Strategic initiative for a product costing information system

Mass customization is the paradigm in this modern consumer-centric era, where consumer expectation demands a wide range of varieties in product customization. Taking a critical role in the supply chain, SME companies are required to handle a high ration of product customization to challenge the mar...

Full description

Saved in:
Bibliographic Details
Main Author: Dhanalakshmi Kalyana Sundaram
Other Authors: Ng Wee Keong
Format: Theses and Dissertations
Language:English
Published: 2009
Subjects:
Online Access:http://hdl.handle.net/10356/19156
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Nanyang Technological University
Language: English
Description
Summary:Mass customization is the paradigm in this modern consumer-centric era, where consumer expectation demands a wide range of varieties in product customization. Taking a critical role in the supply chain, SME companies are required to handle a high ration of product customization to challenge the market competition. Hence a strategic product costing system is required to address SME companies' need for mas customization, in addition to giving cost visibility in the entire product life cycle phases. Activitiy Based Costing is a well recognized costing methodology which aims to optimize the product life cycle process. Product family architecture is identified as the concept through which to address the mass customization requirements in product configuration. This dissertation aims at developing an information system for product costing, based on the Activity Based Costing concepts and Product Family Architecture.