Showing posts with label Activity based costing. Show all posts
Showing posts with label Activity based costing. Show all posts

Thursday, July 19, 2012

Creating VALUE

This article appeared in TISA July 2012 Issue.

This article was also published in the September 2012 issue of Rubber India.

In simple terms value means importance or relative worth.
Creating an all encompassing view of the business processes and monitoring for bottlenecks is the first step towards value creation.
It is a continuous process.