Course overview
Over time, ABM has evolved considerably and is now being applied in manufacturing, service companies, utilities, logistics, telecommunications, government bodies and many more sectors. It enables businesses to make dramatic improvements in measuring product and process costs and more importantly customer profitability.
This course offers step-by-step guidance on the basic principles of ABM, comparisons with traditional methods, definitions of processes, activities, cost-drivers, data collection techniques and implementation steps and also includes lots of detailed examples drawn from practice.
Topics covered include
- ABM in context
- Flow of costs
- Basic principles of building models
- Undertaking an ABM
- ABM in the real world