Time-Driven Activity-Based Costing
Kaplan, Robert S. and Anderson, Steven R., "Time-Driven Activity-Based Costing" (November 2003). Available at SSRN:
Time-driven ABC requires estimates of only two parameters: (1) the unit cost of supplying capacity and (2) the time required to perform a transaction or an activity. A time-driven ABC model:
- can be estimated and installed quickly - is easily updated to reflect changes in processes, order variety, and resource costs - can be data fed from transactional ERP and CRM systems - can be validated by direct observation of the model's estimates of unit times - can scale easily to handle millions of transactions while still delivering fast processing times and real-time reporting - explicitly incorporates resource capacity and highlights unused resource capacity for management action - exploits time equations that incorporate variation in orders and customer behavior without expanding model complexity
The paper uses simple numerical examples to articulate the fundamentals of time-driven ABC and provides several examples of companies that have implemented the approach and enjoyed rapid and significant profit improvements.
Click here to see more on this topic.
Previous visitors have searched for information on domino lotus, lotus notes to outlook conversion and lotus notes to outlook. We do collect this information to update our site to your needs.
Lotus Notes is used by more than 100.000 people world wide. Other e-mail clients are: Lotus Notes , i.Scribe/InScribe and MH and other personal information manager software are: Lotus Agenda (Windows) , PersonalBrain (Windows) and EssentialPIM (Windows) .
Products or trademarks named are used for reference, without any implied endorsement by their holders and
without intent to infringe. Disclaimer. Copyright 2005 - feedback hulsman @t h0tmail