Building a Model for Optimization of Informational-Analytical Ensuring of Cost Management of Industrial Enterprise

Journal Title: Бізнес Інформ - Year 2015, Vol 9, Issue 0

Abstract

The article examines peculiarities of building a model of informational-analytical optimization of cost management. The main sources of information together with approaches to cost management of industrial enterprises have been identified. In order to ensure the successful operation of enterprise in the conditions of growing manifestations of crisis, a continuous improving of the system for enterprise management along with the most important elements, which are necessary for its normal functioning, should be carried out. One of these so important elements are costs of enterprise. Accordingly, for an effective cost management, the most appropriate management approaches and tools must be used, based on a proper informational-analytical support of all processes. The article proposes an optimization model of informational-analytical ensuring of cost management of industrial enterprises, which will serve as a ground for more informed and economically feasible solutions. A combination of best practices and tools to improve the efficiency of enterprise management has been proposed.

Authors and Affiliations

Ihor Lisovskyi, Yevhenyi Rudnichenko

Keywords

Related Articles

Compression of indicators in diagnostics of socio-economic development of a company: problems and ways of solution

The article shows the role of integral indicators and methods of their construction in assessment of the state of a company in dynamics of its development. It draws attention to the problem of comparability of values, ob...

Valuation of Intangible Assets (IA) of Investment Project on Production of Biofuel

The aim of this paper is to study the methods for estimating intangible assets (IA) of investment project on production of biofuel and to identify the impact of characteristics of biofuels production on IA. The topical p...

Estimation of Impact of Ecologically Directed Enterprise Activity on its Financial and Economic Indicators

In the article the influence of ecological factor, depending on the forms of its display, on the basic indicators of financial and economic, investment activity of economic agents is investigated. Interconnection between...

Developing a System to Diagnose the Financial Security of Trade Enterprises

The article is aimed at identifying the structural-logical progression of building a system to diagnose the financial security of trade enterprises with a view to improve the efficiency of its management. A structural-lo...

Methods of Management of Innovation Potential of Enterprise

The article is aimed to develop theoretical and methodological foundations for provision and implementation of mechanism for management of innovation potential. The objective of management of innovation potential is defi...

Download PDF file
  • EP ID EP101059
  • DOI -
  • Views 64
  • Downloads 0

How To Cite

Ihor Lisovskyi, Yevhenyi Rudnichenko (2015). Building a Model for Optimization of Informational-Analytical Ensuring of Cost Management of Industrial Enterprise. Бізнес Інформ, 9(0), 129-134. https://europub.co.uk/articles/-A-101059