Power of Strategic Costing

How do managers find out their real costs? This guide presents a four-step strategy that shows managers how to: estimate their suppliers' costs; estimate their competitors' costs; set their company's target costs; determine whether to change prices; and create a system for continuous assessment.

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This comprehensive, detailed book presents a powerful four-step strategy that shows managers how to: 1) Estimate their suppliers' costs. 2) Estimate their competitors' costs. 3) Set their company's target costs based on these critical facts. 4) Determine whether to change prices, based on this cost information. 5) Create as on-going system for continuously accessing and updating the information from suppliers and competitor.