Authors: Pierre Mevellec, Nicolas Perry
Addresses: IAE, University of Nantes, Rue de la Censive du Tertre, 44322 Nantes, France. ' Ecole Centrale de Nantes, 1 Rue de la Noe, B.P.92101, Nantes Cedex 3, France
Abstract: The last few years have seen significant improvements in the concepts, methods and the general approaches to calculating costs. ABC, Target Costing, Strategic Cost Management, functional analysis and costing are mobilising attention. Regardless of which of these approaches we consider, it is always from the point of view of one player whose intention is to benefit from increased knowledge of costs in order to achieve an increased control over their value-chain and profit-margins. This self-centred vision is also present in the Product Life Cycle (PLC) costing or the cost of the PLC concept, which is firmly anchored in product marketing. We are of the opinion that this type of economic calculation no longer fits our current industrial systems, which are based on networks of partners contributing to R&D, manufacturing and services. The network of the organisations represents a growing complexity, necessitating even more complex costing and management methods than the recent innovations.
Keywords: cost drivers; product life cycle; life cycle costs; value constellation; product lifecycle management; PLM.
International Journal of Product Lifecycle Management, 2006 Vol.1 No.4, pp.400 - 414
Published online: 06 Oct 2006 *Full-text access for editors Access for subscribers Purchase this article Comment on this article