Dr. Narendra Bhat, VP Business Development, SCA Technologies, LLC recently spoke on "Strategic Cost Analysis - Tools for Management Excellence " as a keynote speaker at the Institute of Cost and Works Accountants of India, Delhi.

Dr. Bhat started with the explanation of the concept of Strategic Cost Analysis and how it can help organizations perform better in an ever changing global environment. He then explained on how Strategic Cost Analysis can help businesses in creating an Integrated Enterprise Decision Framework which is a critical factor for success today. Strategic Cost Modeling, he said, offers such a Reliable Predictive Framework by bringing together the Operational and Financial data of an organization. SCA has successfully applied such a framework to facilitate significant improvement in multiple industries.

SCA Technologies LLC (www.sca-tech.com) offer a unique solution enabling global organizations and manufacturing and supply chains to identify opportunities that can significantly improve their cost structure and improve the reliability and efficiency of their internal planning and decision making processes. SCA’s solutions use Operations modeling, Financial modeling using Activity Based concepts and Optimization as the basis for its predictive scenarios while using data from existing ERP or legacy systems. Applications of SCA ‘s solution include Costing, Activity Based Budgeting and Management & Decision support on a broad range of strategic and tactical business issues.