DRAFT (Not all Hyperlinks are Active) Activity Based Costing Understanding Process Definitions and Industry Applications Knowledge Management Solutions, Inc. January 2001 Knowledge Management Solutions, Inc. January 2001 1 DRAFT (Not all Hyperlinks are Active) Table of Contents Overview ………………………………………………………………………………. 3 ABC Glossary of Terms …………………………………………………………….. 5 Articles and Case Study Synopses ……………………………………………….. 12 Pitfalls of ABC and How to Avoid Them (Three Parts of a 5-Part Series) …. 13 By Gary Cokins Examples and Applications 1. Activity Based Costing – Getting Closer to the Root of Cost Drivers in the Warehouse ……………………. 2. Beyond Theory: The Practice of defining Activities ……………………………………. 3. The fifteen defining characteristics of an ABC/M system (and without them, there is no way that a vendor can claim they do ABC/M) ..... 4. Government Uses of Activity Based Costing …………………………………………… 5. ABC at NASA’s Lewis Research Center ………………………………………………… 6. If ABC is the Answer, What is the Question? …………………………………………… 40 43 49 53 58 63 Case Studies – Applications 1. 2. 3. 4. 5. Banc One Assesses Private label Credit Services ……………………………………... ABC Gathers Speed at Mobil ……………………………………………………………... U.S. Airways – Implementation Lands $4.3M in Process Improvement Savings …… United Technologies’ Activity Based Accounting Is A Catalyst For Success ………... The Change is Forever: Activity-Based Costing in the U.S. Marine Corps ………….. Knowledge Management Solutions, Inc. January 2001 70 74 83 89 95 2 DRAFT (Not all Hyperlinks are Active) 1.1 Overview The Planning, Programming, and Budgeting System (PPBS) is a very complex concept and the fast paced environment of Pentagon policies and shortened timelines make advocating for specific areas all the more difficult. Such is the case with advocates of Base Operating Support (BOS) within the Air Staff BOS structure. Many organizational management models for problem & process analysis have either been proposed or are currently being used within business, industry, and government to improve the effectiveness and efficiency in operations. While the selection of a model to use could be hampered if an attempt to review the pros and cons of all models were made, this selection was driven by prior experience and the need for timeliness. KMS combined two models – the ADDIE and the ABC. Experience with the Air Force Analysis, Design, Develop, Implement, and Evaluate (ADDIE) model suggested these process design and development steps were prudent for this endeavor. Similarly, the Activity Based Costing (ABC) model was an obvious selection from experience within the financial management arena and from an understanding of the need for outputbased metric development within the BOS PPBS process. Providing a logical plan, regardless of the complexity, was critical and would allow all participants to reach the intended program goals with reliable, validated and reproducible results. By looking closer at both models, we can To understand the models, let’s briefly examine each. The ADDIE Model is an acronym for Analyze, Design, Develop, Implement, and Evaluate. It is a derivative of the Instructional Systems Design (ISD) process used throughout business, industry, academia, and government. The Air Force is a long time proponent of the Instructional Systems Design (ISD) process for defining, developing, and implementing (in a very logical and organized manner) complex systems and for assisting personnel in understanding their associated intricacies. The understanding and adaptation of the AF BOS PPBS process toward better method for planning, advocating, and forecasting requirements seemed to be a similar cause. Instructional System Development (ISD) is the official Air Force process for developing education and training for Air Force personnel. AFPD 36-22 directs the use of a systematic approach to Air Force instruction. AF Manual 36-2234 discusses the background of ISD, explains the process, and provides guidance on specific areas of the process. It also provides the necessary theory and philosophy for developing effective, cost-efficient instruction and process model development. It is this process development and logical approach that made the ISD process appropriate for use. So, what is ABC? The ABC Model of Activity Based Costing is an industry-accepted approach to maximizing resource utilization and associated activity efficiency while minimizing the costs of outputs. It is this focus on the costs of outputs that make ABC different from the typical input-based business model. By concentrating on the outputs of each major organizational activity, ABC portrays cost-distribution throughout the organizational processes of resource utilization, activity implementation, and output production. Knowledge Management Solutions, Inc. January 2001 3 DRAFT (Not all Hyperlinks are Active) Organizations devote thousands of hours and many personnel at the discipline of its study and analysis. We understand the short timeframes and fast-paced schedules associated with your Product Element Manager (PEM) and Integrated Product Team (IPT) member positions. Therefore, the purpose of this reference document is to briefly describe and define the components of ABC and to provide a reference source for further study by you, as time allows. The IPT meeting slides present a task sequence combining the ADDIE with the ABC models. The first two major ADDIE steps are combined with the ABC methodology of identifying specific outputs and costs. As an IPT member, you’ll recognize these steps from the IPT slides. Analyze − Baseline Current BOS PPBS Process − Define Major Processes and Key Activities − Target Activities − Determine and Define Products and Services (Outputs) − Define Customers − Identify Existing Qualitative Data (Performance Measures) − Identify Existing Quantitative Data (Costs) by Activity − Analyze Existing Activity Metrics and Processes Design − Link Activities to Processes − Determine Steps (Critical Path) associated with each Activity Process − Identify Cost Drivers (Standards) − Identify Activity & Resource Drivers (Frequency and Intensity) − Design a Cost Structure for each Activity Process − Design Future BOS PPBS Process Model § Design Narrative Justification § Design Wiring Diagram − Design Output-Based Metric Criteria − Design Metric Presentation Format − Design Metric Tracking Methods The ADDIE model can be said to comprise the ‘How’ of the logical flow to the problem and process analysis and the Activity Based Costing (ABC) model provides the ‘What’ for the details within the financial costing and BOS PPBS environment. This combination provides a simple, yet extremely effective, method for analyzing the PPBS process, defining a procedural direction, laying out the steps, and suggesting the solution. Included here are initial descriptions and definitions giving the reader an upfront description and definition for critical terms. Selected articles are available in the appendices from government and industry and combine application examples with case studies. Knowledge Management Solutions, Inc. January 2001 4 DRAFT (Not all Hyperlinks are Active) Definitions – ABC Glossary of Terms This glossary appears courtesy of the Consortium of Advanced ManufacturingInternational (CAM-I). ABC Model A representation of resource costs during a time period that are consumed through activities and traced to products, services, and customers or to any other object that creates a demand for the activity to be performed. ABC System A system that maintains financial and operating data on an organization’s resources, activities, drivers, objects and measures. ABC models are created and maintained within this system. Activity Work performed by people, equipment, technologies or facilities. Activities are usually described by the “action-verb-adjective-noun” grammar convention. Activities may occur in a linked sequence and activity-to-activity assignments may exist. Activity Analysis The process of identifying and cataloging activities for detailed understanding and documentation of their characteristics. An activity analysis is accomplished by means of interviews, group sessions, questionnaires, observations, and reviews of physical records of work. Activity-Based Budgeting (ABB) An approach to budgeting where a company uses an understanding of its activities and driver relationships to quantitatively estimate workload and resource requirements as part of an ongoing business plan. Budgets show the types, number of and cost of resources that activities are expected to consume, based on forecasted workloads. The budget is part of an organization’s activity-based planning process and can be used in evaluating its success in setting and pursuing strategic goals. (See Activity-Based Planning.) Activity-Based Costing (ABC) A methodology that measures the cost and performance of cost objects, activities and resources. Cost objects consume activities and activities consume resources. Resource costs are assigned to activities based on their use of those resources, and activity costs are reassigned to cost objects (outputs) based on the cost objects’ proportional use of those activities. Activity-based costing incorporates causal relationships between cost objects and activities and between activities and resources. Activity-Based Management (ABM) A discipline focusing on the management of activities within business processes as the Knowledge Management Solutions, Inc. January 2001 5 DRAFT (Not all Hyperlinks are Active) route to continuously improve both the value received by customers and the profit earned in providing that value. ABM uses activity-based cost information and performance measurements to influence management action. (See Activity-Based Costing.) Activity-Based Planning (ABP) Activity-based planning (ABP) is an ongoing process to determine activity and resource requirements (both financial and operational) based on the ongoing demand of products or services by specific customer needs. Resource requirements are compared to resources available and capacity issues are identified and managed. Activity-based budgeting (ABB) is based on the outputs of activity-based planning. (See Activity-Based Budgeting.) Activity Dictionary A listing and description of activities that provides a common/standard definition of activities across the organization. An activity dictionary can include information about an activity and/or its relationships, such as activity description, business process, function source, whether value-added, inputs, outputs, supplier, customer, output measures, cost drivers, attributes, tasks, and other information as desired to describe the activity. Activity Driver The best single quantitative measure of the frequency and intensity of the demands placed on an activity by cost objects or other activities. It is used to assign activity costs to cost objects or to other activities. Activity Level A description of how elastic or sensitive an activity is to changes in the volume, diversity, or complexity of a cost object or another activity. Product-related activity levels may include unit, batch, and product levels. Customer-related activity levels may include customer, market, channel, and project levels. Allocation A distribution of costs using calculations that may be unrelated to physical observations or direct or repeatable cause-and-effect relationships. Because of the arbitrary nature of allocations, costs based on cost causal assignment are viewed as more relevant for management decision-making. (Contrast with Tracing and Assignment.) Assignment A distribution of costs using causal relationships. Because cost causal relationships are viewed as more relevant for management decision-making, assignment of costs is generally preferable to allocation techniques. (Synonymous with Tracing. Contrast with Allocation.) Attributes A label used to provide additional classification or information about a resource, activity, or cost object. Used for focusing attention and may be subjective. Examples are a Knowledge Management Solutions, Inc. January 2001 6 DRAFT (Not all Hyperlinks are Active) characteristic, a score or grade of product or activity, or groupings of these items, and performance measures. Best Practices A methodology that identifies the measurement or performance by which other similar items will be judged. This methodology is used to establish performance standards and to aid in identifying opportunities to increase effectiveness and efficiency. Best practices methodology may be applied with respect to resources, activities, cost object, or processes. Bill of Activities A listing of activities required by a product, service, process output or other cost object. Bill of activity attributes could include volume and or cost of each activity in the listing. Bill of Resources A listing of resources required by an activity. Resource attributes could include cost and volumes. Capacity The physical facilities, personnel and process available to meet the product or service needs of customers. Capacity generally refers to the maximum output or producing ability of a machine, a person, a process, a factory, a product, or a service. (See Capacity Management.) Capacity Management The domain of cost management that is grounded in the concept that capacity should be understood, defined, and measured for each level in the organization to include market segments, products, processes, activities, and resources. In each of these applications, capacity is defined in a hierarchy of idle, non-productive, and productive views. Constraint A bottleneck, obstacle or planned control that limits throughput or the utilization of capacity. Cost Center A sub-unit in an organization that is responsible for costs. Cost Driver Any situation or event that causes a change in the consumption of a resource, or influences quality or cycle time. An activity may have multiple cost drivers. Cost drivers do not necessarily need to be quantified; however, they strongly influence the selection and magnitude of resource drivers and activity drivers. Cost Driver Analysis The examination, quantification, and explanation of the effects of cost drivers. The Knowledge Management Solutions, Inc. January 2001 7 DRAFT (Not all Hyperlinks are Active) results are often used for continuous improvement programs to reduce throughput times, improve quality, and reduce cost. Cost Element The lowest level component of a resource, activity, or cost object. Cost Management The management and control of activities and drivers to calculate accurate product and service costs, improve business processes, eliminate waste, influence cost drivers, and plan operations. The resulting information will have utility in setting and evaluating an organization’s strategies. Cost Object Any product, service, customer, contract, project, process or other work unit for which a separate cost measurement is desired. Cost Object Driver The best single quantitative measure of the frequency and intensity of demands placed on a cost object by other cost objects. Cost Pool A logical grouping of Resources or Activities aggregated to simplify the assignment of resources to activities or activities to cost objects. Elements within a group may be aggregated or disaggregated depending on the informational and accuracy requirements of the use of the data. A modifier may be appended to further describe the group of costs, i.e. Activity Cost Pool. Cross-Subsidy The inequitable assignment of costs to cost objects, which leads to over costing or under costing them relative to the amount of activities and resources actually consumed. This may result in poor management decisions that are inconsistent with the economic goals of the organization. Direct Cost A cost that can be directly traced to a cost object since a direct or repeatable causeand-effect relationship exists. A direct cost uses a direct assignment or cost causal relationship to transfer costs. (See also Indirect Cost, Tracing.) Enterprise-Wide ABM A management information system that uses activity-based information to facilitate decision making across an organization. Hierarchy of Cost Assignability An approach to group activity costs at the level of an organization where they are incurred, or can be directly related to. Examples are the level where individual units are identified (unit-level), where batches of units are organized or processed (batch-level), Knowledge Management Solutions, Inc. January 2001 8 DRAFT (Not all Hyperlinks are Active) where a process is operated or supported (process-level), or where costs cannot be objectively assigned to lower level activities or processes (facility-level). This approach is used to better understand the nature of the costs, including the level in the organization at which they are incurred, the level to which they can be initially assigned (attached) and the degree to which they are assignable to other activity and/or cost object levels, i.e. activity or cost object cost, or sustaining costs. Indirect Cost A resource or activity cost that cannot be directly traced to a final cost object since no direct or repeatable cause-and-effect relationship exists. An indirect cost uses an assignment or allocation to transfer cost. (See Direct Cost, Support Costs.) Life Cycle Cost A product’s life cycle is the period that starts with the initial product conceptualization and ends with the withdrawal of the product from the marketplace and final disposition. A product life cycle is characterized by certain defined stages, including research, development, introduction, maturity, decline, and abandonment. Life cycle cost is the accumulated costs incurred by a product during these stages. Pareto Analysis An analysis that compares cumulative percentages of the rank ordering of costs, cost drivers, profits or other attributes to determine whether a minority of elements have a disproportionate impact. For example, identifying that 20 percent of a set of independent variables is responsible for 80 percent of the effect. Performance Measures Indicators of the work performed and the results achieved in an activity, process, or organizational unit. Performance measures are both non-financial and financial. Performance measures enable periodic comparisons and benchmarking. Process A series of time-based activities that are linked to complete a specific output. Profitability Analysis The analysis of profit derived from cost objects with the view to improve or optimize profitability. Multiple views may be analyzed, such as market segment, customer, distribution channel, product families, products, technologies, platforms, regions, manufacturing capacity, etc. Resource Driver The best single quantitative measure of the frequency and intensity of demands placed on a resource by other resources, activities, or cost objects. It is used to assign resource costs to activities, and cost objects, or to other resources. Resources Economic elements applied or used in the performance of activities or to directly support cost objects. They include people, materials, supplies, equipment, technologies Knowledge Management Solutions, Inc. January 2001 9 DRAFT (Not all Hyperlinks are Active) and facilities. (See Resource Driver, Capacity.) Support Costs Costs of activities not directly associated with producing or delivering products or services. Examples are the costs of information systems, process engineering and purchasing. (See Indirect Cost.) Surrogate [item] Driver A substitute for the ideal driver, but is closely correlated to the ideal driver, where [item] is Resource, Activity, Cost Object. A surrogate driver is used to significantly reduce the cost of measurement while not significantly reducing accuracy. For example, the number of production runs is not descriptive of the material disbursing activity, but the number of production runs may be used as an activity driver if material disbursements correlate well with the number of production runs. Sustaining Activity An activity that benefits an organizational unit as a whole, but not any specific cost object. Target Costing A target cost is calculated by subtracting a desired profit margin from an estimated or a market-based price to arrive at a desired production, engineering, or marketing cost. This may not be the initial production cost, but one expected to be achieved during the mature production stage. Target costing is a method used in the analysis of product design that involves estimating a target cost and then designing the product/service to meet that cost. (See Value Analysis.) Tasks The breakdown of the work in an activity into smaller elements. Tracing The practice of relating resources, activities and cost objects using the drivers underlying their cost causal relationships. The purpose of tracing is to observe and understand how costs are arising in the normal course of business operations. (Synonymous with Assignment. Contrast with Allocation.) Unit Cost The cost associated with a single unit of measure underlying a resource, activity, product or service. It is calculated by dividing the total cost by the measured volume. Unit cost measurement must be used with caution as it may not always be practical or relevant in all aspects of cost management. Unit of Driver Measure The common denominator between groupings of similar activities. Example: 20 hours of process time is performed in an activity center. This time equates to a number of common activities varying in process time duration. The unit of measure is a standard Knowledge Management Solutions, Inc. January 2001 10 DRAFT (Not all Hyperlinks are Active) measure of time such as a minute or an hour. Value-Adding/Non-Value-Adding Assessing the relative value of activities according to how they contribute to customer value or to meeting an organization’s needs. The degree of contribution reflects the influence of an activity’s cost driver(s). Value Analysis A method to determine how features of a product or service relate to cost, functionality, appeal and utility to a customer. (i.e., engineering value analysis) (See Target Costing.) Value Chain Analysis A method to identify all the elements in the linkage of activities a firm relies on to secure the necessary materials and services, starting from their point of origin, to manufacture, and to distribute their products and services to an end user. This glossary appears courtesy of the Consortium of Advanced ManufacturingInternational (CAM-I). Knowledge Management Solutions, Inc. January 2001 11 DRAFT (Not all Hyperlinks are Active) Article and Case Study Synopses (Synopses Will Be Incorporated When Completed) Pitfalls of ABC and How to Avoid Them (Three Parts of a 5-Part Series) By Gary Cokins Examples and Applications 1. Activity Based Costing – Getting Closer to the Root of Cost Drivers in the Warehouse 2. Beyond Theory: The Practice of defining Activities 3. The fifteen defining characteristics of an ABC/M system (and without them, there is no way that a vendor can claim they do ABC/M) 4. Government Uses of Activity Based Costing 5. ABC at NASA’s Lewis Research Center 6. If ABC is the Answer, What is the Question? Case Studies – Applications 1. Banc One Assesses Private label Credit Services 2. ABC Gathers Speed at Mobil 3. U.S. Airways – Implementation Lands $4.3M in Process Improvement Savings 4. United Technologies’ Activity Based Accounting Is A Catalyst For Success 5. The Change is Forever: Activity-Based Costing in the U.S. Marine Corps Knowledge Management Solutions, Inc. January 2001 12 DRAFT (Not all Hyperlinks are Active) Pitfalls of ABC and How to Avoid Them Common Pitfalls in Developing an ABC Model (And How to Avoid Them), Part 1 by Gary Cokins, CPIM for BetterManagement.com When an organization’s activity-based costing (ABC) implementation project falls short of expectations, it rarely has anything to do with ABC methodology or the technology that now supports ABC. ABC is merely a refined form of absorption costing, so there are no major adjustments in accounting theory. And computations once restricted to cumbersome mainframe computers can now be performed with flexible modeling ABC software on laptop computers and other user accessible platforms. But regardless of where the blame lies, failed implementations in the 1990s tarnished the image of the activity-based costing. An entire ABC project will be at risk for failure unless project leaders address all the causes for lack of acceptance of ABC above and beyond and above the threshold necessary for success. The causes for failure range from poor design of the ABC model architecture to underestimating the ABC data users’ level of resistance to what appears to be a new accounting methodology. Many failures result from the misconceptions by members of the ABC project team. Regardless of the problem, however, almost all of the potential pitfalls must be considered and addressed to achieve the minimal threshold level for success where users can continue to reuse the data and request updates from period to period. Five areas expose an ABC project to the risk of failure: 1. 2. 3. 4. 5. ABC model structure design and architecture Selection and collection of driver data Implementation and data integration Getting management and employee support Applying the data to decision making These categories of risk must be addressed in a balanced way. That is, it is more important to pay some attention to all areas than to overemphasize one or two while ignoring the others. This article is part one of a five part series and will address the first category of risk – ABC model structure design and architecture. Problems Related to ABC Model Structure Design and Architecture In a short phrase, poor ABC model design will lead to poor results. Since there are so many other behavioral change management obstacles to be overcome with ABC, having a sub-par model design makes the task of overcoming organizational resistance to change only that more difficult. Precision Versus Accuracy One common misconception about ABC model structure design and architecture is that precision is synonymous with accuracy. In other words, if one collects imprecise Knowledge Management Solutions, Inc. January 2001 13 DRAFT (Not all Hyperlinks are Active) timesheet data from the workers, then all the costs will be corrupted and inaccurate. In addition, if one uses imprecise activity cost driver data, the costed results of products and customers are even worse. ABC project teams are notorious for constructing very large models that exceed, at least initially, what is needed to solve an organization's major problems. The root of this problem can be linked to perceptions and skepticism about the use of estimates in place of facts and about any errors resulting from them. Accountants seek to provide readers of financial statements with precise information of unquestionable integrity, whether it be at the summary level or minutely detailed. Accountants' training has taught them that if the input data is wrong, then any output will be wrong, and therefore, any uses of that output data will be adversely affected. Consequently, when designing and implementing an ABC system, accountants naturally presume a detailed and comprehensive level of data collection. They assume that if they collect great detail from everyone in every area, then well after-the-fact they know they can answer any remote question by rolling-up the data into summaries. Imprecise inputs, however, do not automatically mean inaccurate outputs, and precision is not always synonymous with accuracy. It is counterintuitive to many, but with ABC, error does not compound, it dampens out. The real consequence of an error when distributing costs is that some destination cost objects are overcosted while the remainder are undercosted. It is a zero-error game, and, in the end, 100 percent of the costs are always completely assigned for each and every assignment. Figure 1 illustrates how ABC produces diminishing returns on error for additional increments of administrative effort. Figure 1: Diminishing Returns Curve Knowledge Management Solutions, Inc. January 2001 14 DRAFT (Not all Hyperlinks are Active) How can error dampen out? With ABC, the costs are first segmented into activities and then traced proportionately to reflect the diversity of the consumption effect of each cost object placed on the activities. That is, all of the activity costs are reaggregated into the cost objects after they have been segmented. Each activity's assignment to all of its cost objects may have slight error, but each assignment is aimed at a bull's eye – some of the assignment errors are plus and some are minus. They tend to cancel each other out. In effect, the law of offsetting errors kicks in. Any error in undercosting or overcosting has a canceling effect. If you ask an accountant what he or she believes is the major source of accuracy in ABC, resource drivers (e.g., employee timesheets) or activity cost drivers, the response will usually be the former. Accountants tend to rationalize that if the data has errors initially starting with the first inputs, then any error can only get worse from there on. This is counterintuitive because as the activity costs are reaggregated into the cost objects, the activity cost drivers more greatly influence the accuracy. To get better accuracy, the accuracy of the assignments located closer to the cost objects should be better than those farther away. By using an existing ABC model, one can empirically test for the evidence of this property simply by significantly changing the hours or percentages for several of the employee timesheet input data (i.e., assume some employees deliberately falsified their inputs). Recalculate the ABC model, comparing the new costs of products, standard service lines, and customers to the old. On average, the dampening property of an ABC model reveals that large changes in resource drivers result in relatively small changes in the cost object costs. The implications of error and accuracy are serious. Unfortunately, many organizations that sorely need the insights and intelligence gained from activity-based information are denied them because of the misguided beliefs and skepticism of a few people. Some ABC systems fail because of accountants whose excessive desire for precision resulted in an ABC model that was too massive, overdesigned, and exceedingly invasive on employees' time and emotions. These ABC systems have been constructed with designs that are far beyond the point of diminishing returns in accuracy. Too often in building ABC systems, accountants do not work with the end in mind, but presume the data collected must be very detailed and very precise everywhere. Common Pitfalls in Developing an ABC Model (And How to Avoid Them), Part 1 ABC Versus Process Costing Another common misconception is that ABC and process costing are the same thing. Project teams may be led to believe that by linking the activity costs into the business processes, accurate costs-to-serve customers are assured. Knowledge Management Solutions, Inc. January 2001 15 DRAFT (Not all Hyperlinks are Active) If project teams better understood the purpose for a project and its expected benefits, they would probably attain better results with their activity accounting. One common source of confusion is that some managers are looking for profitability analysis while others desire process improvement. These are two different objectives. Although activity accounting is needed to provide insights for both objectives, the orientation of the data differs for each. Many ABC project teams do not appreciate this subtlety. Both views of costs – the strategic view for understanding profits and the operational view for understanding processes – require work activity data that is shared, common data. These two views are needed because the general ledger or fund accounting system is structurally unable to provide cost data that allows costs to be properly additively flowed (i.e., process) or re-assigned (i.e., absorption). The traditional ledger data focuses on transaction-intensive data that gets bucketed into payroll or operating supply accounts; this provides little insight to work activities, and the costs cannot be related to variable drivers. Another structural deficiency with the chartof-accounts is the vertical nature of the organizational chart and hierarchy, which uses cost centers. Activity accounting resolves these weaknesses by translating the ledger cost data into work activity information. It is at this point that the activity costs can move in one of two directions, but not in both directions at once. On one hand, activities belong to processes -- you can add their costs up across time. On the other hand, activities are also consumed by products, service lines, channels, and customers. In short, activity costs can be re-assigned. This point often eludes the ABC project teams. If their objective is to provide profitability analysis, then the driving force is to segment the diversity of the resource consumption into the widely varying mix of products, standard service lines, and customers. There is usually a broad mix of intermediate outputs of work which the products, standard service lines, and customers themselves are consuming. This type of costing is ABC. Alternatively, if the ABC team's objective is business process management, then the attention shifts to understanding more about the activity costs themselves. This includes not only what drives the activity costs and their individual levels of importance or performance, but also how the activities interrelate across time to make up the business process. For example, a rocket and a railroad train are both moving forward, but not in the same direction, because one is moving vertically and the other horizontally. This analogy applies to ABC and the process view. Figures 2 and 3 illustrate the two different orientations – the cost object view and the process view. In the cost object view, ABC concentrates on segmenting variation and diversity about how the activities relate to the mix of outputs, products, standard service lines, and customers (i.e., cost objects). Knowledge Management Solutions, Inc. January 2001 16 DRAFT (Not all Hyperlinks are Active) Figure 2: The Cost Object View In contrast, the activity costs in the process view concentrate on how the activities relate to each other in time, forming a sequence or network (a mix) traversing across organizational boundaries. However, work activity costs in the business process relate to each other in time. Knowledge Management Solutions, Inc. January 2001 17 DRAFT (Not all Hyperlinks are Active) Figure 3: The Process View ABC is time-blind. Process costs are mix-blind. The work activity costs are shared and common to both views as the starting point of their route for flowing costs. The activity costs are the initial translation of the general ledger expenditures. After the work activities are costed, they are then either added across time for the process view or disaggregated and reassigned with eventual reaggregation into the products and standard service lines for the view of the mix of final cost objects. Common Pitfalls in Developing an ABC Model (And How to Avoid Them), Part 1 ABC project teams that have not fully thought through this distinction between the two views may unconsciously blend both, thus adversely affecting both results. The instinctive view of some ABC teams' is to string several activities in time sequence, then interrupt that orientation by tracing the activities to their product, standard service line, or customer cost object using a single cost driver. At that moment they effectively abandon the much more sensitive diversity already captured in each activity cost and revert back to an averaged allocation, which is contrary to the reason for implementing ABC in the first place. Hence, the mix costs of products and standard service lines become much less accurate than they would have been had each activity cost been individually traced using its own unique cost driver. In the cost object view, activity costs are each individually traced to their cost object based on diversity. ABC project teams that initially want to focus primarily on the business process costs may similarly misdesign their ABC models. These teams tend to interrupt their timebased cost flow structure to trace their partially sequenced costs into the unique mix of Knowledge Management Solutions, Inc. January 2001 18 DRAFT (Not all Hyperlinks are Active) outputs, products, standard service lines, channels, or customers. They never complete the full end-to-end activity costs which belong to the business processes. With this discontinuity, they cannot validly measure business process costs. Further, any form of unused capacity analysis or constraint-based thinking is adversely affected because the team has prematurely broken the process chain. When confused ABC project teams build hybrid ABC models, their cost-flow design in effect straddles both views, resulting in erroneous results. When the ABC team does not declare whether its goal is to cost the diverse mix or to cost the end-to-end processes, they split the difference and get neither. In short they get less accurate product and customer costs, and they get incomplete process costs. The lesson is this: with a single cost-flow network, one cannot compute the costs of both the product and service line and the process. Each activity acts like a node in a network. If one sequences activities in time, one cannot discern how the mix uniquely consumes varying portions of each activity cost. Likewise, if one traces activities (from potentially two or more processes) to the various cost objects, one cannot compute the cost of each process. Users of commercial ABC software solve this problem with one of two solutions: 1. They tag numerical attributes on their activities that cross-reference to each activity's location on a process flow chart (e.g., in Microsoft's PowerPoint). 2. They export the activity data into a process flow chart drawing tool, into an analytical process mapping tool, or into an even more powerful discrete-event process simulation tool. Level of Detail Many ABC project teams believe that ABC systems require a “mud slide” of data, and when the systems are complete, they are the world's largest spreadsheets. One of the unanswered questions in the ABC industry is, “Why does it take so long for organizations to progress from snapshot models to fully integrated ABC production systems?” There are a variety of factors, including people's natural resistance to change. A key factor, however, is the rate of organizational learning about ABC. If ABC models are inadequately designed and constructed, then the learning and the buy-in, as well as the time to produce usable information, will be slowed. There are many challenges to overcome with an ABC project in order to successfully implement ABC. Organizations do not need the additional headache of a poorly designed ABC model. This is not an issue with the software itself, but rather what the organization does with the software. ABC information has properties that are useful for both strategic profitability analysis and operational improvement, and ABC project teams often find it a challenge to design a model for both uses. The models are often too large. In reality, ABC models can be kept to a manageable size. The level of detail depends on the kinds of decisions made Knowledge Management Solutions, Inc. January 2001 19 DRAFT (Not all Hyperlinks are Active) with the new data, and the required accuracy. Figure 4 illustrates how the ABC cross has an additional dimension of detail and disaggregation. Figure 4: The ABC Cross ABC project teams that understand that less error resides in the resource drivers than the activity cost drivers will substantially compress the size of their ABC models. In particular, they will reduce their data collection efforts. Instead of collecting time-effort data from every employee (and in excessive detail), they will seek to collect data from the minimum number of employee representatives. This means that ABC models can be sized right, involve a minimum effort, and still provide very relevant and reasonably accurate results. ABC models should not be too elaborate or excessively detailed. Pareto's 80/20 law of diminishing returns is heavily deployed in the design and construction of ABC models. The amount of data and level of detail should meet the decision maker's needs. If the model is too simple, it will not be sufficiently accurate; but if it is too complicated, the extra administrative effort and cost to maintain it may exceed the benefits. It is important to understand the trade-offs between the relevance, significance, accuracy, and flexibility required to capture the diversity of resource consumption at timely intervals. ABC’s Multi-stage Cost Assignment Network In the early experimental stages of designing and building ABC pilot models, where the term pilot implies the ABC model is intended to become a repeatable ABC reporting system, many organizations followed the popular articles written for popular management accounting magazines. These articles described ABC as a “two-stage Knowledge Management Solutions, Inc. January 2001 20 DRAFT (Not all Hyperlinks are Active) allocation” procedure. This also followed the popular ABC cross symbol used in ABC training courses. The costing procedure is as follows: Resources such as people, machines, materials, and supplies are assigned to work activities, and then each work activity is reassigned to its product, standard service line, or customer based on its unique relationship with an activity cost driver. There are two major differences from traditional cost allocations: (1) department costs are disaggregated more finely into the work activities to allow for better segmenting, and (2) multiple activity cost drivers are used in contrast to a single total volume-based driver, based on an input (e.g., labor hours) or on a final output (e.g., number of completed units) measure. As ABC systems became larger and more complex, the ABC/M data is applied to solve broader problems. For these solutions, the ABC cost calculation usually required more than the simple so-called “two-stage” cost re-assignment as indicated by the cost assignment view of the ABC/M Cross. Figure 5 illustrates the expansion of the cost assignment network from two-stages to a multi-stage network. Figure 5: Simple vs. Expanded ABC The expanded ABC Model includes intermediate stages of activities – i.e., activity outputs that are inputs to successive work activities. Specific usage, not time-based sequence, is the dominant factor for determining this cost assignment structure. These intermediate input/outputs cannot easily be traced directly to final cost objects (i.e., products, service lines, types of channels, or customers) since there is no causal relationship. As a result, intermediate activities are two or more stages removed from a final cost object. Knowledge Management Solutions, Inc. January 2001 21 DRAFT (Not all Hyperlinks are Active) The need for multi-stage cost assignments, in contrast with the earlier use of a simplistic two-stage assignment, has been due in part to assure accurate costing. A substantial and material amount of organizational work activities support the more primary activities that are in closer proximity to products and customer services. Organizations often refer to this support related work as overhead. These support-related activity costs raise the question, “how much of this activity is consumed by specific products or service-lines?” But it is virtually impossible to answer this question because the work is simply too indirect and remote from the products to detect or sense any differences. However, these support activities can be traced in proper proportions to other activities that require their work. Such support-related activity costs are eventually burdened into the primary activity costs. These intermediary activities support the work activities that do detect the variation and diversity of the products or service line. In sum, the ABC/M uses multi-stages to trace all of the costs through a network of cost assignments into the final cost objects. In summary, many activity cost relationships are in reality indirect with respect to the organization’s resources and final cost objects. As a consequence, the network-like structure of the expanded ABC Model cost assignment system exists because of the complexity in tracing the consumption of resource expenses to their final product or end customer. Figure 6: Expanded ABC Cost Assignment Network Figure 6 shows a generic expanded ABC Model cost assignment network diagram. The Knowledge Management Solutions, Inc. January 2001 22 DRAFT (Not all Hyperlinks are Active) main differences between this diagram and the two-step ABC Cross are the presence: (1) of intermediate stages of activity-to-activity cost assignments, and (2) of cost objectto-cost object assignments. It is helpful to imagine the cost assignment paths of the generic expanded ABC Model of Figure 6 as pipes and straws where each path’s diameter reflects the amount of cost flowing. The power of the expanded ABC Model is the cost assignment paths and destinations provide traceability from beginning to end – from resource expenditures to each type of (or each specific) customer – the origin for all costs. For some readers it may be useful to mentally and visually reverse all the arrowheads in Figure 6 to the opposite direction. This polar switch reveals that all costs originate with a demand-pull from customers – and the costs simply measure the effect. Some people are initially intimidated by thinking about ABC as an arterial cost assignment as presented in Figure 6; however, it makes logical sense the more you work with ABC/M. Also, the ABC/M cost assignment network is related to an observation that has become known as Metcalf’s Law: The value of a network increases as the number of nodes increase. In short, the majority of the support work activities could not be directly traced to products and standard service lines, but they could be traced to the work activities that consumed them. Now the cost accountant had the same step-down cost allocation design, but at a much deeper level. Cost accountants were reluctant to use allocation basis, which had little or no cause and effect, resulting in very large spreadsheets. In some cases, some of the product-making and service-delivering work activities were directly consuming (i.e., being allocated from) a support work activity and also indirectly consuming that same work activity via another direct activity. This is because the support activity we’re describing was also feeding another support activity which was allocated, to the product-making or service-delivering activity. In other words, the assignments were not simply columns-to-rows, but were coming from multiple levels. One of the solutions was to begin employing the “macros” functionality of spreadsheet software, making costing solutions much more like computer programming. The real issue is that the ABC cost reassignment is actually shaped as an arterial network, as shown in Figure 6 . The solution is either to have the organization's information systems department develop a custom costing system, or to use commercial ABC software products that have been designed as assignment networks and that include other ABC functionality. Part 2 of the Three parts Currently Available from Gary Cokins on the Web When ABC implementation projects fall short of an organization’s expectations, it rarely has anything to do with the ABC methodology or technology that now supports ABC. Many failures result from misconceptions by the ABC project team. Regardless of the problem, however, almost all of the potential pitfalls must be considered and addressed Knowledge Management Solutions, Inc. January 2001 23 DRAFT (Not all Hyperlinks are Active) to achieve the minimal threshold level for success where users can continue to reuse the data and request updates from period to period. Five areas expose an ABC project to the risk of failure: 1. 2. 3. 4. 5. ABC model structure design and architecture Selection and collection of driver data Implementation and data integration Getting management and employee support Applying the data to decision making These five categories of risk must be addressed in a balanced way. That is, it is more important to pay some attention to all areas than to overemphasize one or two while ignoring the others. This article is part two of a five part series and will address the second category of risk, selection and collection of driver and cost object data data. Problems Related to the Selection and Collection of Driver and Cost Object Data In a short phrase, poor ABC model design will lead to poor results. Since there are so many other behavioral change management obstacles to be overcome with ABC, having a sub-par model design, with poor or excessively costly driver data to collect, makes the task of overcoming organizational resistance to change only that more difficult. Reusing General Ledger Descriptions It is a misconception to believe that many of the activity descriptions in the activity dictionary, such as “maintenance costs,” can be easily applied to ABC using the identical descriptions that already appear in the general ledger chart of accounts. The wording in the general ledger (or fund accounting system for public sector organizations) is alien, confusing, and unfamiliar to most employees and managers. This language is outside their comfort zones. The best way to define activities is to use the grammar convention of an “action verbadjective-noun.” For example, in the maintenance department example above, activities could be worded as “repair broken equipment” or “perform preventive maintenance.” ABC has immeasurably more impact if employees and managers can relate to what activity costs really mean. Activities should be expressed in words that help employees to visualize people or machines doing the work. For example, the activity “invoicing” is hardly as effective as “computing and generating customer bills.” People relate much better to this kind of language; there is a greater feeling that they can effect changes to the work. Also, it is much easier to score or grade ABC's attributes when activities are expressed in words with action verbs and nouns. Knowledge Management Solutions, Inc. January 2001 24 DRAFT (Not all Hyperlinks are Active) Choosing Activity Drivers Activity drivers should reflect the definition in the CAM-I Dictionary of Terms: “[A]n activity driver measures the frequency, intensity or quantity that drives the time and cost of an activity.” In other words, an activity driver should be a measure that is nearly identical to the measures of the output of the activity or business process it is part of. Cost drivers and activity drivers serve different purposes. Activity drivers are output measures that reflect the usage of each work activity, and they must be quantitatively measurable. An activity driver, which relates a work activity to cost objects, “meters-out” the work activity based on the unique diversity and variation of the cost objects that are consuming the activity. It is often difficult to understand whether use of the term activity driver is related to a causal effect (input driver, such as “number of labor hours”) or to the output produced by an activity (output driver, such as “number of invoices processed” or “number of gallons produced”). In many cases, this is not a critical issue as long as the activity driver traces the relative proportion of the activity cost to its cost objects. Older, less effective terms, such as first and second stage driver, continue to be used to describe items similar to the currently more accepted terms “resource driver” and “activity driver”. A cost driver is a driver of a higher order than activity drivers. One cost driver can affect multiple activities. A cost driver need not be measurable but can simply be described as a triggering event. The term cost driver describes the larger scale causal event that influences the frequency, intensity, or magnitude of a workload, and therefore, influences the amount of work done that translates to the cost of the activities. As an example, a sales promotion can be a cost driver for substantial increases in the company’s work activities of the order fulfillment process. The amount of effort taking orders, for example segmented by teenagers versus senior citizens, would require an activity driver (i.e., number of orders placed due to promotion) to calculate the proportional costs to customers in each segment. There would be a unique activity driver for each work activity that belongs to the order fulfillment process. Using the familiar ABC/M cross diagram, Figure 1 illustrates how activity drivers have higher order cost drivers. The figure illustrates how activity drivers are lower order drivers of cost drivers. ABC/M relies on activity drivers for tracing costs, and collectively they are useful when combined with quality management (QM) problem solving tools for identifying root causes. For example, if an activity residing in an insurance company is “spot-check complex claims,” the activity cost driver should be the “number of complex claims spot-checked.” This way the average unit cost for each spot-checked complex claim can be trendreported over time, and more important, the particular client or customers that are associated with these kind of spot-checks can bear the burden of the extra cost for that Knowledge Management Solutions, Inc. January 2001 25 DRAFT (Not all Hyperlinks are Active) work. The activity cost can be metered out to its cost objects in proportion to the activity’s use. Clearly there is a higher-order cause that has led to the spot-checking, such as conflicting procedures; but understanding that connection should take place as part of the ABC activity analysis. Problem resolution, if warranted, should follow the activity analysis. One of the reasons that employees are trained in total quality management (TQM) analytical techniques, like Taguchi methods and fishbone diagrams, is so they can apply their learning to the use of facts and measures. TQM training explains cause-andeffect relationships; that is, costs fundamentally are measures of effects. Employees must master the inferences that can be gained by understanding the first-order activity cost drivers (i.e., output drivers) even though they may have to test their hypothesis using second- and third-order inferences. Activity drivers should be closer to the symptom than to the root cause. When ABC models are constructed this way, the calculated final cost objects are more accurate, and there are less expectations that the ABC system is going to be the magic pill that provides all of the answers. An organization should consider many factors in addition to costs (and profits) as it assesses what are better ways to improve performance. Figure 2 shows a staircase for how raw data is converted into managerial information and used for decision making and taking actions. A good question is where is the epicenter and most central location for where the ABC/M data is on that staircase of data progression into actions? Figure 2 shows a reasonable answer. The ABC/M data only provides findings and observations. From this, the organization can discover more things that it never knew and ask more questions and test hypotheses. Perhaps it may need to collect additional or more granular ABC/M data to answer those questions, but the key point is that the ABC/M data is serving as a stimulant to get people thinking about what options the organization might take. Later on, and further up the staircase, ABC/M data can also be used to test or compare the outcomes of the alternative actions, but ABC/M data is initially used to aid in learning through discovery. The message here is that although making good decisions is an ultimate goal, the ABC/M data is strictly an enabler to be combined with other factors to attain that goal. Managers must understand what the ABC reports, findings, and observations mean and analysts must use the ABC data to test hypotheses and eventually reach conclusions as shown in Figure 2. Only then should alternative options be formulated. Keeping the Final Cost Objects Simple Knowledge Management Solutions, Inc. January 2001 26 DRAFT (Not all Hyperlinks are Active) The trickiest part of designing an ABC cost-flow assignment network is in the final cost object module. All activity costs should ultimately reside in the two places where they actually originate: 1. Customers or prospects and service-recipients 2. Business-sustaining cost receivers There can be an entire chain of final cost objects that precedes the customers and service-recipients. That is, the customers and service-recipients consume final cost objects, such as products or service-lines, that have also already consumed activity costs. Figure 3 illustrates the ABC/M cost assignment network. Focus on the bottom module, the final cost objects. Note how various final cost objects consume the other final cost objects. The metaphor for this cost consumption chain is the “predator food chain” of the animal kingdom where large mammals eat small mammals and small mammals eat plants. The left-most final cost object represents the model’s suppliers. The unique work activity costs caused by one’s suppliers, such as processing their purchase orders or negotiating deals, are attributed to those products that are purchased. The National Association of Purchasing Management (NAPM) refers to this as the “total cost of ownership (TCO).” This means the invoice price of the purchase does not reflect the entire cost of procuring that product. As an example, just think about the differences between technically sophisticated suppliers who use EDI, e-commerce, and bar-coding in contrast to archaic suppliers who use error-causing faxes. Which type of supplier causes more of a company’s workload and costs – apart from the direct material purchase cost? Suppliers cause their customers different workloads independent of volume. The final-final cost object, which in Figure 3 is the customer, ultimately consumes all of the other final cost object costs, except for the business sustaining costs. In effect, what ABC/M does, as modeled in the cost assignment network, is reflect how the variation and diversity of cost objects segment activity costs that have drawn on resource expenses. As an example, if one is determining the various costs on a military base of providing civilian and military services, the final cost object is all of the soldiers. The soldiers are the reason the cost structure exists. Some soldiers will be low-cost and others highcost, some soldiers sleep in old high-maintenance barracks, some are trained for army tanks, which in turn require cost maintenance and parts. The possibilities for identifying examples of diversity are endless, but that is the challenge for the ABC model designers, who need to identify enough of the right kinds of diversity to make the model's size manageable yet still relevant for decision making. In other words, the work activity costs must first be traced via causality to the person or item causing the activity cost to fluctuate, such as an army barracks. After all the activity costs are assigned to Knowledge Management Solutions, Inc. January 2001 27 DRAFT (Not all Hyperlinks are Active) their final cost objects, then the cost objects themselves should be logically attributed to whatever is consuming them. If there are substantial costs and sufficient diversity in another type of cost object, for example the type of customer order (standard orders, specials, adjusted, international, etc.), then the “order type” can qualify as its own separate and visible final cost object. Another example might be the type of freight-haul trip, such as truck, marine or rail or as less-than-truck load (LTL) versus full truckload. This type of final cost object would serve as an intermediate repository to capture diversity of the type of work output. After activity costs are traced into all of these final cost objects, then those costs are further re-traced to the customers based on the mix of order-types consumed by each customer. Hence, “All customers are not created equal.” ABC/M equitably traced all the costs based on unique usage by its downstream final cost object. Figure 4 displays three potential cost object types that could be isolated and assigned to as an intermediate destination for activity cost accumulation prior to being re-assigned to customers. Note that without individual final cost object “types” being isolated, the activity costs that trace into them would have been directly assigned to customers from the same activity costs. The factor or basis (i.e., activity driver) would not likely be reflective of the activity’s use; in fact, the activity would likely be pooled with other activities and therefore be traced with the activity driver chosen to trace the more prominent activity cost. Improved accuracy comes from establishing an individual final cost object and thus isolating each of them. Then, using a two-step cost assignment method, the activity costs trace the workload to this type of cost object, and then the customer is shown to be “purchasing” and consuming the output. The second of the cost assignments are referred to using ABC/M lingo as cost object drivers (the term “activity driver” is no longer applicable as the work activity cost was already accumulated in the final cost object.) For advanced ABC/M users, they may wish to view product profitability including customer costs (e.g., to determine and publish prices in their price list catalog). Today’s advanced ABC/M software allows multidimensional views of various combinations of cost objects. With multidimensionality, a two-way bi-directional linkage replaces the sequence of the predator food chain. Other dimensions can include geographical sales territories, store locations, or specific salespeople. Multidimensionality is made possible by computer technology called on line analytical processing (OLAP). In summary, calculating costs with ABC/M allows re-assembly and assignment-tracing for all the work activity costs to reflect how each customer, channel and market segment consume the costs. Knowledge Management Solutions, Inc. January 2001 28 DRAFT (Not all Hyperlinks are Active) Approach to Full Absorption Costing Managers often assume that eventually all costs must be fully recovered by service lines, including customer or service-recipient related costs, distribution and warehousing costs, selling costs, and all of the general overhead costs. Two issues arise from this assumption. The first is whether standard service lines consume customers or vice versa. The second concerns the traditional debates about full absorption costing (the full cost recovery concept). Many managers are accustomed to financial information that traditionally reports product and service line costs. They are so familiar with this reporting format that their minds are programmed to believe that the products and service lines are somehow responsible for all of the work activities, including those such as making sales calls or responding to expedited requests. However, these activity costs are somewhat independent of the standard service line. In reality, each customer is consuming its own unique mix of services (which have their own costs), and those costs can then be combined via ABC with the unique costs-to-serve for each customer. Figure 5 contrasts a traditional profit and loss statement with one produced for an ABC system. It reveals that ABC profit margin contributions are layered like an onion skin. Price covers all of the costs, but the sequence can be layered to allow for comparisons of profit contributions at each layer. Unprofitable customers can purchase some profitable and products and standard service lines. Likewise, profitable customers can be purchasing some unprofitable products and standard service lines. Profitability analysis, which may suggest what actions to take, requires additional thought because of this product/service line and customer profit duality. One solution is to provide ABC users with multidimensional analysis tools so they can examine their profit cube from a variety of angles, including additional dimensions (e.g., by salesperson or by geographic region). Commercial software products that perform this analysis are called on-line analytical processors or OLAPs. Fundamentally, however, it is the customers that consume the products and standard service lines and not the other way around. Major portions of accounting and business textbooks are devoted to the subject of full absorption costing. What ABC lends to this discussion is the ability to gather together and summarize as a memo item (i.e., does not affect the costing) all of the activity costs that are not caused by products, standard service lines, or customers. This includes even the activity costs of the support work activities not directly required by their downstream consuming activities. All activity costs are collectively gathered into the broad final cost object category called “business or organizational sustaining.” With traditional costing, which is usually done at the departmental level, many of these costs are “baked” into the allocation schemes and in effect are inadvertently loaded into the products, standard service lines, and customers, even though those costs are actually caused by someone else. Examples of business sustaining cost objects are: Knowledge Management Solutions, Inc. January 2001 29 DRAFT (Not all Hyperlinks are Active) • • • Senior management asking for reports and budgets, The business itself, by requiring landscaping and grass-cutting, or Government agencies, such as the EPA requiring certain testing activities or the IRS causing tax filing work. When all these costs are totaled, organizational sustaining costs can amount to a substantial part of the enterprise's non-sunk costs. For example, when 40 percent of an enterprise's total non-sunk costs (sunk costs, such as equipment depreciation, are a different kind of issue) are not caused by products, standard service lines, or customers, then management eventually has to ask itself, “How long can we afford this?” and “If our competitors have a smaller percentage of these same costs than us, won't this eventually provide them an advantage?” Resource and Activity Driver Data Organizations should not use resource and activity driver data simply because it exists and may be more readily available than other data. Driver data should be selected because they reflect a causal relationship. Resource drivers are time-based for salary-related expenses. Non-salary-related resource costs rely on volumetric driver assignments to activities. The selection of transaction-based (i.e., measurable) activity drivers should be tightly linked to materiality and skewness. By materiality, it is meant that collectively, they should account for a substantial amount of total activity costs. By skewness, it is meant that despite lower magnitude cost, for the products, service lines or customers that the activity is being traced to, determine whether the activity is significantly concentrated in just a few of those cost objects. ABC can generate dramatically more accurate costs compared to traditional cost allocation methods. There are, however, diminishing returns in incremental accuracy from adding each additional cost driver, and there are administrative costs as well to collect the driver data. It is important to always test whether the extra effort in data collection will result in much better and more accurate information than the company had before (without the extra data). Figure 6 illustrates that not all of the activity driver data must directly come from feeder systems. The vital few do, but the remainder can come from estimates from knowledgeable functional representatives. Remember that since ABC/M always normalizes driver quantities to sum to 100%, then the consequence of modest estimating error is not that severe. Some cost objects are only slightly over-costed while the remainder are under-costed. And then this error offsets as multiple activity driver costs combine. In general, one should not collect new any data that is not already being collected for some other purposes. Try not to give naysayers an excuse to criticize ABC/M as forcing Knowledge Management Solutions, Inc. January 2001 30 DRAFT (Not all Hyperlinks are Active) new data to be collected; re-use existing data. In addition, always apply ABC/M’s important test question, “Is the climb worth the view?” Common Pitfalls for ABC Initiatives (And How to Avoid Them), Part 3 This article is the third in a five-part series dealing with the most common mistakes organizations make when undertaking activity-based costing projects. When ABC implementation projects fall short of an organization’s expectations, it rarely has anything to do with the ABC methodology or technology that now supports ABC. Many failures result from misconceptions by the ABC project team. Regardless of the problem, however, almost all of the potential pitfalls must be considered and addressed to achieve the minimal threshold level for success where users can continue to reuse the data and request updates from period to period. Five areas expose an ABC project to the risk of failure: 1. 2. 3. 4. 5. ABC model structure design and architecture Selection and collection of driver data Implementation and data integration Getting management and employee support Applying the data to decision making These five categories of risk must be addressed in a balanced way. That is, it is more important to pay some attention to all areas than to overemphasize one or two while ignoring the others. This article is part three of a five part series and will address the third category of risk, implementation and data integration. Problems Related to Implementation and Data Integration A good ABC/M cost assignment structure and good cost driver selection is not enough to assure success. Even if you have built the most elegant, properly-leveled and rightsized ABC/M model, it provides little insurance that there will be widespread acceptance and use of the ABC/M data. As Robin Cooper, one of the early luminaries in ABC/M, would frequently say, do not have a “Field of Dreams” ABC/M project. He was referring to the popular movie about baseball where a voice from the sky bellowed, “If you build it, they will come.” In the movie the they referred to deceased players of a 1919 baseball team, the Chicago “Black” Sox, who were famous for their past behavior. With ABC/M, the they is the targeted end-users of the ABC/M data. With ABC/M, although you may build a very elegant model, managers and employees may still say “So what?” after they receive the data! In short, there is a lot more to being successful than simply properly designing and constructing a practical ABC/M model. The issues related to implementation and data Knowledge Management Solutions, Inc. January 2001 31 DRAFT (Not all Hyperlinks are Active) integration deal with the misconceptions that ABC/M project teams frequently have when they are beginning their implementations. Implementation and data integration issues address areas such as selecting the right ABC/M pilot or testing place, expanding the ABC/M model, and linking the ABC/M model to data from feeder systems that are used. [1] Does ABC/M Mean You Must Maintain Two Sets of Accounting Books? A commonly expressed fear is that since an ABC/M system is initially constructed as a standalone and one-off accounting system parallel to the official financial reporting system, then this will make for double the work. It is not a serious problem. Here is why. Some organizations can get stymied when their environment has a project accounting system, and/or a standard cost system, and/or a job cost accounting system. Where does the ABC/M system fit in? Does it replace any or all of the others? Before jumping into the discussion to determine which cost accounting approach makes the most sense, it is probably good to step back a bit and ask a more fundamental question. Aren’t all of these accounting approaches basically transforming expenses into calculated costs? By definition, expenses are what an organization incurs when they exchange their money with suppliers, including employees. When these expenses are traced and assigned into activity costs or further into product-related or service-linerelated costs, then some assumed factors or measures were used to calculate those costs. The assignment of expenses into costs is formally referred to as absorption accounting. It is simple and straightforward to assign direct expenses, such as material that is dedicated to a specific product. The controversies and difficult assignments are with indirect expenses. That is where ABC/M has become a popular refinement of traditional absorption accounting. ABC/M’s power lies less in its use as an operating control tool (e.g., variance reporting), but rather more in its use in assessing what things actually cost, without misleading allocations. (More recently, ABC/M is becoming popular with “predictive planning” such as activity-based budgeting.) In order to determine what are the true costs of outputs, products, standard services and customers, one can use an overarching cost framework to visualize the ultimate goal of an enterprise-wide direct costing. Figure 3.1 illustrates the four individual cost assignment approaches that were referred to above. The selection of which costing approach an organization should use depends on the following conditions: Knowledge Management Solutions, Inc. January 2001 32 DRAFT (Not all Hyperlinks are Active) • If there is some project work occurring, you clearly would use project accounting. Project accounting (also called job order costing) can be superior to ABC/M because it assigns the portion of work that is non-recurring and attaches it to the planned work-step in the project schedule. ABC/M takes over for all of the remaining recurring and repetitive work. ABC/M relies on the resource and activity drivers plus the cost assignment network structure to trace resource expense into costs. • If a pre-existing standard cost system is in place for direct costs, such as material and repetitive labor (e.g., a bank teller, a machine operator), then these costs get combined with ABC/M’s treatment of all the remaining non-direct costs. (ABC/M has been referred to as a refined standard cost system. The refinement is that with ABC/M, the standards or rates are frequently revised for each time period that the model is refreshed.) The consequence of not fully recognizing that multiple approaches of costing can and should be blended and harmonized, as opposed to having to compete amongst each other, means that end-users and decision-makers are denied a seamless representation and image of their organization’s cost structure and economic behavior. This denial puts the organization at risk because poor decisions may result. [2] Scaleable ABC/M Models Many first-timers to ABC/M believe that an ABC/M model must be designed very detailed, deep, and wide so the results can be summarized in case any user eventually ever needs an answer to any of their remote requests. Many ABC/M project teams do not even consider calculating costs at any level other than at the lowest and most detailed. When those teams decide that in the initial stages they should restrict their calculated costs for only product families and/or service line, they are not really clear about what will happen to the ABC/M model’s structure as they expand it and drive to lower levels of detail. The simple answer is nothing will happen. ABC/M costing is “renormalizable” – that is, it holds and maintains its proportions as it size inflates. The summary costs do not greatly shift; only the detail gets for more finely segmented as both the activities and cost objects are disaggregated. There is one exception however. As the activity costs themselves are disaggregated further and deeper, some of the work activities are no longer linked with a cause-and-effect relationship to the products, standard service-lines and customers, which are the primary reason and organization exists. Increasingly more activities and their costs are traced to the business-sustaining activities. For example, consider the work activity, developing and reviewing the annual budget. This work is not directly caused by products, standard services or customers. The primary driver is senior management and their policy of controlling spending by using an annual budget. Senior management is the recipient of budgets and hence the cause of Knowledge Management Solutions, Inc. January 2001 33 DRAFT (Not all Hyperlinks are Active) that cost. In organizations that do not produce or use budgets, employees spend zero time and activity costs on budgeting, but the effort to make products and service customers is unaffected. The implication here is that as one further disaggregates the activity dictionary, work activity costs shift away from customers and towards the business-sustaining cost objects. This means that products, service-lines, and customers are somewhat overcosted with a higher level activity dictionary, and conversely business-sustaining costs are under-costed. However this shifting rapidly settles out as the ABC/M model is scaled-up and expanded. [3] ABC/M is Not a Mudslide of Data Collection People who are unfamiliar with how ABC/M actually works have a false impression that it takes forever and a day to collect the ABC/M data, and it is a cumbersome exercise. Worse yet, they believe all of their imagined mountain of data is absolutely required in order to have accuracy. They are in for a surprise. It is counter-intuitive, but precision input data is not a pre-requisite for accurate outputs. The ABC/M assignment network can tolerate and, in fact, is somewhat resilient to estimating errors. Because error dampens out through offsets and does not compound, ABC/M allows for dramatic reductions in the data collection effort, which reduces administrative cost. It is true that the level of detail and accuracy depends on what decisions the organization is going to make with the data. However, many decisions can tolerate a predetermined acceptable plus-or-minus percentage of error. ABC/M rapid prototyping, now heralded as a superior method to successfully implement ABC/M, leverages the properties described here. The following are three key areas that involve data collection: 1. The financial data is rarely an issue with regard to accuracy because the source information is usually directly transferred from the organization’s general ledger accounting system. These are the general ledger’s chart-of-account expense balances. Occasionally alternative but similar data sources, such as payroll spending, are used. But these too are usually very exact. 2. The resource cost driver data falls into two broad groups: wages plus fringe benefit related expenses and non-wage related expenses. Freed from requiring excessive precision, ABC/M can use a much smaller group of reasonably informed employees to serve as “functional representatives” to estimate the labor time-effort (in hours or percentages) for all of the organization’s employees. Tracing non-wage expenses is considerably easier after the work activities dictionary has been defined and leveled. This is because non-wage related expenses tend to follow or accompany the work, such as sales travel goes along Knowledge Management Solutions, Inc. January 2001 34 DRAFT (Not all Hyperlinks are Active) with the wage related work activity, “visit customer locations.” The same “functional representatives” can reasonably assign these splits too. 3. The activity driver cost data are not needed for all the drivers, but only the vital few. Those vital few are characterized by the activity drivers that: (1) comprise a substantial portion of the spending (the 80/20 rule), (2) have pronounced skewing towards concentrations of the cost objects (because a small amount could make a big impact to those particular cost objects), and (3) experience volatility from period to period in the amount of the driver cost consumed amongst its cost objects. For those activity cost drivers not falling into these three criteria, which could be the 80 percent from the 80/20 rule, the ABC/M project team can again select employees who can estimate the driver magnitudes from their memory without requiring hard data from feeder systems or manual logs. These employees can estimate the quantities of the cost drivers, such as the number of customer sales visits and split that quantity amongst customers, or simply use percentages. With ABC/M, the quantities are always normalized into percentages for the cost re-assignment. Quantities, actual or estimated, are useful for calculating unit-of-work output costs, such as the cost per each sales visit, which can be trended over time to determine if they are headed in a favorable or unfavorable direction. Figure 3.2 shows that it is not necessary to collect transaction-based driver data for every cost assignment in the ABC/M model. In fact, it is quite the other extreme. As long as a vital few measured drivers are imported from operating systems, based on a combination of materiality and the diversity-skewness of their cost objects, then the remaining cost driver assignments can simply be input as estimates by key employees who are familiar with that portion of the ABC/M model is mirroring the organization. These estimates can also be in the form of surrogates, which may be easier to measure than the underlying driver data, but they will still directionally parallel the driver. A key rule is to stay away from using traditional allocations where there is little or no causeand-effect relationship. After gaining experience by performing sensitivity analysis with regard to error on the existing ABC/M model, one can determine which employee-estimated driver quantities become the best candidates to become the next transaction-fed driver. This approach of data collection is in stark contrast to those who want to collect any and all driver data just because it exists rather than because it is relevant or adds appreciably greater accuracy relative to the higher costs to collect that data. The implications from knowing the properties of ABC/M models with regard to error and accuracy can be critical. Equipped with these understandings, one does not have to initially define and construct a massively large ABC/M system. Since ABC/M models are scaleable, increases in detail will not introduce any significant distortion. The implication is that one can quickly build an ABC/M model with activities and product, service-line or customer families at a more aggregated level. Much of the input data can come more Knowledge Management Solutions, Inc. January 2001 35 DRAFT (Not all Hyperlinks are Active) from estimates from knowledgeable employees than from databases. The results will be a good first cut at calculating reasonably accurate costs. Given this ABC/M model, it is now substantially easier to modify by iterations and adjust the successive ABC/M models based on the relevance to the uses of the data and the accuracy requirements of those uses. ABC/M’s substantially improved accuracy relative to traditional approaches actually resides more in the cost assignment network than in the cost driver quantities. That is, the reason the products, standard services and customer costs from ABC/M are so reasonably accurate has less to do with their input data than with the architecture of the cost flow paths comprising the network. Why? In the network, the activities are being directly costed only to those (also more granular) cost objects that are consuming them, and not to those which are not. The assignment paths themselves are more important than the data. [4] Choosing the Location for the ABC/M Rapid Prototype or Pilot Some ABC/M project managers (or their senior executives) believe they should start with the highest impact area to pilot ABC/M, and really show management good results. Some take the opposite extreme and believe they should start in a fairly simple area so you don’t mess up the ABC/M implementation. The best starting point for an ABC/M pilot may be somewhere in-between. A variant of the ABC/M pilot question is, “Should we start with only a few departments or go all the way to a tops-down enterprise-wide view of our cost structure?” There are two separate dimensions to consider the ramifications when selecting an ABC/M pilot: • • Scope: (1) enterprise-wide (tops down, entire organization) vs. (2) a departmental project Duration: (1) rapid (completed in days) vs. (2) lengthy (performed over four to six months) The experiences and results for each combination are different. Organizations that are just starting out with ABC/M should begin their first five to ten days differently than with the lengthy traditional multi-month ABC/M work plan. After experiencing rapid ABC/M model development (using the ABC/M rapid prototyping method), the ABC/M project team can then follow a traditional plan if they choose to, even if that requires doing an ABC/M pilot. Increasingly, however, more consulting firms who assist in ABC/M implementations advocate starting an ABC/M roll-out with an approach that is stealth-like and noninvasive to employees, as opposed to a formally announced "banners-and-bugles" approach. A risk from the latter approach is it can create false expectations by employees that then create obstacles later. The organization should start by exposing a relatively small number of employees to ABC/M, but the exposure should be intense – Knowledge Management Solutions, Inc. January 2001 36 DRAFT (Not all Hyperlinks are Active) they learn by doing. ABC/M rapid prototyping is similar to immersion learning of a foreign language. The benefit is that the participants can then advocate ABC/M to their co-workers, while revising and customizing the ABC/M roll-out work plan based on their learning. [5] ABC/M’s Achilles Heel: The “Leveling” Problem “Leveling” is a major problem with ABC/M – that is, determining the right level of detail for work activities, products, standard service lines, channels and customers. Too often, ABC/M teams improperly build their first pilot too deep and too detailed without realizing it. They over-engineer it and thus do not get the results they expected. Traditional information systems development methods, that schedule the first few months to perform the "requirements definition phase," are not adequate for designing the ABC/M architecture because there is too much interplay between definitions, levels of detail, precision inputs and accurate outputs. As a result, an acceptable and perhaps more appropriate way to accelerate an ABC/M project team’s learning about ABC/M is to very quickly ( in days, not months ) build a high level ABC/M model of the entire organization (enterprise-wide) using commercial ABC/M modeling software, such as ABC Technologies market-leading Oros. You build it and then "adjust" it afterwards. Because ABC/M models are scaleable, the local ABC/M project team can then much better revise and modify the originally proposed work plan. The idea is for the team to make its mistakes up-front and early, when it is easier to change the ABC/M system, not later when it is more difficult. The objective of an ABC/M rapid prototyping pilot process is to help employees quickly gain a working knowledge of ABC/M. ABC/M rapid prototyping provides accelerated learning by rapidly immersing the ABC/M project team and a few key employees by using ABC/M. They will answer their own questions, possibly with assistance from an ABC/M management consultant or internal coach, based on their own real experience. The ultimate goal of an ABC/M rapid prototyping pilot is beyond demonstrating a “proof of ABC/M concept.” The exercise produces real results, including hard data, that can be acted upon. The ABC/M project team can subsequently and promptly follow the ABC/M rapid prototype model with iterative re-modeling; the ABC/M model’s shape remains constant, but the model expands to greater depth, granularity and accuracy. This “practice round” ABC/M rapid prototype pilot requires only about three days. The ABC/M rapid prototype model’s data will repeatedly be replaced with higher-grade data, but the model’s shape, geometry and cost drivers will remain reasonably solid and relatively constant. The next phase of ABC/M rapid prototyping is repeating the prototype model while maintaining the same constant scope, amount of money, and headcount included in the original model. This next round of modeling should expand on the original model in Knowledge Management Solutions, Inc. January 2001 37 DRAFT (Not all Hyperlinks are Active) terms of scale, detail, granularity and credibility. This next iteration involves collecting data from additional key employees acting as functional representatives for the entire operations. It is conceivable that the initial ABC/M rapid prototype model will attain sufficient accuracy as to answer immediate questions related to problems and issues of the organization. To the degree that it falls short, the ABC/M project team will be on their own capable of refining the model until it is sufficiently accurate. Some people have a misconception that ABC/M can only work well if the data is fully integrated, such as with an ERP system. They believe that ABC/M is cumbersome if it is interfaced from disconnected systems.” As illustrated in Figure 3.3 , one way to view the information processing space is to consider three layers of technology as follows: • • • Reporting – The distribution tools (to the desktop) include on-line analytical processing (OLAP) tools, data warehouses, and data mining. Analytical – The “solution set” tools include shareholder value analysis (SVA), performance measure weighted scorecards, activity based cost management (ABC/M), and process modeling and simulation. Transaction-Based – The mega-transaction engines of operational, ERP, and financial ledger systems that are feeders to the middle layer. ABC/M is located in the middle layer that is formally referred to as “analytical applications” by information technologists. By definition, analytical applications transform or draw on summary data from the transaction-intensive operational systems. Analytical applications, such as ABC/M, are separate and apart from the transactional systems. ABC/M’s popularity is partly due to problems with using the General and Fund Accounting data for decision-making. The Fund Accounting and General Ledger’s chartof-account scheme is now recognized as being structurally deficient for cost analysis (other than for historical spending control against budget or fund account) because the account balances do not reflect the variability of costs with activities. ABC/M’s chart of activities, a listing of work activities worded in verb-adjective-noun grammar, resolves that deficiency. The transaction and large volume software vendors, such as the enterprise-wide planning (ERP) vendors, design and wire their software code for speed. As a result, their core competency has not been providing the middle summary layer so critical to reporting and analysis. The top layer – the on-line analytical processing (OLAP) tools – are mainly viewing tools. The heavy lifting and data transformation is done with the analytical applications. The OLAP tools provide the flexibility to display the data in multiple ways. The output of ABC/M is excellent input to OLAP tools. Knowledge Management Solutions, Inc. January 2001 38 DRAFT (Not all Hyperlinks are Active) [7] The Level of Manpower to Implement ABC/M Some people havea misconception that ABC/M is a huge system, deserving a huge effort, which means a huge project team and budget to go with it. In practice, the administrative costs of maintaining an ABC/M system can be dramatically lightened by following the ABC/M modeling principles. Most organizations perceive ABC/M a major undertaking; and even after the organization is fairly far along with their ABC/M, they still do not realize how unnecessarily deep and detailed they have gotten. ABC/M does not require a huge project team or budget. Parts 4 and 5 of this article are not yet published on the Web. Ref: www.bettermanagement.com Knowledge Management Solutions, Inc. January 2001 39 DRAFT (Not all Hyperlinks are Active) Examples and Applications 1.0 Activity-Based Costing--Getting to the Root of Cost Drivers in the Warehouse from Distribution Center Management, October 1997 By using Activity-Based Costing, distribution managers can identify unprofitable warehouse practices, eliminate them, and implement process improvements in their facilities. ABC may seem like a fairly new concept, but it's not, according to Don Rice, professor emeritus, Industrial Distribution Management at Texas A&M. Unlike typical costaccounting methods used by most companies, ABC identifies all the cost drivers, or the activities involved in carrying a product and selling it to a customer. These activities can include: generating a purchase order, creating special kitted orders, etc. "ABC is very work-centric, whereas a company's general ledger is very transactioncentric," further explains Gary Cokins, Director of Industry Relations for ABC Technologies Inc. (ABC Technologies, based in Beaverton, OR, is a provider of activitybased information systems.) Cokins notes that "although both have their place, general ledger data is too raw to be considered business intelligence for decision support. But ABC does more than just translating the ledger account expenses into their work activities. It links the activities into networks to cost out items for analysis, trade-offs and decisions." Rice observes that while companies are often willing to provide their customers with many services, they remain unaware of the actual costs involved. For example, accepting returned items can impact an entire organization's bottomline, from warehousing to billing. Yet, it may go unfactored into the pricing of a product for a customer who returns product frequently. ABC can address such issues as: which products and product lines are creating profit; which parts of the company's operations are effectively contributing to the customer's perception of value; how indirect labor and overhead costs relate to product costs; and if customized products are paying off. Cokins adds that businesses, like the Coca Cola Company and Allied Signal Corporation, "have been performing ABC for many years." These companies are "advanced, mature ABC users," interested in two goals: a. institutionalizing ABC companywide into a permanent, repeatable and reliable production system; and b. establishing the ABC output data to serve as an enabler to their ongoing improvement programs, like Total Quality Management, change management, cycle time compression, core competency, business process reengineering, product rationalization, target costing, and channel/customer profitability. Knowledge Management Solutions, Inc. January 2001 40 DRAFT (Not all Hyperlinks are Active) The Framework of ABC Basically, the framework of ABC – or looking at what things actually cost – can be broken down into three areas. 1. The resource drivers, which includes the resources and the resource cost assignment. 2. The management of activities, which means reviewing the actual individual activities by themselves. 3. Looking at the activity cost drivers, which includes assessing individual activity cost assignments and the cost objectives (or outputs). "Activity cost drivers will have their own higher order drivers," says Cokins. "That sparks root-cause analysis." Since the activity cost drivers for ABC costing are output-based, the quantity of drivers can change over time, he warns. "ABC can either historically report the trend in terms of per-unit cost of work rates of the activity outputs and ultimately of the products. Or, it can provide the per-unit rates for use in predictive planning and what-if scenarios, which are popular uses of ABC data." The Cost Connection How does a company, and a warehouse facility, prepare for looking at the cost factors in an ABC assessment? Paul Larsen, ISP, product costing, Michael Foods Inc., a food processing and distribution company based in Minneapolis, MN recommends these steps: • • • • • • • assess the facility; establish relevant cost centers; identify activities, resources and drivers; lay out the schematic/model; collect data and rules; design the model to fit the new cost centers; then validate the model and the information. How do you know if your ABC program is on target? Larsen, who has experience developing these programs, says you need to ask yourself: 1. 2. 3. 4. 5. Does it support the company's strategy and vision? Does it really identify customer costs? Can we use it for benchmarking externally? Does it support our decision-making process for what-if scenarios? Does it include performance measurements? Knowledge Management Solutions, Inc. January 2001 41 DRAFT (Not all Hyperlinks are Active) © 1997 Alexander Communications Group, Inc. Reprinted with permission of the publisher located at 215 Park Avenue South – Suite 1301, New York, NY 10003. Telephone (212) 228-0246. Knowledge Management Solutions, Inc. January 2001 42 DRAFT (Not all Hyperlinks are Active) 2.0 Beyond Theory: The Practice Of Defining Activities by Alan J. Stratton, Stratton Associates In theory, there is no difference between theory and practice. In practice, there is. The central concept in activity-based cost/management is that of an activity. Yet, there's very little published guidance on what constitutes an activity. According to the ABC Glossary published by CAM-I (Consortium for Advanced Manufacturing International), an activity is: 1. Work performed within an organization; 2. The aggregations of actions performed within an organization that are useful for activity-based costing purposes. This definition is so general that it is of little assistance to modelers. Consequently, modelers have difficulty with activity definition issues that come up in the modeling process. For example, it is easy for modelers to confuse activities with processes. Some modelers puzzle over people activities versus equipment and facility activities. Speakers at trade shows and conventions further confuse novices by talking about "top-down" or "bottom-up" activity definition and about the number of activities in their models without communicating the strategy governing their model requirements. Modelers also frequently define separate activities that are, in reality, part of a more useful activity. This article examines these issues and offers practical guidance on defining appropriate activities for your ABC system. Process and Activity Recently, many organizations have progressed toward managing by processes or making significant improvements with process re-engineering. While process orientation is to be encouraged, many people have confused processes with activities in their ABC models. Understanding the difference between activities and processes is key to relating them to each other in useful models. Processes consist of several activities directed to common outcomes or objectives. Performance measures such as cost, quality, and cycle time are valuable in measuring processes. Several different functional organizations may perform the activities that make up individual processes. Sometimes, an ABC model calculates a cost per unit of output for the process. This unit cost is an average cost of each output. It is useful for many performance measures but is inadequate for cost object costing. An activity is more detailed than a process. Each activity is made up of a set of more detailed tasks. An activity is the lowest unit that is costed in a typical ABC model. Each Knowledge Management Solutions, Inc. January 2001 43 DRAFT (Not all Hyperlinks are Active) activity in a process may have its own activity driver to measure how cost objects consume it. Potentially having its own activity driver enables the model to recognize consumption differences from one activity to another in a process rather than averaging consumption as in the process unit cost. Tasks are the detail steps involved in performing an activity. Their value is mostly in understanding what makes up an activity. Incorporating tasks into the ABC model results in a very large model but does not yield significantly better information. Process Costing In models where costed processes are an objective, modelers are tempted to assign resources directly to processes. Later, when they publish their results to department managers, however, the managers can't relate to the results nor can they take action. Why? Managers are accustomed to seeing their own departments' costs. With their costs co-mingled with other departments in the processes, they don't know what portion of the cost they own. In the end, they neither take ownership nor put the information to its intended use ( see Figure 1). A better model design (see Figure 2) recognizes the present functional organizational realities and difficulties. These realities and difficulties are addressed in a model that: 1. Creates centers for each department 2. Identifies activities within each department center 3. Maps department activities to processes with attributes Now, the model has the best of both worlds: the ultimate process view and the present departmental activity view. Meanwhile, department managers have the opportunity to manage their own activities as well as participate in cross-functional process improvements. This model design also preserves departmental detail for good cost object costing. People Versus Equipment and Facility Activities According to the first sentence of the CAM-I definition, an activity represents "work performed within an organization." Who or what within the organization performs this work? An organization is a system of employees, equipment, facilities, vendors, subcontractors, and so on. Very often, an ABC model focuses on the work that employees do because these activities are the most easily identified. Then all resources from equipment, facilities, vendors, and subcontractors are assigned to these people activities. Where these other resources are significant to the organization, this modeling method force-fits the activities and may distort the results. Equipment It has been said that before machines became machines, they were people. People once performed almost all work now performed by machines. Where equipment is a significant organizational resource, the ABC analysis should ask what activities Knowledge Management Solutions, Inc. January 2001 44 DRAFT (Not all Hyperlinks are Active) machines perform in an activity center. In the analysis, it may turn out that people are incidental to the equipment. In this extreme case, the ABC model would not have people activities for this activity center. For example, in a recent ABC analysis of a chemical process, the operators' prime responsibilities were to monitor the equipment status and occasionally adjust the machines via a computer keyboard. Most of the operators' time was spent watching the computer monitor. In this case the ABC model assigned the people resource to the equipment activities rather than to a people activity. On the other hand, if the machines are incidental to the work the people are doing or the machines are tools people use to do people work, no separate activity may be necessary. For example, many office functions now require a personal computer. Employees use computers to prepare reports, analyses, letters, and so on. Generally, when the employees take a break, the computers also take one. In this case, the machine is simply a tool the employees use to do their work. No unique equipment activities would make sense in this activity center. Facilities Most often facilities are areas housing people or equipment. In this case, the facility is a resource to the people or equipment activities. However, what about a warehouse? Does a warehouse perform significant activities other than the people or equipment activities? Aside from putting material into the warehouse, taking it out, and recording movement, the other most significant activity is sheltering materials or products. People and equipment resources would be only incidental to this sheltering activity. Vendors-Subcontractors Careful attention should be given to vendor and sub contractor resources. These resources represent significant activities that only differ in that the people performing the activity are not employed by the organization itself. Logistics functions may be subcontracted; Auditing is performed by outside auditors; Information Management may be outsourced. Where these are significant, appropriate activities should be identified. In the final analysis, activities should be defined with a broad view that includes equipment, facility, subcontractor, and vendor activities in addition to people activities. Top-down or Bottom-up Which is the best approach to defining activities? The top-down approach looks broadly at the organization's processes then decomposes them to some level of detail. On the other hand, the bottom- up approach looks first at the frontline operations then maps these activities to the business processes. Each approach has advantages and disadvantages (see Figure 3) . This makes the final choice dependent on the model objectives. In many cases, however, the approaches can be effectively merged to "have the cake and eat it too." Top-down Knowledge Management Solutions, Inc. January 2001 45 DRAFT (Not all Hyperlinks are Active) When activities are defined top-down, the model has fewer activities, and the activities are more broadly defined. Successful top-down modeling approaches start with an inventory of business processes and decompose them into sub processes and activities to achieve the appropriate level of detail. This approach is more appropriate if the primary purpose of the model is strategic information for upper management. Upper management can quickly and easily understand the limited set of activities, and there is not excessive detail. Middle and lower management levels, however, typically have more difficulty relating to the broad activities and find the information difficult to use for process improvement. If this approach is selected, an excellent starting point for adaptation is the Process Framework developed by the American Productivity & Quality Center and Arthur Andersen & Co., which is downloadable from www.apqc.org. Bottom-up When activities are defined bottom-up, the model has more activities, and the activities are more narrowly defined. Successful bottom-up modeling begins with interviewing managers and groups of employees to determine what work they do, as the basis for activity definition. This approach is more appropriate if the primary purpose of the model is operational information for process improvement by operating personnel. They can easily understand the activities because this is exactly what they do, and they helped define the activities. Because of the activity detail, more information is readily available for process improvement efforts. After activity definition, the activities should be mapped to the inventory of business processes to obtain process information. Typically there will be more activities and more detail than upper management generally finds useful for strategic direction. If unique activity drivers are selected for all activities, more time and expense may be required to trace activity costs to cost objects. Eating the Cake When model objectives require both strategic and operational information, a combination of these approaches is feasible and appropriate. In this case the model should: 1. Define the activities with operating personnel. 2. Map the detail activities to business (see Figure 4) . 3. Report only process summary information to upper management. 4. Report detail activity information to operations management. 5. Create additional summary activities that combine activities having similar activity drivers (see Figure 5) . These summary or macro activities are used to consolidate activities, and only the summary activities are traced to cost objects. This reduces the number of activity drivers and model size without impairing model accuracy. In addition, cost object bills of activities are more compact and understandable. While not replacing the detail activities these summary activities can eliminate excessive model detail. Knowledge Management Solutions, Inc. January 2001 46 DRAFT (Not all Hyperlinks are Active) Problem Activities Modelers also find some situations where significant time is spent difficult to model productively. For example, what activities does a supervisor do? Are attending a meeting or answering the telephone or sending email considered activities? Supervisors Most supervisors spend the majority of their time: • • • • • Scheduling Job coaching Disciplining and counseling employees Overseeing work </LI. Contributing as individuals to work Individual contributions may constitute activities in their own right. Successful models trace time involved in the tasks of scheduling, job coaching, and work oversight to the activities being performed by the employees supervised. Since these are considered tasks under the normal activities and easily traced, no additional activities are required. The one unique activity is that of disciplining and counseling. If it is a significant element, it should be separately defined and an appropriate activity driver identified. Meetings, Telephone, Email Time spent in meetings, answering the telephone and sending email is, one hopes, intended to accomplish some objective either for the sender or the recipient. A tool is not an activity by itself; it is only used to support other activities. It is very difficult to identify an appropriate activity driver if a tool is identified as an activity. If, however, the time spent attending meetings or otherwise communicating is traced to the activities for which the meeting was held or communication occurred, the time and cost follows this real activity. The only people for whom a meeting is a valid activity are full time meeting facilitators. Guidelines for Defining Activities When defining activities for an ABC model, successful modelers will: 1. Distinguish processes from activities while preserving departmental activity views. 2. Define special activities, when significant, for equipment, facilities, vendors, and subcontractors in addition to people activities. 3. Consider the purposes and uses of the model information in determining whether to define activities from the top-down or from the bottom-up or both. 4. Not define activities for time spent using a tool to perform another activity. Knowledge Management Solutions, Inc. January 2001 47 DRAFT (Not all Hyperlinks are Active) In the end, modelers ought to remember the Willie Sutton rule: Focus on the high cost activities. The rule is named after bank robber Willie Sutton, who was once asked, "Why did you rob banks?" He is reputed to have replied, "Because that's where the money is." Don't let your model get bogged down in unnecessary detail: it isn't where the money is. Alan Stratton CPA, CMA, is an independent consultant specializing in activity-based management implementation and software. He has been a significant contributor to the field of ABC/M for many years. He has led ABC/M implementations around the world and in many cultures. Alan is a Certified ABC Affiliate and works closely with ABC Technologies' Application Services. He is co-author of An ABC Manager's Primer, the leading introduction to ABC/ABM and co-author of Capacity Measurement & Improvement, addressing capacity management issues. Comments and suggestions are welcome. Please address them to the author at stratton_aj@compuserve.com. Knowledge Management Solutions, Inc. January 2001 48 DRAFT (Not all Hyperlinks are Active) 3.0 The fifteen defining characteristics of an ABC/M system (and without them, there is no way that a vendor can claim they do ABC/M) ABC/M Design And Architecture • • • • Stand-alone Yet Integrated Application ABC/M systems have sufficient functionality as to be most effective as a stand-alone system, apart from the data feeding subsystems. ABC/M systems work effectively as a "data mining" tool serving as an analytical application. (refer to IDC's position paper on ABC/M by Henry Morris.) Deficient ABC tools are imbedded in the traditional general ledger accounting system. In that location, ABC costs get commingled with traditional non-ABC/M ledger accounts and ultimately become dismissed by managers as another mysterious blackbox restricted to operating and use by cost accountants. Minimum Two-Stage Cost Assignment ABC/M systems reflect how cost objects use work activities and how resources supply those activities with costs. This requires two cost assignments. Deficient ABC tools allocate the expenses from the traditional accounting data and usually stop there. In some cases they may allow computing the unit cost of an activity's output, but cannot further relate that cost to each of the many unique cost objects consuming the activity; ABC/M does. Multi-stage Cost Assignment Network ABC/M systems re-assign costs through a cost assignment network. A two-stage assignment is the minimum. But most ABC/M designs are multi-stage because of: (1) activity-to-activity assignments, and (2) final cost object-to-final cost object assignments (e.g., products into customers). ABC/M segments the diversity and variation of resources consumed by diverse outputs, products, service lines, channels, customers, and cost receivers. Activity costs may be used directly by these cost objects or alternatively by other activities. Deficient ABC/M tools are restricted by clumsy columns-to-rows cost allocations. They are incapable of linking a source cost to two or more stages of destination costs. Those using spreadsheets, for example, to compute ABC/M often complain how quickly they "hit the wall." Flexible Modeling ABC/M systems allow for real-time re-configuring of the cost assignment pathway architecture, substitution of alternative driver measures, and immediate drill-down and analytical investigation of the data. Deficient ABC/M tools require lengthy intervals between when design changes are requested and when the programmers (often unfamiliar with Knowledge Management Solutions, Inc. January 2001 49 DRAFT (Not all Hyperlinks are Active) • the intent) can re-configure the parameters that will compute the new results. Consolidation ABC/M systems allow for multiple children-to-parent roll-up consolidations--with rules to monitor model design consistency. This allows for local managers to use ABC/M for managing, while their output data can be combined for enterprise-view purposes. Deficient ABC/M tools are stand-alone without capability of combining multiple low level ABC/M models into higher level summarized one. Using The Data From The ABC/M System • • • Contributed And Unitized Cost Elements ABC/M systems can display for each cost object the entire list of cost elements contributing to the cost object's total cost. In addition, the ABC/M system can accommodate volume or quantity measures to display the unitized cost (e.g., cost per processed invoice) for both the cost object and each of its constituents' cost contributions (frequently from the work activities). Deficient ABC/M systems often do not even provide for any cost reassignments beyond the activity costs--therefore they have no cost objects and cannot provide any visibility to the cost elements, total or unitized, that comprise a cost object. Reverse Cost Flowing/What-if Scenario Analysis An ABC/M system can reverse the flow of costs to reflect incremental changes in the quantity, mix, frequency, and intensity of drivers. These changes can be for planned, budgeted, or hypothetical outlooks, and are convenient for users to evoke in the software. The ABC/M system will convert these changes into the impact on activity and resource costs. This capability is essential for what-if scenario analysis and cost estimating. Deficient ABC/M tools usually can not even calculate the driver rates, which in turn are a pre-requisite to even perform what-if scenarios. For those lesser deficient ABC/M tools, they do not accommodate convenient user-commanded changes in drivers to forecast future costs. Balanced Scorecard & Strategy Alignment Integration An ABC/M system must easily send its output data to become the input for managerial use (ABC/M systems produce data and the "M" in ABC/M results from using that data). Two popular uses for ABC/M data are performance measurements and aligning the cost structure to the alignment with the organization's mission and strategy (how much costs support which strategy and the "degree of fit.") Deficient ABC/M tools have no automated linkage and integration to performance measurement and strategy definition applications. Knowledge Management Solutions, Inc. January 2001 50 DRAFT (Not all Hyperlinks are Active) • • • • • • Multi-Period Reporting ABC/M systems recognize that trend analysis across time periods becomes the favored way for users to analyze results to draw conclusions. As ABC/M is computed at more frequent intervals, the data serves more as "actual costing" measurement. Deficient ABC/M tools, often imbedded in the general ledger, do not provide quick and convenient trend analysis. Attributes (For Scoring Or Tagging) ABC/M systems allow users to conveniently create an unlimited number of unique tags or scores, each one with its own user-defined scale (e.g. high, medium or low value-adding) and applied to the ABC/M derived costs. Then, two or more attributes can be concurrently viewed with any ABC/M cost (see dimensionality). Advanced ABC/M systems can trace the proportionate attributed costs throughout the network into cost objects. Deficient ABC/M tools have no facility to tag or score ABC/M costs. Cost Assignment Network Analysis ABC/M systems allow the user to conveniently and rapidly view the cost assignment pathways from any location in the assignment network. All inward (many-to-one) cost contributions and their source costs can be viewed; similarly all of a cost's outward reassignments (one-to-many distribution) can be viewed. Users can conveniently traverse down any assignment path and capture the contribution/distribution view of costs. Deficient ABC/M tools usually have no re-assignments. If a process-based planning tool claims ABC/M functionality, it is likely mix-blind and has no cost reassignment capabilities. Process View Costing In addition to an ABC/M systems' popular capability to trace and reassign costs based on cause-and-effect relationships, it can also chain-link the same activity costs for a sequential cost build-up across time through business processes. Deficient ABC/M tools may in fact only be tracing activity costs through business processes. But they are process-dedicated and incapable of reassigning costs to reflect and measure the diversity and variation of the mix of cost objects. They are mix-blind. Capacity Measurements ABC/M systems can accommodate the input measures of available capacities at very local detailed levels. Using those potential constraints, the ABC/M system can historically report the location and magnitude of unused capacity costs. Advanced ABC/M systems, using reverse cost flowing future projections, can perform rough cut capacity planning (see APICS' definition) and alert users to capacity constraints. Deficient ABC tools are capacity insensitive. They assume infinite capacity in the historical view. Yield Measurement ABC/M systems allow for measurement and separation of off-spec and scrap produced at any activity. It integrates these measures with other operating systems. Knowledge Management Solutions, Inc. January 2001 51 DRAFT (Not all Hyperlinks are Active) • Deficient ABC/M tools ignore measuring yield and relegate those measures to alternative systems. Cost Dimensionality Viewing Costs re-assignments are linkages. By definition, there must be a contribution and a distribution view of any cost. When other attributes or categories (e.g., sales region, product family) are combined with the cost assignment network, there is an opportunity to perform multi-dimensional analysis. ABC/M systems leverage on-line analytical programs (OLAP) to view costs. Deficient ABC/M tools usually do not have cost objects that are the more popular costs for multi-dimensional viewing. If your ABC/M software cannot handle these critical functions, then you should take a serious look at ABC/M software that can. Many software vendors put a "check in the box" for ABC functionality. Put them to the test: their definition of ABC functionality must meet the above characteristics, or you are being misled. Knowledge Management Solutions, Inc. January 2001 52 DRAFT (Not all Hyperlinks are Active) 4.0 Government Uses of Activity-Based Costing by John M. Vann, John Vann Associates Management Consulting In the federal government, as in industry, there is a real hunger for accurate, easy-tounderstand financial data. Activity-Based Costing (ABC) satisfies that hunger for government managers at all levels who have not been as involved in financial management as they should, or would like to be. Their lack of involvement is partly due to the complexity of government fund accounting and its own insular language, which deals in such terms as obligation authority and requires accounting for different kinds, or “colors” of dollars. It is also due to old financial systems and old thinking that satisfy the need for accurate accounting of every Congressional appropriation, but leave federal managers bereft of information for decision making. For example, ask nearly any senior manager—comptroller or engineer—on a typical Army installation for the full cost of electricity for an entire fiscal year, and you are not likely to find a person who knows. The supporting financial system was not built to provide that information. Until recently, managers have also not asked for it. In still other situations, government managers have simply ceded their responsibility for financial management to the comptroller, who has frequently been quite willing to accept that responsibility—along with its matching power to decide how money is spent. That is changing due to the Chief Financial Officer’s Act of 1990, the Government Performance and Results Act of 1993, the requirement to consider outsourcing of government functions, and general cutbacks in funding due to downsizing of the federal government and the emphasis on efficiency due to the National Performance Review. Together, these changes require auditable financial statements, strategic planning, performance measurement, knowledge of full costs of products/services and the associated activities. The government environment is tailor-made for Activity-Based Costing and its rapidly growing corollary, Activity-Based Management. Some of the many uses for ABC and ABC-related information are shown below, with examples based on Defense Department experience pioneering ABC work, primarily in the Public Works arena, since 1992. (See Figure 1). Product/service costs Within the Department of Defense (DoD), as in industry, the most frequently cited potential use for ABC information is to help installations determine the true costs of their goods and services. The Defense Finance and Accounting Service (DFAS) does not provide those costs. In the case of the Army, its own management structure does not even identify outputs as the focus of the DFAS accounting system. The consequence is that at a typical Army installation, the Directors have no supporting financial information that provides them the true costs of basic services they provide such as water, electricity, or building maintenance. If they want such data, they must devote scarce maintenance and repair funds to an extensive manual effort to gather basic financial data. Knowledge Management Solutions, Inc. January 2001 53 DRAFT (Not all Hyperlinks are Active) One such example is the provision of Public Works support to a military installation. At one Army installation, the costs for the support totaled nearly $85 million dollars when totaled from all accounting data provided at the installation. However, another $6 million dollars, or about seven percent of the total cost, was not even shown as a cost in their installation accounting records. (The funds were accounted for elsewhere and not lost to DoD, but the installation had no visibility of costs.) How could an installation manage when its accounting information is so incomplete? ABC helped provide the answer. Military labor and depreciation, excluded in the standard accounting systems, were included in ABC information. In the case of military labor, both the Director of Resource Management and the Directorate of Public Works were asked, based on accounting information each had available, how much military labor was being used to perform public works functions. The highest estimate they provided was about 5 man-years. After they used the ABC technique, however, they discovered over 100 man-years of military labor, valued at over $5 million dollars, performing tasks ranging from grass cutting to environmental spill response. The increase in use of military manpower had all occurred because of funding cutbacks in the blue collar workforce as part of the defense cutbacks. Senior leaders knew there had been severe impacts due to funding reductions that many believed had eaten into the “bone.” Until they had ABC data, however, they had no way to articulate the results of the cuts. ABC gave them the tool they badly needed. Reimbursements DoD guidance concerning reimbursements has been and continues to be chaotic from the installation perspective. The problems have been amply documented and forwarded for resolution, but continue to be shelved within the accounting community due to their complexity and the lack of understanding at higher staff levels of the installation level impact of the reimbursement “swamp.” ABC can help solve some of the reimbursement problems, particularly in determination of appropriate rates. The example of military labor costs described above presents an example of how this can occur. Because military labor costs are paid from a centralized account at Department of the Army level and not shown in installation accounting systems, their “invisible” costs have in many cases been ignored at installations. In reimbursement documents, this translates to funding being lost. With ABC, these costs are included and can result in both increased funding and a better understanding of costs. Activity costs One of the major benefits decision makers find from ABC is knowing the costs of activities performed by their people. As obvious as this sounds, it is apparent following introduction of ABC to every organization, that such information has simply not been available or accessible until the advent of ABC. Value added vs. non-value added activities can be identified, costed, and earmarked for change as appropriate using ABC information. The opportunities to review the effort and desirability of continuing to perform selected activities in any organization stand out readily. For example, in one directorate studied in 1996, the activity “Take Phone Messages for Others” was Knowledge Management Solutions, Inc. January 2001 54 DRAFT (Not all Hyperlinks are Active) evaluated. Skeptics said that the activity was defined at too low a level of detail, until they saw the annualized cost of $261,000. Once known, the Director took immediate action to procure answering machines for the entire organization, at a cost of about $30,000. The cost of implementing ABC at the organization was less than a quarter the cost of the time saved by that single activity. Business Process Reengineering The costs of entire business processes can be determined and used as the bases for changing, or reengineering, throughout an entire installation. As funding cutbacks force reduction in the scope of services provided at an installation, it is increasingly important to know what processes, not simply organizations, are costing the most. Armed with the “horizontal” perspective in addition to the traditional stovepipe perspective of costs, one Army installation recently reorganized from the traditional directorate concept to a concept oriented around a reduced number of “business centers” that take advantage of more efficient organizations, reduced overhead, and leaner support structures. ABC data helped decision makers identify the most effective way to structure the business centers (See Figure 2). A Directorate of Contracting office that recently applied Activity-Based Costing for the first time discovered that the activity of applying the “streamlined” purchasing procedures promulgated by DoD was actually costing more money than it was saving for small purchases (under $5,000). Under the new rules, installation personnel were reviewing a significantly increased number of procurement actions, resulting in a cost of $141,000 annually. ABC was used to identify the unusually high cost of the activity, and subsequent management action to reduce unnecessary workload resulted in a saving of $57,000. Planning and activity-based budgeting DoD’s management system is called the Planning, Programming, and Budgeting System (PPBS). Created in 1962 in an early effort to bring business-like solutions to Pentagon thinking, it is now outdated, and its multiple problems are well documented. While it does provide detailed information about Congressional appropriations associated with broad military missions, it does not provide the kind of resource justification information that is easily understood and usable at all levels. It also does not focus at lower levels on the outputs that result from congressional appropriations. How can ABC data help? There are multiple ways. Two key contributions stand out immediately, however. First, ABC offers a way to begin to show managers the impact of budget cuts on activities and missions performed BEFORE the cuts are made. The existing system focuses on accounting for organizations that are funded and on the general functions they perform. For example, for an installation Director of Logistics, the Army accounting system accounts for the cost of the Office of the Director—as if it were an output. What does that office do? What would happen if that office absorbed a cut? What would it do to the full cost of the outputs of the DOL? At present, there is no linkage, and a subjective evaluation at best is all that could be offered. Knowledge Management Solutions, Inc. January 2001 55 DRAFT (Not all Hyperlinks are Active) With ABC, the contributions to the outputs of the Directorate (repaired tactical equipment, supplies provided, transportation provided, etc.) of the Director’s office, and all other “overhead” offices, as well as the activities they perform in helping produce the Directorate’s outputs, are known. With current software, “what-if” scenarios can be run to determine the cost implications of changes in activities, organizations, or resource inputs. Secondly, the kind of information provided by ABC can contribute to a major improvement in budgeting. The example of military labor described earlier offers a good example of how this can happen. Military labor costs are paid from a centralized account retained at Department of the Army level. Installations do not budget or account for military labor, and the cost of military personnel is not shown in installation financial systems, even though it is a legitimate cost to the Army and should be charged to some customers. Since it is not paid for by installations, it has traditionally been considered “free” labor. However, if military labor is used to replace civilian labor, which is budgeted for and accounted for at installation level, the workload remains the same (or may grow as military personnel attempt to replace a skilled civilian workforce) while the civilian labor cost to accomplish that same work-load goes down. This shift results in everincreasing understatement of base support costs. With ABC, the full military labor costs are considered part of base support, giving Directors at an installation a way to articulate the impact of cuts. Other examples abound of ways ABC, through its complete audit trail, easily understandable terms, and full cost methodology, can contribute to improved planning and budgeting in DoD. Benchmarking Benchmarking is simple comparison, whether it be with the “best practices” of a similar service provider or the cost of the service he provides. ABC data, if prepared with sufficient accuracy, can provide managers with useful information upon which to base such comparisons. It can be used locally to compare costs of utilities, equipment maintenance, child care, or a host of other services installations provide. It can provide a “first cut” to managers concerned with the needs to perform studies concerning outsourcing (A-76 studies). And it can help Directors estimate in broad terms how their organizations perform compared to Army averages. However, care should be exercised at higher levels to avoid “apples vs. oranges” comparisons. If one installation produces its own water and another is forced to buy water from a local water authority for twice the price due to scarcity of water, what sense does it make for an analyst at higher headquarters to perform the non-value added activity of comparing the costs of water at the two sites (See Figure 3). Performance measurement With the advent of the 1993 Government Performance and Results Act (GPRA), all government managers are under a mandate to evaluate their work based upon performance. While the concept has long been used in the uniformed military and in industry, it is relatively new in government. Performance has traditionally been measured more on increasing budgets rather than on specific measures of output. ABC information tied to performance is tailor made to the intent of GPRA. Knowledge Management Solutions, Inc. January 2001 56 DRAFT (Not all Hyperlinks are Active) With its focus on full costs, ABC can simply divide the full cost by the appropriate output measure to obtain a performance measure for the output of a Directorate. For example, the unit cost of electricity could be expressed as dollars per megawatt/hour. ABC also can add, however, the aspect of unit cost of performance of activities. Managers want to know about the relative efficiency of their workforce. For example, a manager curious about the cost of overhead administration associated with each contract can find that information using ABC. He could also determine the costs of the specific activities associated with the contract administration. For example, pre-award activities could be separated from post-award activities, enabling him to evaluate the true cost and effort associated with different types of procurement vehicles and providing substance to his intuitive knowledge. Conclusion As shown in the examples described above, DoD is representative of the United States government’s efforts to use ABC to help become more efficient, cope with the realities of reduced resources, and make sure that taxpayers are all getting the most from their tax dollars. ABC is performing an increasingly important role in helping shift the culture of the federal government toward increased awareness of costs and more careful management of costs. Through these outcomes, ABC is helping the federal government to retain the public trust. Portions of this article appeared previously in Armed Forces Comptroller, Winter 1997 and have been reprinted with permission. Copyright © 1997. All rights reserved. John Vann is an independent consultant who specializes in Defense-related issues, focusing on defense management practices. Following graduation from the United States Military Academy, he had a 26-year career in the Army and held a variety of senior positions in the Department of Defense, including Director of the Program Evaluation Directorate, Defense Inspector General, an organization created in 1990 to review big picture issues for the Secretary of Defense. Prior to that, he was Chief of the Program and Budget Division in the Army Deputy Chief of Staff for Logistics; Deputy Director, Budget Integration, Office of the Assistant Secretary of the Army for Financial Management; and Associate Director, Program Integration, Office of the Assistant Secretary of Defense for Manpower, Reserve Affairs, and Logistics, where he specialized in analysis of defense-wide issues. He has served in command, staff, and advisory positions from installation level, as Assistant Chief of Staff for Resource Management, to the Office of the Secretary of Defense level. Mr. Vann introduced the Activity-Based Costing concept to the Army community at multiple locations. He has spoken extensively concerning Activity-Based Costing, including giving presentations at the International Productivity and Quality Symposium and International Research Institute. He taught both financial management and its relationship to ABC at the Army Installation Management Course. Knowledge Management Solutions, Inc. January 2001 57 DRAFT (Not all Hyperlinks are Active) 5.0 ABC at NASA'S Lewis Research Center by Jeff Walters, Pat Rattan, Steve Smith, and Dr. Douglas Webster, American Management Systems Lewis Research Center (LeRC), in Cleveland, Ohio, is one of four primary research facilities of the National Aeronautics and Space Administration (NASA). LeRC conducts research and development in both aerospace and aeronautics, specializing in microgravity science, aero-propulsion, and space systems. To support these research missions, LeRC provides a number of "institutional services" that are used throughout the Center across many research programs. Examples of these services include Scientific Computing, Fabrication, Graphics and Reproduction, and Imaging. These services are funded as a group by Congress via a "program support budget" which is augmented as necessary by "taxing" direct research projects. In more prosperous days at LeRC, the "program support budget" was an adequate solution because the practice of withholding funds from or "taxing" direct research projects did not significantly limit the Center's ability to perform its mission. However, the program support approach provided little visibility in the sources and uses of funds. As budgets diminished, research managers became more aware of, and accountable for, the use of all research dollars. They began to question the "taxation" methodology of augmenting the institutional services budget, creating a demand for a different means of accounting for the cost of institutional services. In 1992, a Center team offered a potential solution: establish an "Internal Economy" within the center. The Internal Economy concept espouses a market-based charge-back system in which institutional service providers "sell" products and services to internal customers (direct-funded research programs and projects). The Quality Council of LeRC quickly affirmed the Internal Economy concept and established a team to investigate an Internal Economy at LeRC. In late 1994 the Internal Economy Process Action Team (IEPAT) completed an exhaustive analysis of the opportunities and risks related to implementing a market-based charge-back system and consequently was granted authority to proceed with the design and implementation of the Internal Economy at LeRC. Design and Implementation American Management Systems, Inc. (AMS), an Information and Management Systems consulting company headquartered in Fairfax, Virginia, was asked to help LeRC apply activity-based costing as a tool to implement the Internal Economy concept. AMS was Knowledge Management Solutions, Inc. January 2001 58 DRAFT (Not all Hyperlinks are Active) tasked to support the process action team's development of a project implementation plan and develop costing methods as well as baseline product and service costs for three internal providers. Implementation Planning AMS facilitated a planning workshop of the IEPAT and the key stakeholders of the internal economy process. The workshop served as a vehicle for gaining the critical executive support and resource commitments required to enable success of the project. Workshop attendees together developed a schedule and plan for the remaining design and implementation tasks. The plan was based on four critical tasks: • • • • Purchase Transaction System Policies, Procedures, and Mandates Product Costing Education Each task was assigned a lead LeRC or contractor representative who was responsible for the execution and completion of all associated activities. The AMS team was assigned responsibility for the product costing portion of the plan and for the introduction of ABC as the mechanism to accomplish that task. Service Provider Product Costing Accomplishing the Costing phase of the initiative required AMS to lead three initial service providers in: • • • • • Product Identification and Definition Process Modeling, Activity Definition, and Activity Driver Determination Resource Identification, Resource Decomposition, and Resource Driver Determination ABC Model Development Baseline Costing The Imaging Technology Center (ITC), the Scientific Computing Line of Business of the Computer Services Division, and the Metrology Services Branch were chosen as the three initial service providers to transition to the Internal Economy. Their selection was based on a combination of breadth of impact, potential savings, data availability, and probability of success. Product Identification and Definition This phase of the project consisted of developing a "catalog" of products and services offered. Each entry in the catalog consisted of a product name, description, and unit of purchase. The level of effort required to develop the catalogs varied by organization, based on the type of products offered—standard or non-standard. Standard products (or services) require the performance of the same set of activities in the same proportion each time a unit of output is produced. Non-standard output may require different activities in different proportions for each unit of output. Knowledge Management Solutions, Inc. January 2001 59 DRAFT (Not all Hyperlinks are Active) The Metrology Services group, the "television repairmen" of the Center, could not define standard products for inclusion in a catalog. Each job order defined a different set of requirements and therefore a different set of activities. Metrology Services chose to define only two product lines, Instrument Pool Rentals and Repair Work Orders and then develop a job costing method to support each. In other words, by knowing the cost of all their activities, they could "construct" the cost of a particular service depending on the activities performed to provide the service. Similarly, the Computing Services Division (CSD) began the analysis with a "job-shop" outlook but clearly recognized that some of its products or services, such as networking and data storage, could be defined, cataloged, and sold in repeatable units. To facilitate the identification of CSD products and services, the project team led a structured workshop with the customers and staff of CSD. Independently, each group identified the products and services from its perspective. The groups then developed a common set of products and services identifiable to all parties. The Imaging Technology Center (ITC) presented a different set of circumstances. Having operated in a pseudo-charge-back system prior to the Internal Economy initiative, the ITC came to the effort with a product catalog already designed. The catalog only needed to be updated to reflect recent organizational and service changes. Process Modeling, Activity Definition, and Activity Driver Determination A process model was required for each organization in order to determine which activities supported which products. The team developed the activity model using structured interviews with LeRC representatives from each organizational sub-element that supported one or more aspects of the entire process. Workshops were used to validate the integration of the smaller models into the larger organizational model. Once activities were identified and defined, activity drivers were selected based on accuracy of measurement and degree of difficulty of data collection. For many activities two sets of drivers were identified—one that could be used based on current data available and another more accurate driver that should be used if measurement and data collection techniques could be established. Resource Identification, Decomposition, and Resource Driver Determination The objective of resource modeling was to identify the resources consumed by the organizations in performing their activities. In LeRC's case, the combined resources used by civil servants and contractors to perform work were captured in four different general resource categories: Civil Service Costs Labor costs, including payroll and benefits, were decomposed into hourly rates based on pay grades. "Number of labor hours" was used as the driver to trace these costs into activities. Travel and training costs were broken down by "trip" and "class" respectively and traced directly to the activity which each supported. Knowledge Management Solutions, Inc. January 2001 60 DRAFT (Not all Hyperlinks are Active) Contractors LeRC support contractors were already under contract to provide cost information by task to the government for auditing. Since the tasks defined in the contracts were not always equivalent to the activities of the ABC process model, the contract tasks were converted to the ABC-defined activities, and the costs were assigned accordingly. Government Owned Equipment LeRC maintains an extensive database with data for each piece of owned equipment. An amortization schedule was created for each item, and those that still had current year costs were retained in the model. The costs were then assigned to the activities that applied the equipment. Government Purchases Using government purchase order information, a schema to identify 'expenseable' purchases from 'depreciable' items was developed, and the former were retained as period costs. These purchases were then allocated to the activities which consumed the resources. ABC Model Development With resources, activities, products, and drivers defined, a reusable model was needed. Relationship matrices were used to integrate the segments of the model. The matrices allow process participants to identify the relationships between these elements without worrying about the availability of data to populate the model relationships. With each element of the ABC models now defined for each organization, three models were built using EasyABC Plus. The majority of the data was input to the model structure using the software's import capabilities. The resulting ABC models incorporated: • • • • • • • complete resource listings complete activity hierarchy, with definitions for each activity at each level complete cost object (product and service) catalog, with definitions for each resource-to-activity links activity-to-product links resource and activity driver assignment and frequencies activity and product output units and volumes Baseline Costing The calculation of costs for products and activities, both on an annual basis and on a per unit basis, was a relatively simple next step. Reports for each of the three service providers were generated directly from EasyABC Plus. The reports displayed every aspect of the model, including the cost breakdown of each product and activity. LeRC now had baseline costs with which to develop prices for use in an internal economy. While it is understood that more goes into pricing decisions than just costs, understanding the true costs is critical to survival in an internal market economy. Knowledge Management Solutions, Inc. January 2001 61 DRAFT (Not all Hyperlinks are Active) Activity-Based Costing is one of the most accurate methodologies available to help gain that understanding. Jeff Walters is a Senior Business Process Re-engineering (BPR) Analyst with American Management Systems. In addition to his ABC work for NASA LeRC, Jeff has supported the Langley Research Center with ABC, BPR, and Performance Measurement expertise. Jeff received his BS in Aeronautical Engineering from Pennsylvania State University and his MBA from Rensselaer Polytechnique Institute. Pat Rattan is a Senior Cost Management Analyst with American Management Systems (AMS). Mr. Rattan received his BBA in Finance from Texas A&M University and his MBA from William & Mary. Mr. Rattan has expertise in the banking and insurance industries and served in a variety of financial management positions with the U.S. Navy. He is currently helping an AMS client in the not-for-profit sector develop and implement an ABC infrastructure. Steve Smith, a Principal at AMS is a Senior BPR Analyst in AMS' Industrial Consulting and System Group where he leads a performance measurement business practice. Mr. Smith is currently supporting an ABC project with the U.S. Army and is a frequent speaker and workshop facilitator in the area of performance measurement. Mr. Smith received his BA from Allegheny College and his MPA from Penn State University. Dr. Douglas Webster, co-author of Activity-Based Costing & Performance, and ABC Technologies Affiliate, is a nationally-recognized expert in ABC. Dr. Webster, a Principal at AMS, has supported NASA's LeRC and Langley sites, and is currently assisting the U.S. Army in developing a strategic plan for a multi-site implementation of ABC. Dr. Webster is a frequent invited speaker at national conferences and workshops on ABC. Dr. Webster received his doctorate degree from U.S. International University and his MS in Systems Management from the University of Southern California. Knowledge Management Solutions, Inc. January 2001 62 DRAFT (Not all Hyperlinks are Active) 6.0 If ABC is the Answer, What is the Question? by Gary Cokins, Director of Industry Relations ABC Technologies, Inc. "Traditional managerial accounting is at best useless, and at worst dysfunctional and misleading." - Professor John K. Shank, Dartmouth College Keynote Address, Institute of Management Accountants' 75th Anniversary Conference, June, 1994. Why do managers shake their heads with disbelief when they think about their company's cost accounting system? Imagine if you were a roving reporter and asked managers throughout your organization, "How happy are you with the existing financial and accounting data to support our decisions to improve our competitiveness?" Thumbs up or down? Many give it thumbs down. How can traditional accounting that has been around for so many years all of a sudden become considered so bad? The answer is the existing data is not necessarily bad as much as it is incomplete and unprocessed. Figure 1 provides the first hint of a problem. The left side shows the classic monthly responsibility statement report that managers receive. If you ask managers how much insight they get of the more controllable costs they incur, they will answer, "Not much!" This is because the salary and fringe benefit costs make up the most sizable portion of controllable costs, and all that the manager sees are those costs reported as lump-sums. But when you translate those "chart-ofaccount" expenses into the work activities that consume the financial general ledger's expenses, a manager's insights from viewing the activity costs begin to increase. The right side is the Activity Based Costing (ABC ) view. To be further critical of the left side "chart of accounts" view, notice how inadequate that data is to report business process costs which run cross-functionally, penetrating through the vertical boundaries of the organization chart. For example with a manufacturer, what is the true total cost for processing engineering change notices (ECNs) that travel through so many hands? For a service organization, what is the true cost of opening a new customer account? Many organizations have flattened and delayered such that employees from different cost centers frequently perform similar activities and multi-task in two or more core business processes. Only by re-assembling and aligning the work activity costs across the business processes, like "process ECNs" or "open new customer accounts" can the end-to-end costs be seen, measured and eventually managed. In effect, with traditional cost systems, managers are denied visibility of the costs along the end-to-end business processes, particularly the stocking, distribution, marketing and selling costs which the traditional accounting "expenses to the month's period" and does not proportionately trace the costs to the unique products, containers, services, Knowledge Management Solutions, Inc. January 2001 63 DRAFT (Not all Hyperlinks are Active) channels or customers that cause those costs to occur. In sum, the left side of Figure 1 is the "accounting police" command-and-control tool. Have you overspent your budgeted target? If you have, who says that budgeted target amount was fair when it was initially imposed? When managers receive the left side responsibility center report, they are either happy or sad but rarely any smarter. Today's competitive world will be dominated by "learning organizations," not one straightjacketed with spending restrictions while overstaffing and non-value adding work occurs elsewhere in their organization. The right side of Figure 1 defines the same costs but in a "verb-adjective-noun" grammar convention. This gives ABC its flexibility. It is cost information for employees and managers, not just accountants. People can relate much better to this language, and they can favorably impact the work that the activity name describes. Cost accounting is outside many individual's comfort zones. ABC makes cost understandable and logical. ABC as a Translator not Replacement Figure 2 describes that ABC is not a replacement for the traditional general ledger accounting. Rather, it is a translator or overlay that lies between the cost account accumulators in the general ledger and the end-users, like managers, who apply cost data in decision making. ABC translates costs into a language that people can understand and into elements of costs, namely the work activities, which can be more flexibly linked or assigned to business processes or cost objects based on demanddriven consumption patterns, not simplistic cost allocations. The reason ABC is becoming popular is because the general ledger is now recognized as being structurally deficient for delivering good business information for decision support --- the general ledger is a sound mechanism for collecting and accumulating transaction-intensive costs, but not for converting those costs into useful managerial information. In contrast to traditional accounting, ABC focuses on the work activities associated with operating the business. ABC is very work-centric, whereas the general ledger is very transaction-centric. Both have their place, but the general ledger's data is too raw to be considered business intelligence for decision support. ABC solves the general ledger's flaw of unprocessed cost data. But ABC does much more. Just translating the ledger account expenses into their work activities is an incomplete story of ABC. The total ABC picture comes from linking the activities into networks to cost out items for analysis, trade-offs and decisions. How does Activity-Based Costing compute better accuracies? ABC was developed as a practical solution for problems associated with traditional cost management systems, which we now realize are incomplete. However, traditional indirect expense and overhead cost allocation practices of traditional systems bring more damage than good to organizations. Indirect costs are usually too aggregated, use excessively broad-brushed average rates to allocate the costs. And worse yet, theyt rely on a sales volume-based factor or basis, like direct labor hours or department Knowledge Management Solutions, Inc. January 2001 64 DRAFT (Not all Hyperlinks are Active) expenses, which is rarely reflective of the true and specific cause-and-effect relationship between the indirect overhead expense and the part, product, service, channel or customer (i.e. the cost object) that is actually consuming the cost. Many managers are tired of the "allocation foodfights." The result of inaccurate cost allocations, because allocating is a zero-sum error game, is that some cost objects get over-costed while the remainder are under-costed. In practice, one discovers the under-costed products are substantially under-costed because they may be low-volume with small lot sizes, require more technical attention, consume more handling, and need extra inspection. In effect, we have allowed the accounting profession to construct a costing scheme that distorts reality and violates variable costing as a manager understands it. The ultimate problem is companies are actually losing money on certain products, orders, services and customers when their accounting system states they are profitable. And since the price quotation practices usually rely on the same flawed cost data, quoting unprofitable orders to unprofitable customers is perpetuated with the illusion that they are profitable! ABC corrects for these flaws by identifying the work activities that are responsible for costs. ABC provides a cost flow assignment network which allows the work activity costs to be continuously re-assigned or passed on only if the products, services or customers, or in some cases other work activities, use the activity. Figure 3 shows a popular diagram called the CAM-I* Cross. The CAM-I Cross reveals that work activities, which are located in the center of the Cross, are integral to reporting both the costs of processes and the costs of cost objects. The vertical axis reflects costs as they are sensitive to demands from all forms of product and customer diversity and variety. The work activities consume the resources, and the products and customer services consume the work activities. It is a cost consumption chain. When each cost is traced based on its unique quantity or proportion of its cost driver, all of the costs are eventually re-aggregated into the final cost objects. This method provides much more accurate product and customer costs than the traditional "peanut-butter spreading" cost allocation method. The activity cost drivers behave like a "pump and valve" in this cost re-assignment network. Cost drivers are critical to ABC because not only do they segment and flow the costs to reflect the diversity of the products and customers, but they govern the accuracies as well. In practice, ABC systems will trace work activity costs to two or more other intermediate work activities that consume the work upstream from the ultimate products and customer services which initially trigger the demands on work. The re-assignment network of cost-segmented consumption is responsible for the majority of ABC's superior costing accuracy. ABC can tolerate reasonable cost driver estimates as proxies for actual transaction detail drivers because the error does not compound--it dampens out on its way to the final cost objects. It is somewhat counter-intuitive, but with ABC, precision inputs is not synonymous with accurate outputs. This property significantly lightens the load for data collection. And this is also why the ABC advocates' mantra is, "It is better to be approximately correct than precisely inaccurate!" In the end, the level Knowledge Management Solutions, Inc. January 2001 65 DRAFT (Not all Hyperlinks are Active) of accuracy and detail depends on what decisions are made with the data. And usually the accuracy requirements are not unreasonably harsh. In the CAM-I Cross' vertical cost assignment view, activity cost drivers will have their own higher order drivers. That sparks root cause analysis. But usually the activity cost drivers used for ABC costing are output-based. Therefore, as the quantity of the drivers rise or fall over time, ABC can either historically report the trend in terms of per-unit cost of work rates of the activity outputs and ultimately of the products. Alternatively, ABC can provide the per-unit rates for use in predictive planning and what-if scenarios, which are popular uses of the ABC data. Cost estimating with ABC is very natural because the activity costs react and behave linearly with changes from their cost drivers. Too often with traditional costing, the cost rates do not directly vary with changes in volume which results in mis-estimates and ultimately errors and lost profits. The horizontal view of the CAM-I Cross is the business process view. A business process is defined as two or more activities or a network of activities with a common purpose. Across the process, the activity costs are sequential and additive and satisfy the requirements for popular flow charting and process modeling techniques and software. Business process-based thinking, tipping the organization chart ninetydegrees, is now dominating managerial thinking; and ABC provides the cost elements for process costing that are not available from the general ledger. What gave rise to ABC? In the early 1980's many companies began to realize the adverse consequences of allowing their traditional accounting systems to generate inaccurate costing information. An organization's cost structure had been substantially changing. For most businesses, overhead and indirect costs were increasing and mainly displacing the direct labor costs, primarily due to increased complexity caused by: (1) proliferation of product and service offerings, (2) more types of channels and customers, and (3) new and complex technologies. With greater overhead costs relying on a basis for cost allocations tied to unrelated volumes, the traditional costing method had become invalid relative to how the products and services consumed costs. Therefore the unfavorable impact of the costing errors were becoming much more intense than in the past. Many managers understood intuitively that their accounting system was distorting the product costs, so they sometimes made informal adjustments to compensate. However, with so much complexity and broad product and channel diversity, it was near impossible for managers to predict the magnitude and impact of the adjustments they should. Those conditions, in fact more heightened, exist today. Figure 4 reveals how ABC firsts "segments" resource costs to reflect diversity, and then ABC re-aggregates costs through its cost assignment network into the demand-causing objects, namely suppliers, products and customers. In addition to the distortion of true costs from traditional systems, the rise in ABC has resulted from external factors. The level of competition that most firms face has Knowledge Management Solutions, Inc. January 2001 66 DRAFT (Not all Hyperlinks are Active) increased dramatically. In the past, organizations were reasonably profitable. They could make mistakes and their profitability would mask the impact of their wrong or poor decisions. They could carry unprofitable products and customers because the winners would more than offset the losers. They could still survive with misleading cost allocations and without visibility of their costs of business processes. Today the margin for error is slimmer. Businesses can't make as many mistakes as they could in the past and remain competitive. Price quotations, capital investment decisions, product mix, technology choices and make vs. buy decisions all require a sharper pencil. More competitors are better understanding the cause-and-effect connections which drive costs and fine-tuning their prices. The resulting price squeeze is making life for businesses much more difficult relative to the past. Knowing what your real product costs and the costs-to-serve channels and customers is becoming key to survival. With ABC visibility, businesses can identify where to remove waste, low-value adding costs and unused capacity plus understand what drives their costs. And today, a business' road is no longer long and straight, but it is windy with bends and hills which don't give much visibility or certainty to the future. Organizations needs to be agile and continuously transform their cost structure and work activities. This is difficult to do when their organization doesn't understand their own cost structure and economics. A final reason giving rise to ABC is the cost of measurement has fallen as information processing has improved. Not too long ago, it was cost prohibitive to accumulate, process and analyze the data necessary to run an ABC system. Today, such activity measurement systems are not only affordable, but much of the data already exists in some form within the organization. ABC in Advanced Mature Users Businesses like the Coca Cola Company and Allied Signal Corporation have been performing ABC for many years. They are advanced and mature ABC users who are interested in two goals: (1) to institutionalize ABC company-wide into a permanent, repeatable and reliable production system and (2) to establish the ABC output data to serve as an enabler to their ongoing improvement programs, like TQM, change management, cycle-time compression, core competency, business process reengineering, product rationalization, target costing, and channel/customer profitability . More recently, new issues for the advanced and mature ABC users are emerging and include: integrating the ABC output data with their decision-support systems, such as their cost estimating, predictive planning, and activity-based budgeting (ABB) systems; learning the skills and rules for re-sizing, re-shaping, re-leveling and otherwise readjusting the model's structure in response to solving new business problems with the ABC data; and collecting and automatically importing data into the ABC system. With experienced ABC users, it is evident that ABC eventually becomes part of their information technologies. Knowledge Management Solutions, Inc. January 2001 67 DRAFT (Not all Hyperlinks are Active) More specifically, the output data of an ABC system is frequently the input to another system, such as a customer order quotation system. ABC data also complements other productivity or logistics management tools such as software simulators, process modelers, business process flow charters, schedulers, executive information systems (EIS), and on-line analytical programs (OLAP). In the next three years, there will be a convergence of tools as these now somewhat separate software products become part of the analyst's tool suite. Advanced mature users are also masters with employing ABC "attributes" which are scored and graded against the activities. ABC attributes allow managers to differentiate activities from one another. A popular attribute involves scoring activities along their "high vs. low value-adding" scale. Multiple activities can be simultaneously tagged with these grades, and of course the dollars trail along at the activity level. As an option, activities can be summarized into the processes. This way organizations can see, for example, if they are very, very good at things they have judged to be very unimportant -- and they spend a lot of money doing it! Although some attributes are subjectively scored or graded by managers and employees, they introduce emotionally compelling business issues. I have often said that, "ABC adds the air-conditioning to the ABC data." The Behavioral Side of ABC The ABC data is simply a means to ends. That is why ABC itself should not be labeled as an improvement program because then it becomes a candidate for "fad of the month." ABC data simply makes visible the economics of the organization and cost consumptions which are occurring with or without ABC present. ABC in one sense operates as "an imaging system" similar to radar, sonar or CAT scans. Costs measure effects moreso than the root cause, and the ABC systems provides the enterprise-wide image of all the effects plus the causal relationships causing the cost effects. ABC project managers have been slow on the up-take to recognize the behavioral change management aspects of the ABC data. ABC is a socio-technical tool, and the emphasis should be on the social side. Many managers and ABC project teams see ABC as simply a better measuring scheme or cost allocator. However, it's real value is introducing undebatable fact-based data which can be used by employees to build business cases, to quickly recognize business problems or opportunities, and to test hypothesis. ABC has many of the characteristics of an organizational methodology. Many managers are frustrated by the difficulties in bringing about change within their organizations. Behavioral change management is receiving wider attention, and ABC data is playing an important role with change. A Business is Multidimensional ABC contends that many important cost categories vary not with short-term changes in output, but with changes in the design, mix and range of a company's products, services and customers. Once product costs are identified users begin to see the value of understanding the activities and their associated costs. The primary use of ABC shifts from that of an accounting tool to that of a management decision support system for Knowledge Management Solutions, Inc. January 2001 68 DRAFT (Not all Hyperlinks are Active) operational streamlining - which can be called Business Intelligence. Information technology gathers and manages this ABC information, combining not just cost but nonfinancial information and performance measures. This enterprise-wide technology is termed an activity-based information system. As more managers become aware of the activity and information that is available, additional applications for ABC will open-up, including unused capacity management. ABC provides the lens that focuses an organizations' efforts. ABC and the Future An overarching issue with ABC involves its perception as just another way to spin financial data rather than its use as mission-critical managerial information. The Information Age we are entering can be mind-boggling. In our future, as technology advances, so will the demand to access massive amounts of relevant information. The companies that survive will be those that can answer these questions: "How do we access all this data?" "What do we do with it?" "How do we shape the data and put it in a form with which we can work?" "What will happen when we apply technologies developed during the Information Age for the Information Age?" Clearly, as information technology evolves, organizations will increase their effectiveness. Further, as markets change, companies and organizations will run into global competitors that increasingly look to information and information technology for competitive advantage. ABC is involved in this broad arena of "outsmartmanship." ABC puts the "management" back into management reporting. It will be fun watching organizations move from their learning stages into mastery of building and using ABC systems. *Consortium for Advanced Manufacturing - International, Dallas, Texas Knowledge Management Solutions, Inc. January 2001 69 DRAFT (Not all Hyperlinks are Active) Case Studies – Applications 1.0 Banc One Assesses Private Label Credit Services by Jonathan R. Schwind, Arthur Andersen LLP, Cincinnati One Private Label Credit Services (Bank One) is one of the nation's leading providers of private label credit card programs offering comprehensive services to a wide range of industry segments nationwide. As a subsidiary of Banc One Diversified Services Corporation, Bank One has the support and backing of Banc One Corporation, the eighth largest bank holding company in the nation with assets in excess of $140 billion. Currently, Banc One Private Label Credit Services (PLCS) processes and manages over 7 million card accounts for over 40 partners with combined balances in excess of $2.4 billion, and services over 48,000 retail locations nationwide. Among private label card services providers, Bank One is fourth in size and is the only one of the top ten bank holding companies that also ranks in the top five in the private label credit line of business. Private label refers to the type of credit card that is issued at a retailer. Typically this card can only be used at the retailer whose name appears on the card. Examples of this type of product are department and computer store cards. They are not Visa or MasterCards, but alternative means of offering credit to customers while strengthening the retailer's brand recognition. One of the advantages of a private label card is the customization of the credit offering such as deferred payments, no interest for 6 months, or reward programs. PLCS supports the retailer by servicing all aspects of the product, from loan origination to collection. The ABM Implementation The private label industry is highly competitive with low barriers to entry. One of the key factors in a retailer's decision to select a private label provider is price. Price is not only significant in the acquisition of clients but also in the retention of clients. With increased competition, PLCS finds it critical to understand what activities are draining the most on internal resources, as well as to understand the profitability of their 40 plus existing clients. According to Kay Glover of Banc One, "A deeper look into the operational expense revealed that the resource consumption was not proportional by client." Earlier attempts to "cost out" internal activities were performed; however, the methodology used was inconsistent, and the confidence level of the results was low. It became clear that PLCS needed a proven methodology to achieve their objectives. Therefore, Arthur Andersen implemented a full ABC study. Upon completion, the study was to provide detailed unit costs of all activities performed at PLCS, as well as an equitable distribution of costs to each client's profit and loss report. Arthur Andersen began the ABC project with a pilot in two operational departments at PLCS. A diverse steering committee comprised of COO, CFO, Controller, and VP of Expense Management was created to drive the pilot's success. This ensured that all Knowledge Management Solutions, Inc. January 2001 70 DRAFT (Not all Hyperlinks are Active) major areas in the company were represented and that there would be successful communication of the project's significance. It was determined by the steering committee that it would be optimal to test the ABC methodology on just two areas before taking ABC company-wide. The pilot was scheduled and successfully completed within four months. The project was spearheaded within the finance division with heavy involvement from the operations area. A full-time PLCS expense analyst was solely dedicated to the initiative, while part-time PLCS resources were used on an as-needed basis. With the help of Arthur Andersen, PLCS chose software from ABC Technologies and began to move forward with the study. Some of the driver and performance measure data was provided by the departments involved in the pilot. Additional data was collected by manually tabulating historical reports and running custom queries off the transaction processing system (Triumph). PLCS wanted a non-proprietary ABC software package and chose Oros software because it worked well with their existing system needs. At the end of the pilot, PLCS received a list of unit costs, including the activities that made up the costs and an allocation of expenses to the existing client base. Such activities included: taking/transferring customer calls, waiting on calls, processing paperwork, adjusting/monitoring accounts, assisting other reps, and meetings. The results were intriguing, and the identification of activities, with the corresponding expense, exposed process flows that could be improved or eliminated. In addition, they provided a tool for analyzing value added vs. non-value added activities. Prior to the pilot, it was conceivable that the customer service reps were spending 90% of their time on the phone. However, the activity analysis showed that they were performing several other tasks while driving the time spent on the phone well below 90%. Under the ABC methodology, PLCS identified which clients were drawing more heavily on their resources. Because of these results, it was evident that PLCS needed to follow through with the company-wide study. Next, PLCS and Arthur Andersen implemented ABC into the Collections department, which employs the largest number of people at PLCS (over 300 full-time equivalents). This department posed a challenge because it was comprised of several different and sometimes independent functional areas such as bankruptcy, recovery, skip trace, agency, and front-end and back-end collections, all of which rolled up into the same cost center. Each area in essence was its own cost study. Upon completion of the Collections department, PLCS continued to implement the ABC methodology throughout the organization such as credit processing, merchant operations, shipping and receiving, fraud detection, marketing, finance, accounting, sales, senior administration, and risk management. After this point, Arthur Andersen facilitated phases of the model development and periodic quality assurance checkups. The project's duration amounted to nine months of total work, which included defining the project approach, conducting the interviews, building the model, validating the findings, and generating the appropriate reports. Knowledge Management Solutions, Inc. January 2001 71 DRAFT (Not all Hyperlinks are Active) The Results Due to the thorough interview process and the flexibility of the software, PLCS identified comprehensive reporting on the costs of all their internal and external activities. Part of the reason that the reporting was so robust was because PLCS categorized each type of expense. Examples of expense categories were internal, external, pass-thru, and processing. The end result was a fully loaded unit cost, which could be broken down by any expense category. The costs were also tagged with fixed and variable labels. This is very useful when analyzing the impact of additional volume or lost clients. An example of this is when the customer service department would go to create the budget for the next year. If ABC says the totally loaded cost for a phone call is $3.00, then he could multiply $3.00 by the number of forecasted phone calls to get the total budget amount for the whole department. The $3.00 call includes fixed cost, which will not increase proportionately with the call volume. Without "tagging" the expenses, it would be much more difficult to assess volume-related impacts on expenses. Some of the specific costs or performance measures that PLCS wanted to achieve were a cost per customer phone call, faxed credit application, 30 day delinquent account, transaction, correspondence letter, and a dispute, to name only a few. The objective for such a list of performance measures was to create a menu of costs. When it came time to re-price existing clients or make bids on potential clients, PLCS felt confident in the customized expense numbers for each different scenario, as opposed to using a generic approach. The menu of costs can also be used to create value and savings for the client. For example, suppose a client has two vehicles with which they can submit credit applications, while being charged $3.00 per application regardless of type. PLCS informs the client (after ABC) that application type A costs $1.00 and application type B costs $4.00. This gives the client choices and an opportunity to increase profits by shifting volume to type A, which will ultimately solidify the "client/provider relationship." A win-win situation is created simply from better understanding the business. Lessons Learned By far, the most valuable lesson learned was that it is critical that senior management support the initiative from the start. Getting the information from the employees is one of the key inputs into the model. The accuracy of the data that they provide early in the project equates to better cost information in the end. Similarly, when driving cost to the client level, it is equally important to use allocations that have integrity. At times the optimal driver cannot be obtained, and rather than guessing, it is better to drop a level and use the next best driver. For example, PLCS did not have the number of correspondence letters answered by the client. However, nearly every customer who writes a letter also places a phone call. In this scenario, it was feasible to use the number of phone calls by client as the next best driver for the correspondence expense. Knowledge Management Solutions, Inc. January 2001 72 DRAFT (Not all Hyperlinks are Active) The review and validation stage can also be challenging. Everyone wants the expenses to be someone else's. Keep in mind that the project started with 100% of expenses and has to end with 100%. But, the expense has to go somewhere, and trying to force the expense to one unit or product jeopardizes the accuracy of the entire project. This scenario can be seen when allocating overhead. Overhead is a necessary and real expense, which should be allocated to all activities. Heavily loading select activities in efforts to make the cost of other activities look better is not recommended. Several of the ABC results were not what PLCS had expected, which led them to think that the costs were suspect. This is a common mistake. If the integrity was evident in the interview sessions and in the input data, then chances are that the end results aren't too far off. Surprise costs are evidence of a good opportunity to improve or modify the process. PLCS is in the process of implementing activity-based management (ABM) which will update the model when the organization changes show the immediate impact on the costs and client allocations. ABM will also enable PLCS to continually go through the process improvement steps as the results are analyzed. PLCS facilitate the need for ABC as they follow the right path of using the results to make change and decisions. Knowledge Management Solutions, Inc. January 2001 73 DRAFT (Not all Hyperlinks are Active) 2.0 Mobil Corporation ABC Gathers Speed at Mobil by Tom Kang, Mobile Corporation Imagine a tiny snowball slowly rolling down a hill, becoming bigger and bigger, gaining more and more momentum, until it is large, visible, and omnipresent. That would be somewhat like the development of ABC as a concept at Mobil. In the beginning, ABC was a small initiative in one affiliate of Mobil's downstream divisions (Marketing and Refining). Today, the ABC scope inside Mobil extends over sixty affiliates worldwide and is expanding to the other business units. Current scope of ABC at Mobil Lubricants are one of the highest profit margin areas of Mobil's downstream business. This product category includes items that are readily recognizable to retail consumers, such as Mobil 1 passenger vehicle lubricant, and thou-sands of other industrial and commercial grade lubricants. Uncharacteristically complex, the lubricant business is an exception to the conventional pattern of the few products/high volume oil industry. Mobil is an integrated supplier of lubricants, meaning that it possesses the technology and infrastructure for producing lubricants from base components (such as crude oil and chemical additives) and delivering finished products to end-customers. There are over 30,000 lubricant stock keeping units (SKUs) within the Mobil Network with multiple raw material supply, manufacturing, and distribution centers. Mobil operates lubricant businesses (called affiliates) in more than sixty countries with forty manufacturing locations (called Lube Oil Blend Plants, or LOBPs). Each country operates as an individual affiliate. These individual entities are loosely collected into regional groupings, which in turn sum to the global business. The principle business metrics are at the local affiliate level; profit and cost optimization occurs at this level. This business is within the scope of ABC at Mobil today. The first ABC project at Mobil and its results ABC's start at Mobil can be traced to the US Lubricants Business in 1994, when its General Manager George Madden, recognizing that the US business had thousands of SKUs and multiple manufacturing facilities, suspected that the high degree of complexity was adding cost to his business. He wanted to know the cost of the complexity, that is, the return for maintaining such a complex business. Consulting firm A.D. Little was hired to help analyze the situation. Focusing at first on analyzing manufacturing complexity (the product dimension), the joint Mobil and A.D. Little team quickly realized that the current cost accounting system had no way of reflecting the cost of complexity, because it treated all products equally. Stated simply, manufacturing costs of $80MM were volumetrically applied to the 250MM gallons of lubricants which were manufactured. This method could not address cost to produce each product individually. At this point, A.D. Little suggested using ABC methodology to better reflect the real costs of producing the multiple product and package combinations Knowledge Management Solutions, Inc. January 2001 74 DRAFT (Not all Hyperlinks are Active) within Mobil's Lubricant Network. ABC proved to be the perfect tool for identifying the cost of complexity in Mobil's Lubricant Business. By using activity drivers instead of volume drivers, ABC could expose fundamental differences in the costs of producing thousands of product and package combinations. In the past, when all costs were volumetrically applied to products, marketers added products with a high degree of manufacturing complexity to the product line by evaluating their economics on an incremental cost basis, believing that any new volume, regardless of production complexities, would decrease the unit cost. By applying costs using activity drivers instead, ABC exposed the weakness of the old school of thought. The results were startling. They created a stir within the organization and were the start of a culture change. In surprisingly short order, the incremental volume/cost theory gave way to activity-based full cost theory. The view of manufacturing costs shifted from one pole to another within a matter of months! Management liked what they saw and wanted to incorporate ABC into everyday business decision making processes. At this point, management took a risk. Without fully understanding the impact this new information would have on the decision makers in the business, they decided to incorporate ABC into the single most important tool used to manage the business then and now: the profitability reporting tool (called the Lube Profitability Report, or LPR). LPR contained the data used to evaluate all customer/product profitability. Every sales person had access to it. The impact of ABC was to change the view of profitability of all products within LPR. LPR no longer reflected or rewarded indiscriminate volume growth. Enhanced with ABC, LPR now rewards profitable growth or divestment! Management's risk paid off. In the years since adopting ABC into LPR, every business indicator has become more positive—profits, ROCE, manufacturing expense reduction. The only business indicator with a negative trend is volume, which decreased slightly during this period. A few years ago, this would have been anathema. Our principle metric had been volume growth for such a long time that some still have trouble comprehending the change, and some still manage the business primarily to optimize this metric. But an irrevocable culture change is underway. Profit focus and business simplicity are the themes, and the business results are their tangible manifestations. It would be incorrect to assume that ABC was the only factor contributing to the positive business results, however. A multitude of other initiatives along with ABC contributed to the results significantly, for example the closing of multiple manufacturing facilities with excess capacity. The impact of ABC must not, however, be underestimated either. In many instances, ABC served as a catalyst for decisions that would not have been made in prior years, including divesting of large volume/unprofitable businesses, reducing product line complexity, focusing on target segments, and so on. This was the genesis of ABC at Mobil. Knowledge Management Solutions, Inc. January 2001 75 DRAFT (Not all Hyperlinks are Active) Mobil's globalization of ABC After the end of Mobil's 1996 fiscal year, Chairman Lou Noto announced a corporatewide strategic goal to become Number 1 (most profitable) in lubricants worldwide. To that end, the World Wide Lubricant Strategy Study (WWLSS) was commissioned with the goal of achieving a 33% increase in after tax profits by the year 2000. The WWLSS recommended three broad strategies: growth, cost reduction, and a stronger competitive position. These strategies, while not in themselves revolutionary, set the tone for Mobil's Lubricant Business to begin developing tactical initiatives that would support these strategies. While growth and cost reduction were strategies that were very familiar to Mobil employees, the third strategy strengthening competitive position was not. To achieve this, they needed to leverage Mobil's global nature by identifying and sharing internal best practices used in the business around the world and creating a more efficient global manufacturing and marketing organization. ABC was one of the key best practices identified by the WWLSS, based on the track record set by the US affiliate, which had already implemented ABC and increased profits through improved business decision making and a change in culture. WWLSS suggested this best practice be shared throughout the Mobil Lubricant Network with the intent to produce beneficial results similar to those achieved in the US business. Subsequently, a team was chartered to develop a global ABC model template and determine the best method to implement ABC throughout the multiple affiliates. Late in 1996, a team comprised of members from multiple global regions met in Brussels to develop a global model template and develop an implementation plan with costs/benefits and a timeline. The team also evaluated software. They selected Oros, for several reasons: Mobil's US experience with Oros; the recommendation of A.D. Little Consulting; and the features and performance characteristics of Oros. Two initial pilot sites were chosen: Mobil Korea and Mobil Brazil. The ABC pilot implementations Korea and Brazil were chosen because of the size of their businesses in terms of volume/revenue and complexity. Both affiliates were medium sized with moderate business dimensional complexity (that is, a manageable number of market segments, customers, and products). The global ABC model template was divided into two parts: Sales & Marketing and Manufacturing. The two parts would be brought together into one model to enable dimensional analysis. For the initial pilots, the decision was made to implement the manufacturing part only in Korea and Brazil. At that time, ABC was still mainly perceived as a product costing tool, and the implementation team concluded that driver quantities would be easier to obtain and validate (or defend) in manufacturing. We hoped to leverage the success of manufacturing ABC to promote the Sales & Marketing portion. In retrospect, this was a good decision. These pilots were conducted concurrently in late February 1997. Both were one month long and involved fifteen hour days, conquering language barriers, flying tens of Knowledge Management Solutions, Inc. January 2001 76 DRAFT (Not all Hyperlinks are Active) thousand of miles between Sao Paulo and Seoul, and both were hugely successful. Korea proved to be the most dramatic example of ABC's success. The affiliate was wrestling with a decision to divest a large portion of their business because of its apparent unprofitability. The traditional cost accounting that applied all manufacturing costs to products volumetrically suggested that a Marine Lubricant comprising nearly 20% of the total affiliate volume was losing money. In lubricant manufacturing, however, there is tremendous variability in the effort, time, and capital required to manufacture equivalent volumes of various products. Activity based analysis revealed that the Marine Lubricant was among the simplest and least expensive to manufacture on a unit basis. The existing cost accounting overstated production costs for Marine Lubricants by 300%! This was a real eye-opener as it corroborated the intuition that Marine business was profitable in Korea. The affiliate had grown in volume in the last few years mostly in the Marine product segment—and production unit costs had decreased, and profits had increased nearly 100% over that period. ABC analysis helped explain these results. What would have happened to cost/profit trends if the affiliate had grown in the most complex, expensive to manufacture products and segments? A similar relationship between manufacturing complexity and costs was seen in the other pilot as well. Figure 1 reveals the distortion which traditional cost accounting introduced in the costs to produce various products. As the tables show, the high volume, simple to produce products were subsidizing the low volume, complex products. Costs and profits were incorrectly reflected, thus distorting information and leading to incorrect decision making. When confronted with this new data, management asked the obvious next question regarding Sales & Marketing costs. Since all costs, excluding raw material costs, were volumetrically applied, it was reasonable to theorize that other costs were similarly distorted. What would the results be if costs related to customers and market segments were applied using activity based methodology? To answer this question, the initial manufacturing ABC pilots were extended to include Sales & Marketing costs. The results were equally revealing. Two new dimensions customers and market segments were added to the existing product dimension. This allowed a multidimensional view of the business with the dimensional hierarchy following the order of market segments, customers, and products. This analysis opened up a Pandora's box at Mobil. Traditionally a marketing controlled organization, marketing costs were not clearly identified and were assumed as fixed. By analyzing activities and their contribution to the market segment and customer dimensions, marketing expenses now became visible and identifiable. With visibility came accountability, and this was not necessarily welcome. As can be imagined, this created some resistance to ABC; some of which still exists today. Moreover, having activity information regarding Sales & Marketing at Mobil is still relatively new, and we are learning about the best ways to use the information. In the interim, we use the cost information to evaluate the profitability of multiple profit dimensions. To do this, we developed a common global profit value chain using Oros to establish a common Knowledge Management Solutions, Inc. January 2001 77 DRAFT (Not all Hyperlinks are Active) business language and develop a baseline for business discussions. (These replace the numbers reconciliation discussions which were prevalent before the adoption of the common profit value chain). Figure 2 shows the global profit value chain. Our current ambition is to help the business to understand costs and profits using the value chain and ABC methodology. When we begin using not only cost but also activity information, we will have migrated to activity-based management, the phase beyond activity-based costing. This advanced point is one which we have yet to reach. Current implementation progress The scope of Mobil's ABC initiative includes forty manufacturing locations and sixty Sales & Marketing affiliates (23 major affiliates and 37 minor affilitates). The project began in February 1997. By June 1998, ABC had been introduced to 32 manufacturing locations and twenty-two Sales & Marketing affiliates. By year end 1998 (less than two years after beginning the project), the plan is to have introduced ABC to all forty manufacturing locations and implemented Sales & Marketing ABC at the 23 major affiliates. By year end 1999, ABC will be implemented at the remaining smaller marketing affiliates in a cluster approach. During this time frame, the focus will shift from implementation to communication and ongoing use of ABC. To get to the next level, tremendous challenges must be faced in the manufacturing and marketing affiliates that have begun implementing ABC. A critical period in an ABC implementation occurs during the lull after the initial excitement of the tool's introduction. Once ABC is introduced, an all too human tendency is to put it aside, because it is an unfamiliar and not yet natural methodology. If this is allowed, ABC becomes a onetime exercise and most of the initial implementation work is wasted. During this vulnerable period, continual focus must be maintained. Critical in this is communicating the steps (and the resources) required to complete the phases of ABC implementation required to make a real and continuing difference which can impact an organization's P&L (See Figure 3). ABC is not a one-time, static exercise. It is an evolutionary process which requires effort, time, and patience. Many organizations don't get past Phase 1 of ABC implementation, primarily because they lack continued focus and resource commitment. Only organizations with long term focus, patience, and senior management commitment are likely to make it to the latter phases of ABC. At Mobil, there is a normal distribution of affiliates at different phases of ABC implementation. Most affiliates have migrated to Phase 2; some are still mired in Phase 1 with very little progress; and a few have progressed to Phase 3 and are actively using ABC to make everyday business decisions. The principle differences between affiliates Knowledge Management Solutions, Inc. January 2001 78 DRAFT (Not all Hyperlinks are Active) at Phase 1 and Phase 3 are clear—local management buy-in and resource commitment. Expected benefits The expected benefits of ABC can be defined from both local and regional/global perspectives. Local benefits • • • • Identification of (non) profitable market segments/customers/ products. Identification of process costs (enable outsource/capital investment/ divest/pricing decisions). Reproducible activity based business scenario building using Oros. Inter-department communication/ cooperation leading to better (congruent) strategy building "actions yield predicted reactions." Regional/global benefits • • • • Meaningful benchmarking/best practice sharing between affiliates now "applesto-apples comparisons" due to adoption of common ABC methodology and common profitability evaluation. Global manufacturing network optimization meaningful product sourcing from the 40 LOBPs with potential capacity reduction. Better inter-affiliate communication/cooperation. Better regional/global strategy building Like most corporate initiatives, the desired ultimate outcome of ABC is improved profits. But ABC is only information which can be used to make decisions which can potentially improve the bottom line. It is not a panacea nor a source of magical answers that translate to profits. Without good people who understand both ABC and the business to make good decisions, ABC is only an intellectually diverting accounting exercise. When used correctly, though, it is a powerful tool that highlights business improvement opportunities. ABC has the potential to sharpen and focus the strategic direction of an organization by providing insights into its dimensions of profitability. Activity-based management (ABM) flows from a deep level of an organization's internal understanding of activity based concepts. Through analysis of activity drivers, ABM provides insight into why an organization's dimensions of profitability are profitable (or unprofitable). ABM provides decision makers with a lever to change and improve a business by managing the level of activities. Solid understanding of processes, costs associated with them, and returns from these processes is a precursor to making better business decisions, with positive impact on the bottom line. Without activity analysis, an organization only sees in itself what is captured in the ledger and no deeper, and hence is not able to fully comprehend its strengths and weaknesses or the reasons for such. Knowledge Management Solutions, Inc. January 2001 79 DRAFT (Not all Hyperlinks are Active) ABM is a long-term goal at Mobil. We believe that ABC will logically lead to ABM because the changes in business dimension profitability will lead to the reasons why. Using ABC an organization can build a baseline of its business by getting its core processes under control. Once that line in the sand is drawn, improvement opportunities can be seized and exploited. More over, by sustaining ABC, subsequent improvement initiatives can be measured. The quality of the results from an ABC initiative depend a great deal on the decision makers. As with any tool, the skill of the hands on the tool determine whether the results are ordinary or elegant. In the hands of a novice, a Stradivarius is only a violin, and the music it makes is not much better than any other violin. A Stradivarius in the hands of a master, however, produces sounds of unmatched quality. The ABC potential is great. To actualize ABC's potential lies with its users. We firmly believe ABC will help us reach our target of a 33% increase in after tax profits by the year 2000. Lessons learned Here are three important lessons learned from this global initiative: • • • Manage expectations Evaluate local systems information prior to implementation Involve people with the correct skill sets to implement and sustain ABC Managing expectations is critical to keep the ABC momentum going after initial implemetation. ABC takes real effort to establish and sustain within an organization. We believe that the cycle of ABC introduction to its evolution to ABM is no less than a twoyear proposition, and this involves concerted effort within these two years. This is not to say that information from ABC can't be used before the cycle is complete. On the contrary, there will be many uses of ABC information in the interim. A static point in time ABC analysis of the dimension of profitability of an organization is very useful and can have major strategic implications. Many organizations use ABC to redirect their current strategic focus. But to fully leverage ABC/M and institutionalize it into the business culture of an organization, the ABC/M cycle must be allowed to run its full course. For this to happen, there must be resources within the organization focused on implementing, validating, streamlining, automating, and communicating ABC information. Depending upon the size and culture of an organization, the resources required vary. Within Mobil, managing expectations has been a major challenge. One widespread but unrealistic belief is that ABC is a "plug-in-and-go" solution. Continual communication is slowly eroding this belief, and resources are aligning to support ABC. A recurring question asked when resources are needed and justification is required is "What has ABC done for me so far?" When the answer is that ABC is a process that will yield the desired benefits only if the proper resources are assigned to it, the Knowledge Management Solutions, Inc. January 2001 80 DRAFT (Not all Hyperlinks are Active) conversation has the potential to become a circular argument very quickly. To break out of this closed loop, there must be a small "leap of faith." Examples of small victories or successes of ABC both within and outside the organization can help. These examples can also help allay management's impatience to get results. This statement may not be culturally or organization behaviorally correct, but top management commitment and a top down driving of ABC initiative seems to be the most effective method to implement ABC and ensure its sustainability. This has certainly been the case at Mobil. Another critical barrier to ABC implementation has been data integrity and availability from information systems. ABC is not and should not be a solution to fix data integrity from poor information systems. ABC is only as good as its inputs. Many affiliates within Mobil have looked to ABC to somehow correct data integrity problems existing within their present information systems. This expectation is incorrect on two accounts. First, ABC is not capable of doing this on a sustainable basis: this requires manpower and intensive data manipulation. Second, this doesn't resolve the real problem of data integrity and availability from existing information systems. In every ABC implementation at Mobil, our motto has been "We'll build the best ABC model with the data available from existing information systems." The pilot implementations taught us that our task was not to re-engineer data resident in systems such as JDE and SAP. This in itself is a substantial task. We realized that we would never meet our objectives and goals if we attempted to do this. In instances which data integrity, availability, or accessibility was a problem, we identified this to the local management and built ABC solutions capable of using the data when it became integral or available. The identification of data problems became an unanticipated outcome of the ABC implementation process. The Mobil ABC model requires fundamental data from information systems data which must be available independent of ABC. This data is generally scattered and its integrity is not often validated. ABC brings many of these key business data elements into a business profitability model. To balance a profitability model, the data elements must match in assumptions and timing and be accurate. This was a persistent problem throughout the Mobil network. An unanticipated outcome of global ABC implementation was the identification of the quality and usefulness of information systems in each affiliate. At Mobil, we've learned that ABC is not easy. There are many elements such as management support, good data, and ample resources that are prerequisites to successful implementations. Even if all of the prerequisites are in place, ABC is susceptible to failure if the local implementation team does not have the technical and communication skills required to build an ABC model and effectively communicate the results. Building a reproducible model in Oros requires substantial database management skills, keen knowledge of the business, and good working knowledge of the software. It is critical that local personnel be trained for these skills. Moreover, the group with ownership of ABC must have visibility as well as credibility within the organization. ABC must be communicated to the business. If this is not done, it becomes an isolated tool used only by a select few with access. The more people with access to ABC information, the better the buy-in and the deeper the ultimate impact ABC can have on an organization. This doesn't mean that everyone Knowledge Management Solutions, Inc. January 2001 81 DRAFT (Not all Hyperlinks are Active) should have access to the ABC model. Within the business, however, people should have access to information which they can impact. An important part of ABC is information collected from field personnel. So that they may provide the best input, they must be trained to understand the impact of their input. The best way to do this is to show them the output. The output will be challenged, but this is a healthy dialogue that can build a channel of communication that will ultimately help in developing a more accurate ABC model with better quality input. Next steps and conclusion The next steps are to continue implementations to new sites, support existing implementations and help them progress to latter stages of ABC, support the global lubricant manufacturing network optimization study, develop ABC best practice networks/databases, continue to train users, share the ABC experience with other business units within Mobil, and tie ABC to a performance measurement system. One of the exciting next steps we are exploring is using ABC information in our performance measurement system, the balanced scorecard. Within Mobil, the balanced scorecard is "the Bible" and the basis uponwhich variable pay (bonuses) is administered. By using ABC driver information as performance measures and a behavior modification tool, we hope to link ABC to strategy. This will have the effect of allowing businesses to visibly manage the levers (activity drivers) which translate to positive business outcomes—increased competitiveness and profit. If properly incorporated, ABC will be used at the operational mid-management level, and also at the strategic senior management level. If we can do this, ABC's place within Mobil will be comfortably assured. If senior management begins to view the strategic initiatives from an activity based perspective and begins to ask for activity-based information on a regular basis, ABC will transform from being a tool which is viewed as new or innovative, into one that is the norm; a tool which is an essential component to business decision making. When this occurs, the ABC/M life-cycle will have run its course and will be ready to evolve to more sophisticated uses. Some of us at Mobil are working to ensure that we get to this inevitable point before our competitors. We are confident that we will succeed. Tom Kang is the Global Planning/ABC-ABM Support Manager for Mobil Corp. Mr. Kang's current responsibilities include managing the global implementation of ABC to more than 40 affiliates, while developing and applying the common profit value chain. Mr. Kang holds degrees in both Chemistry and Business Administration. http://www.bettermanagement.com/abcauthority/library/case_studies/oil_gas/#tomkang Knowledge Management Solutions, Inc. January 2001 82 DRAFT (Not all Hyperlinks are Active) 3.0 U.S. Airways – Implementation Lands $4.3M in Process Improvement Savings by Joe Donnelly and Dave Buchanan US Airways is one of the world’s leading air carriers and one of its largest. It is also one of the largest U.S. airlines and holds the dominant market position in the eastern U.S. With about 42,000 employees, the company operates more than 2,000 mainline flights daily, serving more than 100 airports in the U.S., Canada, Mexico, the Caribbean and Gulf of Mexico, Germany, Italy, France, and Spain. The US Airways system also includes the US Airways Shuttle and US Airways Express, and the system as a whole operates more than 4,500 daily departures to more than 200 airports. The US Airways Powerplant Department, or aircraft engine shop, at the Pittsburgh International Airport, maintains and overhauls 350 jet engines powering 152 of US Airways’ 380 aircraft. When an engine arrives at the US Airways Powerplant Department for maintenance, it can have as many as 11 separate modules, which can be repaired or overhauled. In-house repair and overhaul capabilities focus on the seven model types of the Pratt & Whitney JT8 engine family. The engine shop operates 24 hours a day, five days a week. There are about 500 employees in the engine shop. The work force is divided into 24 separate, self-directed work teams. The majority of the powerplant employees are represented by the International Association of Machinists (IAM). US Airways and the IAM implemented a High Performance Work Organization initiative whereby they establish a collaborative work environment with common goals. Each work team develops its own charter and selects a team leader. Team members actively manage their work areas and identify opportunities for improvement. Understanding the Business Needs, US Airways needed detailed cost information with particular focus on engine overhaul costs. The lack of detailed operational and financial information did not allow management to fully understand the costs associated with producing or overhauling an engine and, to a lesser extent, the costs of each of the modules making up an engine. This led management to ask other key questions which would enable them to determine the business solution needed to provide this information. Some of the key questions included: • • • • • • What are US Airways’ critical business issues; What industry trends are driving these issues; What is the strategy to meet the needs of the changing business environment; What operational and financial information would provide decision support to meet these business needs; What level of detail is needed to manage; and, What frequency of reporting is needed? Knowledge Management Solutions, Inc. January 2001 83 DRAFT (Not all Hyperlinks are Active) The answer to each of these questions would provide insight to the action needed to deliver the necessary information. US Airways determined that more detailed and insightful information was needed to manage the business, drive improvement, manage costs, and support third-party pricing. The business solution would have to support each of these needs. Business Solution Activity-Based Cost Management (ABCM) was the business solution chosen for many reasons. ABCM could not only help determine the true cost of engine maintenance, but could also provide operational and financial information to be used by the self-directed work teams to identify opportunities for improvement. ABCM would also be the key enabler for US Airways to better understand the following: • • • • Repair in stock vs. buy new—inventory decision making; True cost of operations to support third party pricing; Operational metrics for improvement and bench-marking; and, Impact of improvements made by self-directed work teams. An ABC team was formed at US Airways to implement ABCM in the powerplant department. The team was composed of two full-time US Airways employees from the engine shop, a US Airways financial staff member, and two Arthur Andersen members. Project Approach The project was divided into four main phases. The phases consisted of introduction to ABC, data collection and information gathering, model building, and data analysis and reporting. Introduction to ABC Phase To ensure a common starting point, several meetings were held with all employees to explain the ABC project, why it was being undertaken, and the insights it would provide. These initial meetings served to achieve employee buy-in and support. Subsequent meetings were held with team leaders and representative members of each of the 24 work teams who were most familiar with the engine shop processes and who could describe the objectives and the benefits of the initiative. Data Collection and Information Gathering One of the initial steps in the data collection phase was to understand the level of cost object detail to be costed. By understanding the level of detail to be costed, the team could gain insight into the types of activities and the level of detail to be collected and measured. Once the products to be costed were understood, the team began to gather specific cost pool information. The team determined it was necessary to collect and Knowledge Management Solutions, Inc. January 2001 84 DRAFT (Not all Hyperlinks are Active) include the cost of rent, utilities, and benefits, which were paid by the corporate headquarters, in order to determine the true cost of the powerplant department. Costs were also collected for other areas known as the periphery groups which include Warranty, Stores, Training, and Purchasing. These are separate groups within US Airways who operate their own budgets and perform services not only for the powerplant department, but for other areas as well. These costs were also important to include in the analysis in order to understand the true cost of the powerplant department. Next, activities were collected from each of the work teams, including core and non-core activities, such as tear-down, welding, waiting for tooling, and rework. The diversity of the work force and layout of work areas into teams made collecting the necessary operational and financial information challenging for the team. The final activity dictionary included 410 activities across the engine shop, including 47 non-value added activities. Representatives from each of the 24 self-directed work teams were then interviewed to determine how their effort was distributed across their team specific activities. The activities were captured on team-specific spreadsheets and populated by the representatives based on percentage of effort. In addition, the spreadsheet design captured any cost diversity between the different engine types, which illustrated if certain engine model types required more effort for a certain activity. To assist the employees in completing the effort spreadsheets, a time conversion table was developed to convert the actual time spent on activities into percentages. The periphery groups who performed services for the powerplant department were also included in this process in order to determine the number of employees dedicated to powerplant tasks and the associated effort spent on those tasks. The team then attributed each of the activities as either core, support, contractual, or irrelevant activities to understand how the power-plant was investing its time and effort. Across all four phases of the project, project management controls were used to assist in defining the scope of the tasks and progress being made in completing them. These controls were essential considering activity information was needed for 500 people working three shifts, with 12 separate classifications of employees such as mechanics, welders, machinists, and inspectors—most with different labor rates. Obtaining the final cost and headcount per process was complicated as teams of people were dedicated to many different processes. A headcount control sheet allowed the cost management team to identify the true headcount associated with each of the processes. Another project control included a progress chart. This chart detailed each task the team needed to be accomplished for each of the 24 work teams. As the tasks were completed, the color-coded chart was updated. Using visual controls, any member could quickly see what remained to be accomplished as well as the scope of the remaining tasks. Model Building Using Oros Building the Model using the Enterprise Pack software, including OROS ABCPlus, EIS, and the Links Engine, the US Airways ABC team constructed its entire model with Knowledge Management Solutions, Inc. January 2001 85 DRAFT (Not all Hyperlinks are Active) import files. The first module to be constructed was the cost object module based on the level of detail determined in the data collection phase. The cost object hierarchy would accommodate the variability in levels of service for each engine type. Each engine has different maintenance needs or service levels; the model allowed US Airways to determine the true costs for each type of engine by each service level. The activity module was built next. The activity dictionary, developed earlier in the data collection phase, was easily imported into the activity module from a spreadsheet format. Finally, the resource module was built. The resource hierarchy was also imported from a spreadsheet format based on the level of detail determined earlier in the project. Driver data was imported after each module structure or hierarchy was in place in the model. The cost management team built intuitive abbreviated names and initials into its model reference numbers to help them diagnose any problems they might have during model building. In doing so, the team could immediately determine where specific account dollar amounts were derived. The use of these intuitive reference numbers proved to be invaluable during error and warning diagnosis by enabling the team to quickly pinpoint the problem areas. Once the model was running, it provided true cost information previously unavailable within the power-plant department. Data Analysis and Reporting After the model was built and the ABC data was available, the data needed to be analyzed and reported. The team first conducted reasonableness checks to ensure the model was assigning costs appropriately. Next, the team had to assimilate the data into a format that could be reported and easily understood by the engine shop employees. Report books were created for each of the 24 self-directed work teams with their individual results as well as a view of the entire engine shop. These reports were well received by the teams and validated their contributions during the data collection phases. Team leaders as well as all team members now had access to operational and financial information that would enable them to drive improvement, measure results, and cultivate process ownership. Project Results The ABC model output provided US Airways with operational and financial data to support strategic and operational decision making. The ABC information identified process improvement savings opportunities for US Airways totaling $4.3 million per year and 63 full-time equivalents. The model output provided numerous operational and financial metrics which were not previously available. The self-directed work teams could now see the activities’ cost by labor classification and by shift. In addition, a rank order analysis for the activity costs was conducted. This view provided insight into the most expensive non-value added activities occurring in each work team. This information was immediately available to begin analysis for process improvement opportunities. For example, one work team found they spent about 80% of their effort or $85,000 per year reinspecting due to the use of an older piece of inspection equipment. The ABC information justified the purchase of the new piece of inspection equipment, the cost of which was less than the $85,000 spent on reinspection each year. The team, now equipped with operational and financial information, needed to capitalize Knowledge Management Solutions, Inc. January 2001 86 DRAFT (Not all Hyperlinks are Active) on the identified opportunities in response to the business issues set forth at the beginning of the project. The ABC model output could now be used to support the business through: • • • • Support of repair vs. buy inventory decisions; Understanding the true cost of operations to support pricing; Supporting benchmarking; and, Providing a baseline for measuring improvements by the self-directed work teams. Although irrelevant activities were identified, root cause analysis would have to be undertaken by the team to identify the causes for the effort. Upon identifying the true cause, the company and teams will be able to eliminate or reduce the impact of nonvalue added activities. The ABC team now publishes a unit cost guide three times a year. This guide details per unit costs for each of the seven engine types and their modules. Next Steps Powerplant management made the decision to update the cost model on a trimester basis. Therefore, every four months, headcount for each of the teams and processes will be updated in the model. Plans also call for annual activity and effort updates via the effort grids, which will provide progress reports on process improvements made by the self directed work teams in the engine shop. When the engine shop undertook this ABC project, there were a number of shortcomings in the ability to provide necessary operational and financial data for the cost model. For example, while the company knew how many engines it produced, there was not accurate information on how many modules were produced. As a result, the team set up procedures to capture accurate production by engine and by module. The ABC team now publishes a monthly engine and module production summary for the powerplant department. The team also found weakness in tracking for overtime costs. Many of these costs were grouped together, which did not allow a view of what team or discipline actually incurred the costs. The cost management team brought greater detail to these costs by using an overtime report, also published monthly. The need for accurate and timely data to support the cost model will drive the team to continually validate their data frequency, source, format, and capture methods. Communication of results is an ongoing effort. The team will need to communicate ABC results to the people who can and will implement change. Joe Donnelly is a Senior Manager with Arthur Andersen’s Advanced Cost Management Team. With 15 years experience, Joe leads implementation projects for clients in transportation, financial services, manufacturing, engineering, and philanthropic Knowledge Management Solutions, Inc. January 2001 87 DRAFT (Not all Hyperlinks are Active) organizations. Joe served as Chairman of the Capacity Management Interest Group for the Consortium for Advanced Manufacturing-International (CAM-I), and is a member of the ABC Technologies Affiliate Program. Dave Buchanan serves as co-leader for US Airways cost management implementation. With more than 12 years of experience in the airline maintenance field, his background includes serving as a licensed aviation maintenance technician. The authors would like to thank Eric Delegarza of Arthur Andersen’s Business Consulting practice in Atlanta for his assistance with this article. Knowledge Management Solutions, Inc. January 2001 88 DRAFT (Not all Hyperlinks are Active) 4.0 United Technologies’ Activity Based Accounting Is A Catalyst For Success by Robert Adams and Ray Carter, Otis Elevator Effective activity management requires examining activities to determine their efficiency, effectiveness, and how well they are leveraged. Activity-based accounting (ABA) facilitates this examination on a continuous basis. In addition to activity-based costing (ABC), Easy ABC provides a workable framework for devising effective activity-based accounting schemes. Emergence of Activity-Based Accounting ABA is another step in pushing the envelope to advance activity-based management (ABM). Once an organization has built a model, experienced some of the benefits, and is comfortable with the methodology, it makes sense to begin publishing and tracking the operation’s results in this manner to better engage the entire organization in ABM. Thus, ABA is simply defined as the organizing, reporting, and tracking of information in an activity format as well as developing product costs—standard and actual—and using resource and activity drivers to assign overhead. Overhead Classifications One concept of ABM is that all overhead consumption is not the same. In addition, some overhead or supporting manufacturing activities are more desirable than others. Further, each company will have its own set of unique issues that drives its cost structure and, accordingly, must customize overhead reporting to its needs. For example, some organizations have found it useful to highlight value-added versus nonvalue-added activities to eliminate waste. Two subsidiaries of United Technologies are using various ABM concepts. Otis Elevator is using the core management process improvers, problem fixers approach promoted by Blaxill & Hout. Carrier Corporation has adopted the unit, batch, product/process sustaining, structural format promoted by Robin Cooper and Bob Kaplan. Cooper and Kaplan popularized this methodology for grouping overhead into the ABM hierarchy categories of unit, batch, product sustaining, and structural. These classifications were somewhat modified to meet the particular business needs at Carrier, the world’s largest manufacturer of air conditioning and heating products. However, in principle, Carrier’s methodology maintains the same concepts promoted by Cooper and Kaplan. The distinction between these groups is based on their activity drivers and their variability basis. Carrier uses this approach to improve operational and strategic decisions by highlighting how cost changes with column and complexity. Complexity costs—batch and product/process sustaining—are associated with the structure, congestion, and flexibility of the plant. These costs rise with increased variety, especially in a traditional manufacturing setting. Carrier defines each category in the following way: Knowledge Management Solutions, Inc. January 2001 89 DRAFT (Not all Hyperlinks are Active) • • • • Unit. This activity or cost occurs every time a unit is produced. An example is the utility cost for production equipment. This level of activity usually relates directly to production volume. Batch. This is an activity performed for each batch produced or acquired. Examples include the movement of raw material between the stock room and a production line or setting up a machine for a run. Product Sustaining. This is an activity performed to maintain product designs, processes, models, and parts. Examples include expediting parts, maintaining the bill of materials, or product change orders. Sustaining activities are required for supporting a key manufacturing capability or process. Structural. These are activities performed to enable production to occur. Examples are managing or cleaning the building. These activities are fundamental to supporting the business entity at the most basic level. Once Carrier customized Cooper and Kaplan’s ABM hierarchy categories to fit the organization, we began our ABM implementation. Chart of Activities Extensive interviewing was performed to determine what key activities needed to be reported at the plant manufacturing level. The results of these discussions became a standardized set of activities and accounts that became the framework of the plant’s activity management efforts. This "chart of activities" is now the preferred reporting tool at carrier for any part of the organization—from the manufacturing cell to a complete division. Essentially, this chart of activities is analogous to the traditional chart of accounts that is common in traditional financial reporting systems. But unlike traditional financial reporting systems, the categories were customized to fit the organization’s needs. At a minimum, most plants’ activities are reviewed to determine the appropriate classification into one of the recognized activities. As a result, the activity accounting report from an individual cell naturally rolls-up into the activity account report at the plant level and ultimately into a complete division’s group of plants. Thus, senior management can see the critical activity consumption at any desired level of the organization. The initial chart of activities at Carrier is based on the previously mentioned Cooper and Kaplan framework of unit, batch, product sustaining, and structural. These are the broad categories for activity reporting. They’re also the most relevant for reporting factory results at the plant of division level. A series of discussions and senior management reviews resulted in the identification of 27 individual activities and 8 accounts. Improving Factory Accounting By using the standardized set of activities, it’s now possible to report the consumption of expense at the factory in a more precise and relevant manner. Rather than report departmental or plant expenses based on general ledger expenses, we’re now able to report using the chart of activities and the general ledger account/activity mapping Knowledge Management Solutions, Inc. January 2001 90 DRAFT (Not all Hyperlinks are Active) determined from the prior ABM analysis. The activity mapping is simply the detailed composition of assigned costs to an activity from the general ledger accounts. In terms of Easy ABC, it’s simply the assignment from the resource module (general ledger accounts) to the activity module. Once this mapping is established, period results are readily converted into the improved factory accounting format. Now management quickly understands in "activity terms" what happens during a reporting period. Material handling, expediting, shipping, sustaining engineering, and other activities are easily traced to the lowest level of the organization with the same consistency in reporting and classification. Prior to adopting this system, the traditional system often resulted in a garbled answer to the most basic questions. This is particularly true as inquiries were passed through several layers of the organization. Many times, nuances in the general ledger systems at different plants within the same division made reporting and comparison of activities at the unit, batch, product sustaining, and structural level very difficult. Continuous Improvement, TQM, and ABA Prior to the ABM implementation, Carrier used the traditional manufacturing accounting methods, even though there was a long standing criticism that these methods lacked relevance in a modern manufacturing environment. For example, absorption-based accounting at Carrier encouraged overproduction, overemphasis on direct labor, and one-sided sourcing decisions. With the use of ABA framework, carrier gained a better understanding of the manufacturing process through a better linkage between manufacturing processes, relevant nonfinancial performance measures, and overall plant profitability. And with this understanding, the path toward continuous improvement was put in place. One of the more valid criticisms of continuous improvement and total quality management (TQM) programs is that they’re often initiated without linkage to financial performance. A misguided quest for improving the process and encouraging intuitively sound manufacturing practices can lead to disastrous financial results. Even in-depth and complete analyses do not reinforce desired behavior. This is especially true when these analyses are supported with traditional product costing and expense accounting. As a result, the use of traditional manufacturing accounting systems often only perpetuates the existing sub-world-class manufacturing performance. The revised factory accounting methodology, ABA, allows for the same degree of control of overall plant expenses, yet reinforces the intuitively correct behavior initiated with the ongoing continuous improvement and TQM programs. Overall department or plant costs are controlled by monitoring the total cost of a given activity or a group of activities. The traditional expense account detail is also maintained for the particular activity or activities. And as a result, management is able to quickly determine improvement opportunities for a given process. In addition, the ABA methodology provides the information necessary to set relevant Knowledge Management Solutions, Inc. January 2001 91 DRAFT (Not all Hyperlinks are Active) non-financial measures and targets to monitor the improvement of the process. And because the activity cost is inherently linked to expense accounts, it’s possible to determine the financial impact resulting from the process improvement. Based on this more detailed understanding of the process and its linkage to plant expenses, Carrier put specific budgetary control limits in place. Important to the continuous improvement process at Carrier is an ongoing understanding of both the quality and quantity of manufacturing activities. Kaizen efforts must be supported with financial analyses that accurately reflect the true cost of manufacturing processes. The new reporting format helps focus attention on the underlying activities. With this increased understanding, cost recourses are improved by performing fewer activities and/or performing them more efficiently and effectively. This focus is sure to lead to bonafide cost improvements. Note the following example: Purchased Parts Receiving = Number of Receipts/Cost per Receipt Kaizen efforts are focused on reducing total receiving resources. By improving product designs to use fewer and common parts, the number of receipts is reduced. Further, having suppliers deliver materials presorted in ready-to-use quantities and ready-to-use condition greatly improves the efficiency of the receiving process. The existing ABM model can be readily modified to reflect these changes in use of resources. In each reporting period, the purchased parts receiving activity cost is dissected to review the progress of implementing these cost improvements. Management now has immediate process feedback as to the success of the Kaizen activity. Moreover, this simple formula provides a starting point for refining the Kaizen activity. This approach is also valuable for evaluating process improvements on a pro-forma basis. The EasyABC ABM model is readily modified to show any number of hypothetical changes in the cost of activities, activity drivers, and driver quantities. Consequently, plant layout, cell location, and capital purchases can all be analyzed in terms of the expected ABM cost. Improving Accounting Standards Horngren and Foster define standard costs as "carefully predetermined costs that are usually expressed on a per unit basis; they are target costs, costs that should be attained. Standard costs help to build budgets, gauge performance, obtain product costs, and save bookkeeping costs. Standard costs are the building blocks of a flexible budgeting and feedback system." As standard costs drive a number of decisions throughout the organization, the change to activity-based costs will force the organization to address some of the prior dysfunctional decisions. For example, marketing will have to reevaluate many product line decisions when faced with the new margin reports. At the factory level, the strategic make vs. buy analysis will be drastically altered when using the activity-based standard Knowledge Management Solutions, Inc. January 2001 92 DRAFT (Not all Hyperlinks are Active) costs. The supply management process will change because previously nonburden purchased components will show significantly higher activity-based costs. As a result, Carrier’s factories are already expanding the traditional "supplier to customer" relationship to reduce the overall activity based costs of purchased components. Changing the standard costs is an important step in changing the factory reporting. It provides reinforcement for activity management and provides a clear linkage between product costs and manufacturing activities. Consequently, the new factory reporting provides the proper visibility to effective process management and the results will be adequately reflected in the new activity-based standard costs. Using Easy ABC to Set Up an ABA Framework Activity accounting schemes can be set up in EasyABC using one of two methods. The choice of either method is dependent on the size of the model, required response time for reporting, and personal preferences. At Carrier, we have successfully developed models using both methods. However, Method 1 described in the next section, is more suited for the detailed ABA framework discussed earlier. Method 1: Using Attributes During the data collection process, activities are assigned with an activity-type attribute and an activity classification attribute. For example, the purchased parts receiving crib has an activity appropriately titled "purchased parts receiving." Using the framework developed at Carrier, this activity gets the batch attribute (most receiving activities are classified as batch-type activities under the Kaplan overhead analysis framework). Then, the activity is classified as either moving material or receiving material, depending on the specific content of the activity. Using this technique, an organization can easily create any variety of ABA frameworks. At Otis, we tagged with attributes all manufacturing activities as either core management, problem fixers, or process improves. Still others have adopted a primary and secondary activity approach. Regardless of the scheme, attributes provide a powerful tool for activity accounting. Method 2: Using Activity Centers & Accounts An alternate method for developing an ABA framework is to build the accounting structure directly into the structure of the activity module. At Carrier, unit, batch, product sustaining, and structural activities are grouped into separate centers. Activity names are used to identify the type of activity vs. describing the particular nature of the activity. For example, the purchased part receiving activity described previously is simply named "receiving material" or "moving material." Successful ABM models with detailed activity accounting information have been developed by simply using the chart of activities and appropriately naming activities during the interviewing process. Computationally, this approach is much easier for the software to handle. However, the loss of the descriptive naming does make supporting ongoing process improvement more cumbersome. ABA Essential for Positive Change Knowledge Management Solutions, Inc. January 2001 93 DRAFT (Not all Hyperlinks are Active) EasyABC provides powerful features for developing ABA frameworks. At united Technologies Carrier, and recently at United technologies Otis, ABA is essential in driving effective activity management. If the objective is cost control, process improvement, or improved performance measurement, ABA is a catalyst for success. Robert L. Adams has over ten years of divers manufacturing and financial consulting experience. He has worked in various capacities at General Motors, Ford Motor Company, Coopers & Lybrand, and with United Technologies. Presently, he is the Program Manager for the activity-based management effort at United Technologies Otis Elevator Company—New Equipment Business. Prior to joining Otis, Bob was corporate coordinator for a number of ABM projects at United Technologies Carrier manufacturing facilities. In addition, he was the program manager for the implementation of the revised factory accounting methodology at the Carrier NAO Plants. He holds engineering degrees from Massachusetts Institute of Technology (MIT) and Purdue University, and an MBA from the University of Michigan, Ann Arbor. Bob is a Certified Public Accountant, a Certified Management Accountant, and a CFA candidate. Ray Carter is the Director, Cost Improvement for Carrier’s worldwide operations. He has held financial-related positions at Blue Cross-Blue Shield of Minnesota, Honeywell, and United Technologies Carrier. For the past ten years, Ray has focused on using advanced cost management techniques and effective performance measurements to help businesses return to acceptable profit levels. Ray has worked on activity-based management models in a variety of environments, including high-volume repetitive production, job shop, and city government. Prior to his current assignment, he directed the cost management activities for Carrier’s North American Operations where he used activity-based management concepts to stimulate actions to reduce complexity-related cost and revise the manufacturing accounting methodology. Ray holds a BA in Accounting from Howard University and an MBA from the University of Rochester Simons School of Business. Knowledge Management Solutions, Inc. January 2001 94 DRAFT (Not all Hyperlinks are Active) 5.0 The Change is Forever: Activity-Based Costing and Management in the United States Marine Corps Knowledge Management Solutions, Inc. January 2001 95 DRAFT (Not all Hyperlinks are Active) References www.bettermanagement.com Knowledge Management Solutions, Inc. January 2001 96