Strategic initiative for a product costing information system

• Main Author: Dhanalakshmi Kalyana Sundaram
• Other Authors: Ng Wee Keong
• Format: Theses and Dissertations
• Language: English
• Published: 2009
• Subjects: DRNTU::Engineering::Industrial engineering::Information systems
• Online Access: http://hdl.handle.net/10356/19156
• Institution: Nanyang Technological University

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.