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Cover image for Real-time profit management : making your bottom line a sure thing
Title:
Real-time profit management : making your bottom line a sure thing
Personal Author:
Publication Information:
New York : John Wiley & Sons, 1995
ISBN:
9780471126171

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30000003677089 HD47.3 D72 1995 Open Access Book Book
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30000004197434 HD47.3 D72 1995 Open Access Book Book
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30000003677071 HD47.3 D72 1995 Open Access Book Book
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Summary

Summary

ERNST & YOUNG, the most respected name in the field, presents a revolutionary approach to bottom line management.

Real-Time Profit Management .

Now you can achieve strategic and tactical management of the bottom line. Ernst & Young's bold, new step-by-step plan for measuring cost as it happens, in real time , makes it possible to measure profitability as never before--by product, by customer, by order. The result is increased efficiency which translates into higher profits. Developed by the country's top consulting professionals, this breakthrough technique has been tested and approved by Temple Inland, Exxon, and Shell, among other top firms. Real-Time Profit Management defines:

Basic control concepts. The dynamics of cost data. The importance of a time history. How to design and implement a real-time cost system in virtually any type of manufacturing operation.

Real-Time Profit Management--hailed by industry leaders .

"Activity-Based Costing has become the planning tool that enabled us to better manage our profitability." Bill Bleibdrey, Vice President - Finance, Solvay Polymers .

"Activity-Based Costing became the measurement that allowed us to gain control of our bottom line." Phillip W. Farmer, President, CEO, Harris Corporation .

"Knowledge of profit by product is a powerful advantage in today's competetive world." Max Howorth, CFO, Shell Chemical .


Author Notes

ERNST & YOUNG LLP'S CENTER FOR BUSINESS TRANSFORMATION advises corporate clients of all sizes on ways to achieve significant performance improvements through rapid business change. BOB DRAGOO is National Director of Chemical Consulting at Ernst & Young Southern Management Consulting in Houston, Texas. ERNST & YOUNG is an international leader in business and financial consulting, providing accounting, tax, and other professional services to thousands of individuals as well as businesses of all sizes.


Table of Contents

Ernst & Young, the most respected name in the field, presents a revolutionary approach to bottom line management
Real-Time Profit Management
Now you can achieve strategic and tactical management of the bottom line
Ernst & Young's bold, new step-by-step plan for measuring cost as it happens, in real time, makes it possible to measure profitability as never before-by product, by customer, by order
The result is increased efficiency which translates into higher profits
Developed by the country's top consulting professionals, this breakthrough technique has been tested and approved by Temple Inland, Exxon, and Shell, among other top firms
Real-Time Profit Management defines: Basic control concepts.
The dynamics of cost data
The importance of a time history
How to design and implement a real-time cost system in virtually any type of manufacturing operation
Real-Time Profit Management-hailed by industry leaders
"Activity-Based Costing has become the planning tool that enabled us to better manage our profitability."
Vice President - Finance, Solvay PolymersBill Bleibdrey
"Activity-Based Costing became the measurement that allowed us to gain control of our bottom line."
President, CEO, Harris CorporationPhillip W. Farmer
"Knowledge of profit by product is a powerful advantage in today's competetive world."
CFO, Shell ChemicalMax Howorth
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