Management Accounting in the New Manufacturing Environment: Current Cost Management Practice in Automated (Advanced Manufacturing Environments) ebook

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Advancements in technology and trade liberalisation have significantly intensified competition in the domestic and the international markets. One of the strategies for manufacturing firms to become agile and responsive to market changes is to adopt AMT, which often results in drastic changes in the production cost structure.

Howell, Robert A. and Stephen R. Soucy.

New York: McGraw Hill. Howell, Robert A.

changing advanced manufacturing technology (AMT) environment. This is because the development of a nation was made to be a function of her rank in the manufacturing of goods and services. Data were collected from 26 Nigerian manufacturing firms. Selected from Nigerian fact books. The enthronement of trade liberalization by the World Trade Organisation (WTO) in 1995, and under pricing of primary products in the global market, makes the system of manufacturing imperative (Abraham 2000; Igwe and Emerole, 2014).

Data were collected from 165 New Zealand manufacturing sites, selected . In response to today's highly competitive business environment, a revol- ution in the theories of management has produced multiple new approaches and philosophies.

Adoption, utilization, combinations of techniques, trends, perceived benefits, and barriers to adoption are discussed.

current cost management practice in automated (advanced) manufacturing environments.

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For manufacturing firms, adoption of more advanced manufacturing .

For manufacturing firms, adoption of more advanced manufacturing techniques is necessary for these firms to remain competitive and achieve the desired performance.

Current year cost base. Other Cost Management Issues in the New Manufacturing Environment Product Life-Cycle Costs Justifying Investments in Advanced Manufacturing Systems Performance Measurement. End of Chapter 6 Now this is anactivity that Ican manage! Today's Free. Cost base for next year. Kaizen Costing The process of cost reduction during the manufacturing phase of an existing product. Kaizen goal cost-reduction amount.