Management Theory Review

November 28, 2025

Cornerstones of Cost Management - Don R. Hansen, Maryanne M. Mowen - Book Information

5th Edition, 2021

https://books.google.co.in/books?id=HhQcEAAAQBAJ&printsec=frontcover

Cornerstones of Cost Management

Don R. Hansen, Maryanne M. Mowen

Cengage Learning, 01-Jan-2014 - Business & Economics - 1120 pages

Hansen/Mowen's CORNERSTONES OF COST MANAGEMENT demonstrates the dynamic, exciting nature of cost accounting in today's changing business environment. The text first covers functional-based cost and control and then activity-based cost systems, giving students the understanding and skills to manage any cost management system. Cornerstones examples throughout each chapter provide students with step-by-step coverage of the How, Why, and What Ifs of solving and mastering basic cost management concepts, while also getting at the conceptual understanding that students often struggle to grasp. It includes CPA-Type Exercises in each chapter that have been taken directly from past CPA Exams or have been written by the authors to prepare students for their futures in business.

https://books.google.co.in/books?id=EUbAAgAAQBAJ

Interesting Book Contents

UpdAted 29.11.2025

November 24, 2025

Departmentation in Organizations - Review Notes

Principles of Management Revision/Review Articles - List

Departmentation by numbers

This simple-numbers method of departmentizing is useful to place undifferentiated persons under supervisors for managing them.

Departmentation by enterprise function

Henri Fayol identified technical, commercial, accounting, financial, security as five important activities and he added management as the sixth activities. Departments in organizations can be created based on the functions carried out by organizations. While functional departments are created under CEO, each functional department is further divided as needed into derivative functional departments to facilitate management following the span of control principle.

Departmentation by territory or geography

Departmentation by territory or geography is a commonly used method for physically dispersed enterprises. Sales departments used this method and Internal Revenue Service uses this method.

Departmentation by customer categories

The special and widely varied needs of customers for clearly defined service impel suppliers to departmentize on this basis.

Departmentation by process or equipment

In production function, this basis of departmentation is used.

Departmentation by product

The grouping of activities on the basis of product or product lines is steadily growing in importance in multiline large scale-enterprises.

Matrix organization

Matrix organization combines functional and project or product patterns in the same organization structure. In this structure, there are functional departments which have a functional manager, but members of the department are deputed to various projects or product groups. This form is common in engineering and research and development organizations or departments.

Strategic business units (SBUs)

SBUs are distinct businesses set up as units in a larger company to ensure that certain products or product lines are promoted and handled as though each were an independent business. To be called an SBU, the business unit must have its own mission, definable groupsof competition, have an integrated plan and budget, and manage its own resources in key areas. Each SBU is entrusted to a manager with the responsibility of guiding and promoting the product from the research laboratory through product engineering, market research, production, packaging, marketing, and he is responsible for the profit of the SBU.

While each form has its advantages and disadvantages, managers have to select the department for the situation based on the jobs to be done, ways in which it is done, the people involved and their personalities etc.

Mixing Types of Departmentation

The authors mentioned cases where different departments in an organization are organized in various forms. Even within a functional department like marketing, some activities may have territory based departmentation and some may have customer category departmentation.

Updated 24.11.2025, 3 May 2019, 2 Feb 2015, 6 Jan 2014, 12 Dec 2011

MBA Core Management Knowledge - One Year Revision Schedule

A criticism of Matrix Organization - Tom Peters - 1979

https://www.mckinsey.com/capabilities/people-and-organizational-performance/our-insights/beyond-the-matrix-organization

November 1, 2025

Supply Chain Resilience Index

https://www.achilles.com/products/supply-chain-resilience-index/

https://www.bain.com/consulting-services/operations/supply-chain/supply-chain-resiliency-index/

Developing a strategic supply chain resiliency index: an assessment of the global lithium supply for U.S. automotive EV battery production

Hazel He,Thomas Brush,Hua Cai,Dutt Thakkar,Steve Dunlop &Stephan Biller

Published online: 22 Jul 2025

we propose a supply chain strategic resiliency index (SRI) to comprehensively measure strategic SCR. The index integrates the consideration of supply network structure, supplier reliability (especially geopolitical risks), and each supplier’s contribution of material flow into a unified metric. Such an index can serve three primary purposes: (1) benchmarking the resilience of the existing supply chain, (2) evaluating the impact of strategic supply chain management decisions, and (3) assessing the resilience impact of new technology developments. As a use case, we analyzed the lithium supply chain of U.S. electric vehicle manufacturers, utilising real-world lithium imports and vehicle production data. Our results show that automakers are increasing their SCR, as exemplified by General Motors’ SRI increase from 27 in 2022 to 59 in 2023, and further to 65 in 2024.

https://www.tandfonline.com/doi/full/10.1080/00207543.2025.2534842#d1e330 (pdf downloaded)

October 28, 2025

Financial Advisors - USA

Model portfolios and third-party investment management

Learn about the wide range of professionally managed investments available through our Chief Investment Office and some of the industry’s leading investment managers

https://videos.bofa.com/video/1_0bwslg52

Tonya Gatt

Financial Advisor

504-586-7649

601 POYDRAS ST

NEW ORLEANS, LA, 70130

October 13, 2025

Deming On Management, Quality and Productivity

Deming Birthday - October 14

Out of Crisis

Preview

https://books.google.co.in/books?id=RTNwDwAAQBAJ

The Deming Route to Quality and Productivity

Road Maps and Roadblocks

By William W. Scherkenbach, William Edwards Deming · 1986

Preview

https://books.google.co.in/books?id=g5Y9GEMjjUUC

Ud. 13.10.2025

Pub. 4.12.2020

October 11, 2025

AI Agents in Procurement

By 2027, 50% of procurement tasks will be automated by AI agents (Gartner, 2024).

https://www.zycus.com/blog/ai-agents/procurement-2025-transforms-forever-with-agentic-ai

New Technologies and Industrial Engineering.

Industrial Engineers have to lead their organizations in understanding and adopting new technologies.

October 10, 2025

Artificial Intelligence - AI Agents in Supply Chain Management - SCM

22.4.2025

How to transform global supply chain operations with agentic AI

Authors

Gaurav Malhotra

Supply Chain Technology Leader

Ayoub Abielmona

EY Global GenAI Supply Chain Leader

A powerful technology is set to revolutionize supply chains through autonomous execution and real-time adjustments.

https://www.ey.com/en_us/insights/supply-chain/revolutionizing-global-supply-chains-with-agentic-ai

Within the world of procurement and supply chain operations, AI agents can handle a range of responsibilities including supplier management, pricing, purchase order history, supply chain management and market analysis. AI agents can shift orders to alternative suppliers, reducing downtime and bottlenecks within the supply chain.

https://www.ibm.com/think/topics/ai-agents-in-procurement

26.8.2025

Gopala Krishna Vemparala

https://www.linkedin.com/in/vemparalagopalakrishna/

26.8.2025

10 Real-World Agentic AI Use Cases in Procurement

Agentic AI is more than a buzzword—it’s where procurement can finally move from reactive to proactive. Instead of humans chasing data and tasks, AI agents take initiative, act autonomously, and collaborate with us.

Here are 10 practical ways we’ll see it in action:

1️⃣ Supplier Discovery – Agents scan global databases and news sources to propose new suppliers that fit cost, risk, and ESG needs.

2️⃣ Contract Drafting – AI agents pre-build contracts, highlight risky clauses, and suggest negotiation levers.

3️⃣ Category Insights – Automated category managers that track markets, price indices, and trends—then brief you daily.

4️⃣ Supplier Performance Monitoring – Continuous KPI tracking with instant escalation and suggested improvement actions.

5️⃣ Risk Sensing – Agents detect geopolitical, financial, or supply risks early and propose alternate sourcing.

6️⃣ Tail Spend Automation – AI buys routine items end-to-end within policy, freeing humans for strategic work.

7️⃣ RFP Orchestration – Agents manage timelines, supplier Q&A, and scoring to cut cycle times dramatically.

8️⃣ Savings Tracking – Autonomous validation of claimed savings against actuals in P2P systems.

9️⃣ Compliance Guardian – Real-time policy monitoring, ensuring every PO, contract, and supplier action aligns with governance.

🔟 ESG & Scope 3 Tracking – Agents collect, verify, and report sustainability data across the supplier base.

👉 The real shift? Procurement leaders move from managing processes to managing outcomes—with AI agents as co-pilots.

https://www.linkedin.com/posts/vemparalagopalakrishna_10-real-world-agentic-ai-use-cases-in-activity-7365948650000216065-l9v5

Ud. 11.10.2025

Pub. 26.8.2025

Pages