Dr
Alf Oldman is internationally recognised for his research and
consulting interests in cost management.
Previous consulting clients
include TRW, the Ministry of Defence and Reuters.
Value Based costing services
includes: feasibility studies; proposals; data collection
and analysis; building pilots and prototypes; project
management; computer software simulation; training and
facilitation.
Value Based
Costing (VBC) underpins the widely recognised management
concepts of Value-based management and Shareholder Value
Analysis.
Attributes of
VBC are 1/integrated; 2/ real-time; 3/ forward focused; 4/
relies upon accurate cost attribution as well as cost
allocation; 5/ supports decomposition of value-based
management; 6/ supports process improvement, by both
internal and external benchmarking; 7/ decomposes the cost
of future products to support target costing; 8/supports
estimation of profitability by product, customer, and
channel of distribution; 9/ provides a basis for financial
control by process, rather than traditional cost centre; and
10/ focuses on influencing behaviour, rather than reporting
numbers.
Alf has written
two books on Cost Management. For
examples of Alf's publications, click on each hyperlink to view/buy from
the Amazon bookshop.
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