The Handbook of Supply Chain Costing
Supply Chain Costing: The Next Big Breakthrough for Creating Value
Rick Blasgen, CSCMP president and CEO, explains what it can do for your company.
The Handbook entails a series of steps forming a costing framework that will help you recognize that every supply chain poses unique costing requirements and challenges. The first two steps build the foundation for supply chain costing and address issues common to all supply chains and costing efforts. You can tailor the remaining steps to your circumstances and costing needs. The information contained in this Handbook can assist in your implementation efforts.
More than 20 companies representing a wide range of industries participated in the research—firms recognized as leaders in supply chain management, cost management and control, and collaboration with their trading partners. The Handbook of Supply Chain Costing was developed to assist supply chain executives in expanding their visibility and management of cost information.
Supply chain management offers tremendous potential to increase performance and decrease costs, while substantially improving the value proposition experienced by the end-user and other key stakeholders. Despite major strides forward in integrating their supply chains, executives have achieved only the “tip of the iceberg” in terms of the potential savings available through supply chain management.
Executives confront numerous challenges in attempting to extend their visibility and cost control beyond the boundaries of their firms. To achieve the full potential of supply chain management, executives require a much broader view of costs than is currently available through their firms’ cost management systems. They need to improve their internal cost information and extend their “line of sight” to include their trading partners’ costs—both upstream and downstream.
Described as a journey, firms participating in the supporting case study research had a clear vision of what they sought to achieve, although none had fully completed the process. Implementation of supply chain costing can provide the next major breakthrough in supply chain management to propel firms to achieve higher levels of value creation. The journey these firms have followed serves as a roadmap for others to follow.
“The research results from leading corporations outlined in this handbook will provide supply chain organizations insight on key concepts when developing a supply chain costing system. This handbook has been developed to aid practitioners as well as academics in the understanding of supply chain cost systems versus traditional cost systems.”
Brent E. Edmisten
Director, Strategic Sourcing & ISC Strategies
Cessna Aircraft Company
“A startling reality is that senior leaders in many of today’s global business enterprises are often forced to make critical strategic and operational decisions without the benefit of complete and accurate supply chain costs. Failure to reconcile operating decisions with accurate financial measurement typically results in disappointing performance. Based on their integration and reconciliation of supply chain knowledge and cost accounting principles, Pohlen, Klammer, and Cokins articulate how both individual firms and supply chain collaborators can bridge this traditional knowledge gap. The result, The Handbook of Supply Chain Costing is a must read guide to effective leadership.”
Dr. Donald J. Bowersox
University Distinguished Professor and Dean Emeritus,
Michigan State University
The Handbook of Supply Chain Costing is now available for sale in the CSCMP Bookstore. Purchase a copy today.
Members: $79.95 US
Nonmembers: $109.95 US
