“ Techniques of the strategic cost management ”

Abstract

This research Management of strategic cost deals with the basic concepts (cost concept, strategic cost, cost management applications, decision make process and strategic cost analysis, strategic cost), as well as important techniques of the least andthe strategic cost management (activity based costing systems, activity based management, product life cycle costing, target costing, value chain analysis, business reengineering process , benchmarking, just in time, total quality management, balanced scorecard, theory of constraints, mass customization), the research found set of conclusions, one of the most important thinks was that techniques of the strategic cost management does not lead only to achieve savings in cost but even to achieve the rest of the critical factors of success ( quality, customer satisfaction ,innovation and learning. the research concluded with many suitable recommendations.