through the product life cycle. The observations indicate that firms competing vigorously on price might consider adopting some sort of an integrated cost management system that crosses the whole merchandise life cycle.
This is just an excerpt. This case is about TECHNOLOGY & OPERATIONS
PUBLICATION DATE: October 01, 2004