Discrimination Trinity techniques for strategic cost management And the extent of adoption as pillars to achieve a competitive product Electrical Industries Company in contemporary business environment

	Discrimination Trinity techniques for strategic cost management And the extent of adoption as pillars to achieve a competitive product Electrical Industries Company in contemporary business environment
Al Kut Journal of Economics Administrative Sciences
Article 1, Volume 0, Issue 19, 2018, Pages 332-372
Abstract
ABSTRACT: The Benchmarking and re-engineering and information technology is the most important techneics of the cost management strategic. Since its great importance to focus on a customer, this study examines the advanced application of this techniques, which is based on the detailed assessment of the customer requirements aiming at defining the technical requirements that need to greater interest through the product development and design process, using the three techniques in order to define the importance level of the customer requirements and its available degree in the products of the State Company for Electrical Industries and its competitors represented by Air Cooled Engine product, The technical focus product which is established by researcher within the company did define the technical requirements for the product and based to the technical competitive assessment. This study based Trinity of Discrimination unique for cost management strategy techniques describing it as the approach that guides the company’s interest to achieve a superior customer value, where it was measured for the company’s product and its competitors, as well as defining the location of the company compared to the competitor before and after the applying of the Trinity of Discrimination unique for cost management strategy techniques. The analysis results showed how the Trinity of Discrimination unique for cost management strategy techniques contributed in possibility of passing the divergences and then achieving a positive total customer value more than it was before applying the Trinity of Discrimination unique for cost management strategy techniques. The study ended with some conclusions. The most important one is the weakness of an accurate definition of the customer's requirements and expectations, rather than the company weakness to devote the attention to the modern models and designs. The study concluded with several recommendations. The significant one is to devote the sufficient attention to the accurate definition to the customer requirements and the competitors benchmarking by adopting the Trinity of Discrimination unique for cost management strategy techniques as the way that ensure the response to the customer preferences and achieving the value that seeks for in his choice and preference for the company products over its competitors.

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