Cost Management In Plastics Processing: Strategies, Targets, Techniques, And Tools

Paperback | September 1, 2017

byRobin Kent

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Competition in all manufacturing sectors is increasing, and there is continuous pressure to drive costs down and to increase cost management. Good cost management improves profits and margins, improves management control, and opens the door to becoming a world-class company. Cost Management in Plastics Processing will make you think about your current practices and how to go forward with effective cost management. This is a practical workbook providing a structured approach to reducing costs in plastics processing for all the major plastics shaping processes moulding, extrusion, forming as well as elsewhere in the company e.g. in factory services and non-manufacturing areas . The approach throughout the book is to look rigorously at where costs are incurred and to propose projects and targets for cost reduction. The book is designed to provide a well-structured route-map broken down into simple tasks and achievable goals. It provides a structured approach to the techniques of cost management, from how costs are calculated by accountants, to the effective use of machines and labour, to the minimisation of waste. It begins by looking at traditional methods of accounting and costing and whether these are helpful or accurate for project management. Practical examples of cost management in plastics processing are included, together with many useful flow charts and diagrams to illustrate the points under discussion. Enables plastics processors to institute an effective cost management system, going beyond simply trying to cut costs Provides a holistic perspective on cost management, shining a light on areas on costs which may not have previously been considered or accounted for, and proposing projects and targets for cost reduction Acts as a route map to help companies move towards improved margins and greater profitability

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From the Publisher

Competition in all manufacturing sectors is increasing, and there is continuous pressure to drive costs down and to increase cost management. Good cost management improves profits and margins, improves management control, and opens the door to becoming a world-class company. Cost Management in Plastics Processing will make you think ab...

Dr Robin Kent has a B.Eng.(Hons.) in Materials Engineering from Monash University (Australia) and a Ph.D. in Polymer Physics from the University of Surrey (UK)). He has been involved with polymer processing since 1971 and has worked as Technical Director for several of the major plastics processing and window systems companies in UK an...

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Format:PaperbackDimensions:370 pages, 8.75 × 6.35 × 0.68 inPublished:September 1, 2017Publisher:Elsevier ScienceLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0081022697

ISBN - 13:9780081022696

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Table of Contents

1. Cost Management 2. Design and Development 3. Materials 4. People and Systems 5. Production 6. Overheads 7. Data and Information 8. Tools for Cost Management