Factors Affecting Target Costing

This mind map lists some factors which may affect target costing. In terms of the factors affecting target costing, three aspects can be discussed. Talking about market-driven factors, competition intensity, and customer nature should be paid attention to, such as the change in requirements, degree of customer sophistication, and degree of customer understanding. While at the product level, product strategy and characteristics of the product matter. The number of products in the line, frequency of redesign, product complexity, and other related elements should be taken into account. From the perspective at the component level, factors related to supplier base strategies, such as degree of horizontal integration, power over the supplier, and nature of supplier relations should be considered. You can discover various templates on EdrawMind and draw a mind map easily.

Edited at 2021-10-11 16:55:17