Activity Based Management

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Activity Based Management

A management tool for reducing costs and improving customer value by identifying and evaluating activities that an enterprise performs using activity-based costing for value chain analysis and to improve strategic and operational decisions. Activity-based costing links overhead costs and activities to more precisely allocate those costs to specific products, services, or customer segments.
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CESCE selected SAS and its Activity-Based Management to increase precision and detail related to costs and business processes as it faces the global financial crisis.
Those elements include SAS Enterprise BI Server, SAS Enterprise Data Integration Server, SAS Profitability Management and SAS Activity-Based Management - all executed within the Teradata data warehouse.
In one, the physicians practice group of a large academic center applied internal audits, in the form of activity-based management, to identify workflow problems in its billing department, and came up with relatively low-cost solutions that have improved its revenue performance.
Cost-to-serve is part of the wider school of Activity-Based Management
The eighth edition adds chapters on activity-based management and lean accounting, and an appendix on joint product costing.
We have an excellent cost- and activity-based management tool set.
Satisfaction with the tools of the performance management trade is mixed: almost one-half of respondents say they are "sort of" satisfied with tools such as balanced scorecard, activity-based costing, activity-based management and target costing.
With the powerful trend toward using activity-based management to manage entire organizations, however, the stronger concern is with zero-based activities.
Activity-based costing and its offshoots -- activity-based management and activity-based budgeting -- are more sophisticated than ever, in part because of Internet-based tools that allow managers to share information across the entire corporation.
In fact, it is difficult to find an academic or practitioner journal that does not include at least one article on activity-based costing, activity-based management, or activity-based budgeting.
Now we're ready to explore how to use activity-based management (ABM) to measure customer lifetime value and show how you can use CLV information to establish one-to-one customer relationship strategies.

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