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JAPANESE COST MANAGEMENT
by Yasuhiro Monden (University of Tsukuba, Japan)
This book deals with the systems of cost reduction that originated in Japan. These are mostly new systems that did not exist in western practices before they were utilized in Japan. The book also presents the Japanese ways of carrying out the globally popular cost reduction practices.
(1) It describes the strategic cost management conducted by top management through alliances between companies and/or between government and industry.
(2) It shows the functional cost reduction systems along the various phases of the product life cycle, as follows: R&D → Product development → Manufacturing → Administration and indirect operations
(3) It conducts some humanistic or behavioral aspects of Japanese cost reduction systems.
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