What is activity based management? This online course looks at the information that managers need. Not what’s included in your monthly management accounts, which looks at how input costs, such as people, consumables, rent and rates, vary against a prediction made 12 to 18 months previously.
Activity based management provides the information you need to make key decisions that boost business performance. This includes information such as the true cost of making products, providing services and servicing customers and looking at the resource needed to make predicted volumes of products and planned levels of customer service.
On completion of this online course, you will gain an understanding of:
- how to measure and identify opportunities to enhance product and customer profitabilty
- planning resource requirements, improving processes and reducing output costs
- how to use the data in the business to identify areas for financial improvement and modelling the outcome of different actions.