... improvement in a total cost management (TCM) programme and the other strategies which should support it, e.g. comprehensiveness, integration, flexibility and dynamism. Recognizes that the weaknesses which may develop in a TCM programme can divert cost improvement into cost cutting or cost shifting but sees...

...Surendra P. Agrawal; Satish Mehra; Philip H. Siegel Defines cost management as “a set of techniques and methods for controlling and improving a company’s activities and processes, its products and services” to achieve continuous improvement and deal with global competition; with commitment from top...