Cost strategies in manufacturing companies
Journal Title: Proceedings in Manufacturing Systems - Year 2018, Vol 13, Issue 4
Abstract
This paper aims to analyze the evolution of the instrumentation in management of accounting and position them in relation to the general principles of the Activity-Based Costing (ABC) method. In first part, it is studied the different uses of management accounting through the literature dealing with the evolution of practices. In this matter, it will be showed that accounting systems historically introverted and impregnated with the accounting today culture to emancipate itself in several directions. These developments allow us to study several techniques focused on marketing and competitive aspects of management, on the inter-organizational dimension and processes. In the second part,, the objective is, to analyze these developments in the light of general principles of the Activity-Based Costing (ABC) method. It is chosen the development on this method because in its foundations, it proposes a resolutely economic orientation of the management intended to assist managers in making decisions taking into account strategic, commercial and industrial contexts. The plan, thus, becomes a driving instrument. The basis of this approach is to redesign those processes that help improve five parameters: product features (product benefit), product quality level, rapid response to customer demand, type of service offered (customer satisfaction), manufacturing costs. The purpose of this article is to study the role of the cost-based strategy in the manufacturing industry. As far as case studies are concerned, the first concerns the cost-optimization process at the level of office activity, the second at the material procurement level, both targeting the Activity Based Costing method.
Authors and Affiliations
Valentina Zaharia, Daniela BORDEIANU
Keywords
Related Articles
- EP ID EP419402
- DOI -
- Views 128
- Downloads 0
Cost strategies in manufacturing companies
This paper aims to analyze the evolution of the instrumentation in management of accounting and position them in relation to the general principles of the Activity-Based Costing (ABC) method. In first part, it is studied...
Advanced parameterization of CAD-CAM process for machining rail wheels on a lathes
n this paper some aspects regarding advanced parameterization of a lathe cutting process for a specialized field – rail wheel machining are presented. A method was developed for obtaining an optimum NC file by taking int...
Remote control of hydrostatic drive mechanisms for hoisting machinery and logistics centers
The analysis of the crane or loader travel mechanism construction with hydrostatic drive and low-moment hydraulic motor has been performed. It has been proposed that the electric circuit of pump performance remote contro...
Laparoscopic robotized instrument
Robot-assisted surgery has many advantages over conventional surgery: greater spatial accuracy, dexterity and precision reliability, reproducibility and ultimately better patient outcomes. Investigations of current instr...
Effects of laser cladding parameters on microstructure properties and surface roughness of graded material
This paper shows the general properties of laser cladding that have recently added new possibilities for the local surface repairing of metal mechanical elements. Despite the fact that the technology for laser cladding i...