Our sessions on Cost Centric Strategy discussed three methods: Activity Based Costing, Balanced Score Cards, and Lean.
(1) Complete the calculation for Sippican pumps by using the IBS213: Cost-Centric Control- Sippican Pump Calculation Template**** and explain where the numbers come from. Suggest actions management could take considering the overall costs by category and the cost rates for pumps. How can #ProcessSytems be applied in the ABC analysis context?
Learning Outcomes Added
ProcessSystem: Differentiate effective and efficient processes and control systems.
StrategicAlignment: Align organizational strategy with structures and processes.
HumansInOrgs: Analyze the success (or failure) of a firm at the level of individuals and teams.
BizUnit: Explain the role and function of departments as part of the internal value stream.
please put the Learning outcomes in the footnote and tag them on how you applied it.
fill calculations.
https://docs.google.com/document/d/1kl4Sp6fpv1R-FjEihzstSqWT0t4VNpltfNB4CE-BglQ/edit?usp=sharing
I will also provide you an example of my friend’s work, do the same but no plagirism.
Sippican assignment mariam alsuwaidi (2).pdf
this is my friend’s assignment, please use it as an example, you have everything you need.
comments from the professor:
Excellent demonstration of how ABC affected the firm’s cost cutting performance
4
#ProcessSystem
Excellent explanation of the three methods for cost-cutting and critical choice of the comparison criteria.
4
#StrategicAlignment
Very good example of Toyota and a clear explanation of how they implemented the ABC, but limited suggestions on how Sappicon would improve their implementation of ABC to be more cost-centric
keep in mind to fix the mistakes she did, and the good things she applied.
