Quiet Logistic Case Study

This case study focuses on the strategic management accounting techniques used by Quiet logistics, the participation of management accountants in decision making, and the business strategy and formulation of Quiet logistics. It also discusses various techniques and methods employed by Quiet logistics in their operations.

Quiet Logistic Case Study

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
1. Analysis of Quiet logistics......................................................................................................1
2. Quiet logistic techniques ........................................................................................................1
3. Business strategy of Quiet logistic..........................................................................................3
4. Strategy formulation................................................................................................................3
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................4

INTRODUCTION
Strategic management is continuous planning, observing and evaluating and assessing all
the appropriate information in which business entity meet with its goals as well as objectives. All
the changes are required for business in order to analysis its different types of strategies in order
to get success. There are discussed about the Quiet logistic case study where are discussed about
the management accounting roles and participation in decision making procedure.
MAIN BODY
1. Analysis of Quiet logistics
(a) Strategic management accounting techniques
There are discussed different types of which is should apply by the quiet for proper apply
their strategies management such as:
 Be long term or forward looking: This is applying by the company in order to collect all
appropriate information in regard of the strategic decision making as well as planning
 Have external or outward looking orientation: It is essential for the all types of aspects
because it helps to collect all relevant information about the stakeholders, competitors
and customers.
 Strategic investment appraisal
 Performance management: Collect all the relevant information about staff members in
order to provide training .
(b) Management accountant should participate into strategic decision making procedure
 Effectively evaluating greater organisation issues instead of financial or cost oriented.
 There are providing greater orientation for customer where provide response in regard of
competitive and uncertain markets.
 Create close relationship with personnel across functions and managerial levels.
 Horizontally relating with different activities that help to all customers.
2. Quiet logistic techniques
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SMA
Technique
Category
SMA
Techniques
Discussion
Costing Attribute
Costing
It is related with products that appeal for the attributes.
Target Costing It is a method of product and procedure designing.
Value-chain
Costing
It is activity based approach in which collect all design, market and
many others.
Planning,
Control,
Performance
Measuremen
t
Benchmarking The comparison of internal processes to an ideal standard.
Strategic
Decision
Making
Strategic cost
management
The use of cost data based on strategic and
marketing information
Strategic
Pricing
The analysis of strategic factors in the pricing
decision process
Brand
Valuation
The financial valuation and analysis the strength of their brand where
focus on internationality, protection
Competitor
Accounting
Competitor
Cost
Assessment
It is a provision in which regularly planning and updated forecasted
competitor's unit cost.
Competitive
Position
Monitoring
To analysis the position of industry and observing trends of
competitors
Competitor
Performance
Appraisal
The evaluation of numerical activities to meet with the assessment of
competitive advantages.
Customer
Accounting
Customer
Profitability
Analysis
It is consisting of profit generated from particular customer.

Lifetime
Customer
Profitability
Analysis
It is consisting of extending the time horizon as per the profitability of
customer where consist of future years.
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Valuation of
Customers as
Assets
There are calculation of assets and compute valuation.
3. Business strategy of Quiet logistic
(a) Use strategic management accounting
 The strategic management accounting use by Quiet for planning, control and performance
management to measure all the activities in proper manner where identify all the
problems as per the requirement.
 The strategics management accounting mainly utilised by the business to collect all the
relevant information that helps to run all the business activities effectively.
(b) Management accountants are working for Quiet logistics
 It is required for any accountants to participator into strategic management procedure in
which provide all specific information in regard of business.
 Management accountants provide all specific information where they are playing as
active players in the strategic management procedure.
4. Strategy formulation
After the proper implementation it is analysed that there are applied specific formulation
in regard of business. The strategic formulation main concentrate on the final goods market in
order to overcome from the effective competition that impact on the business activities in direct
manner. Customers require to be retained as well as covered on the basis of network of strategic
variables other than cost.
CONCLUSION
As per the above report it has been concluded that strategic management accounting can
plays essential role in any business procedure where handle all the activities in appropriate
manner. It is using by business to effectively reflection on the different accounting methods
which is directly related with the cost structures and mainly focus on the goods market,
overcome from the competition. Along with supports firms to meet with all the global challenges
in order to compete with their competitors. There are providing different techniques like project
management. Additionally, roles of accountant in regard of different techniques.
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REFERENCES
Books and Journal
Fullerton, R. R., Kennedy, F. A. and Widener, S. K., 2014. Lean manufacturing and firm
performance: The incremental contribution of lean management accounting
practices. Journal of Operations Management. 32(7-8). pp.414-428.
Heinzelmann, R., 2017. Accounting logics as a challenge for ERP system implementation: a field
study of SAP. Journal of Accounting & Organizational Change. 13(2). pp.162-187.
Hitomi, K., 2017. Manufacturing systems engineering: A unified approach to manufacturing
technology, production management and industrial economics. Routledge.
Ismail, N. A. and King, M., 2014. Factors influencing the alignment of accounting information
systems in small and medium sized Malaysian manufacturing firms. Journal of
Information Systems and Small Business. 1(1-2). pp.1-20.
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