Accounting and analytical support of inventory management in consumer retail cooperative enterprises: current realities and optimization trends

Abstract

Purpose. The article is a study of the existing organizational approaches reflected in the accounting system inventory information with the aim of optimizing their information requests to meet interested users. Methodology of research. The solution of these problems in an article carried by such scientific and special research methods: analysis and synthesis, generalization and systematization, the dialectical approach. Findings. The instability and uncertainty of the current market conditions require from consumer retail cooperative enterprises to seek new methods of management. In such circumstances, the optimization of existing accounting and analytical support of inventory management should provide advanced information flow and increased data analyticity than for current operations. Therefore, the integrated approach to accounting and analysis makes it possible to identify optimization ways to reform elements of accounting and analytical support in accordance to modern business purposes. Practical value. Organic combination and interpenetration of management tools and accounting are enable to offer for practical using the modern stock keeping unit (SKU). Organic combination and interpenetration of management tools and accounting are enable to identify inventory by SKU. The proposal promotes the gradual transformation of the traditional inventory accounting and allows to provide relevant information for the control process of the object.

Authors and Affiliations

N. Firsova

Keywords

Related Articles

Innovation of activity as a factor improve productivity

The purpose of the article is to identify growth stocks of innovative activity of employees. The article investigates the impact of innovative activity of employees to increase productivity. Methodology of research. Atta...

Motivational basis of promoting innovation in modern conditions

The process of fundamental changesin Ukraine accompanied by a radical reassessment of values and the aspiration to form a new paradigm of effective development. So, today in Ukraine is important to encourage innovation i...

Investments in restructuring the national economy: meaning and relationships

Purpose of the article is to identify common legal, administrative and economic measures of state regulation of structural changes and investment, the disclosure of important investments for the restructuring of the nati...

Agriculture of Azerbaijan and directions of its innovative development

The purpose of the article is to study the agriculture of Azerbaijan and ways of its innovative development. Methodology of research. The objectives of the article implemented by using the following general and specific...

Peculiarities of methods of management of transport companies development

The article describes the peculiarities of the methods of management of transport companies’ development using the ranking of strategic objectives in terms of strategic unexpectedness

Download PDF file
  • EP ID EP205324
  • DOI -
  • Views 68
  • Downloads 0

How To Cite

N. Firsova (2016). Accounting and analytical support of inventory management in consumer retail cooperative enterprises: current realities and optimization trends. Науковий вісник Полтавського університету економіки і торгівлі. Серія "Економічні науки", 5(77), 146-151. https://europub.co.uk/articles/-A-205324