Peculiarities of management by reducing the production costs at industrial enterprises
Journal Title: Науковий вісник Полтавського університету економіки і торгівлі. Серія "Економічні науки" - Year 2016, Vol 5, Issue 77
Abstract
The aim of the article is to examine the features of the management cost reduction at a manufacturing enterprise through the classification of the factors that lead to optimal production costs and the definition of the algorithm of the system analysis of management of industrial enterprises costs. Methodology of research. The solution of these problems at the article carried by such general scientific and special methods of research as: analysis and synthesis, generalization and systematization, the dialectical approach. Findings. Developed ways of increasing the efficiency of industrial enterprises through the production cost management. In the context of the trend towards loss of domestic enterprises, the most acceptable way of development of productive enterprises and improved financial results, in our opinion, is the use of a set of measures, which include cost reduction management. Practical value. The article substantiates that the implementation of the proposed production cost management measures will help improve the company’s financial condition. Main scientific article can be used in the practice of industrial enterprises.
Authors and Affiliations
N. Radionova
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