Cost Transformation - Operational cost management and the integrity of data

All deployed cost-accounting processes should clearly maintain the integrity of the master data, bring focus to opportunities for improvement and engender decision makers' trust in results. Operational cost-management approaches will also be needed to add insight into where and how cost improvements can be implemented.

For example, a robust ABC process could make the costs of input material trustworthy and draw attention to deviations. Without a supporting cost-management approach for input materials, however (such as ABC inventory management) it may