Welcome to Activity Based Costing & Management channel of the exhibition. In this channel you will find information such as news, articles, case studies and white papers relating to activity based costing & management. You can also contact providers of Activity Based Costing & Management solutions directly in the FREE exhibition.
Activity-Based Costing (ABC), first introduced 15 years ago, provides a means of accurately assigning support or 'soft' costs to product manufacture that includes the administrative resources that a job actually consumes, not just labour, machinery, and materials. The ABC approach calls for mapping all of a company's workflows and processes so that each activity that contributes to costs is identified and traced through the system. Analysis of activity leads to an Activity Based Management (ABM) business model from which management can make decisions to improve the effectiveness of the organisation.