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M6: Tools for creating and managing value - Coggle Diagram
M6: Tools for creating and managing value
Part A: The value chain
Part C: Strategic revenue management
Major influences on pricing decisions
Hard and soft functions
Surplus value
Pricing strategies
Rapid penetration strategy
Slow skimming strategy
Rapid skimming strategy
Slow penetration strategy
Legal implications of price setting
Part D: Strategic cost management
End of economic life: Reverse flows in the value chain
Activity-based management and continuous improvement
Life cycle, target and kaizen costing
Social and environmental value chain analysis
Increasing efficiency without reducing costs: The spare capacity dilemma
Part E: Strategic profit management—upstream activities
Supplier management
Supply chain disruptions
Vendor or supplier selection
Minimising inventory levels
Total quality management
Supplier codes of conduct
Outsourcing and offshoring
Global suppliers
Part F: Strategic profit management—downstream activities
Customer profitability analysis
Part B: Strategic product costing
Activity-based costing
Cost drivers
Steps in activity-based costing
Benefits of the activity-based costing system
Value engineering
Time-driven activity-based costing
Adjusting time-driven activity-based costing for more complex activities
Introduction
Product costing