Activity-Based Management (ABM)

Activity-Based Management - A system of management that seeks to optimize the value added activities performed by the USPS enterprise while at the same time minimizing or eliminating the non-value added activities, resulting in overall improvements in the effectiveness and the efficiency of the Postal Service in serving its customers.

[Category=Postal ]

Source: USPS, 24 August 2009 11:22:03, http://www.usps.com/cpim/ftp/pubs/pub32/pub32a_g.html

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Activity-Based Management (ABM) - Activity-based management (ABM) is the use of the activity-based costing tool by process owners to control and improve their operations. Because process analysis is conducted in the building of an activity-based cost model, management knows its business much better and can consequently evaluate value-added and nonvalue-added activities. Because a certain volume of work produces a certain outcome, what-if analysis can be conducted to determine what resources are required of operations are scaled back or expanded.

[Category=Information Management ]

Source: Information-Management.com, 29 May 2010 12:22:30, http://www.information-management.com/glossary/a.html