scholarly journals The Strategic Framework of Cost Management for Production Competitiveness: World Experience

2018 ◽  
Vol 7 (4.3) ◽  
pp. 432
Author(s):  
Valentina Dubovaya ◽  
Anna Komelina ◽  
Shamila Hassan Ismail
Keyword(s):  
Value Chain ◽  
Operations Management ◽  
Cost Management ◽  
Activity Based Costing ◽  
Value Chain Analysis ◽  
Target Costing ◽  
Value Analysis ◽  
Chain Analysis ◽  
Key Concepts ◽  
Management Techniques

Purpose of the article is to analyze the concept of production competitiveness and develop framework of cost management. A variety of cost management techniques requires the identification of their relationship with the requirements of operations management. Identified seven key concepts of operations management, analyzed their essence, information requirements. Systematized cost management techniques accordance with modern concepts of operations management such as: standart-costing, break-even analysis, direct-costing, life-cycle costing, target costing, value analysis, functional analysis, activity-based costing, sensitivity analysis, JIT-costing, kaizen costing, activity-based cost management, value-chain analysis. The aim of the article is the establishment relevance of costing methods with the key concepts of operations management companies.  

scholarly journals The association between strategic cost management and enterprise risk management: A critical literature review

2011 ◽  
Vol 9 (1) ◽  
pp. 184-195
Author(s):  
Mohamed Elsayed ◽  
Ananda Wickramainghe ◽  
Marwa Abdel Razik
Keyword(s):  
Risk Management ◽  
Value Chain ◽  
Positive Relationship ◽  
Cost Management ◽  
Enterprise Risk Management ◽  
Value Chain Analysis ◽  
Total Quality ◽  
Strategic Cost Management ◽  
Chain Analysis ◽  
Enterprise Risk

Reviewing literature and application of strategic cost management (SCM) and enterprise risk management (ERM) are critical and significant for corporate management to facilitate top management to employ appropriate SCM and ERM processes and systems especially in occurrence of constant and regular business turn around, crises and turbulence in recent time in world of business. This paper revisits and reviews the association between strategic cost management and enterprise risk management. Based on this review, the following propositions were developed; firm, which adopted SCM, is more likely to adopt ERM approach, there is a positive relationship between audit type and the association between ERM and SCM, and there is a positive relationship between company size and the association between ERM and SCM. The association between ERM and SCM differs from industry to another. The study also develops a framework for SCM composes of the following items: SWOT analysis, benchmarking, competitive advantage, value chain analysis, implement strategy that reduce cost during the value chain analysis by using target costing, accounting based-costing, accounting based-management, just in time, total quality management, life cycle, theory of constraints, and measure performance by using balanced scorecard.

scholarly journals Analisis Rantai Nilai Sebagai Upaya Untuk Meningkatkan Keunggulan Kompetitif (Studi Kasus Pada UD. Ijen Batik Bondowoso)

2021 ◽  
Vol 1 (1) ◽  
pp. 12-24
Author(s):  
Nia Amelia Damayanti ◽  
Diyah Probowulan ◽  
Ari Sita Nastiti
Keyword(s):  
Competitive Advantage ◽  
Value Chain ◽  
Secondary Data ◽  
Added Value ◽  
Primary Data ◽  
Value Chain Analysis ◽  
Value Analysis ◽  
Chain Analysis ◽  
Marketing Activities ◽  
Surrounding Areas

UD. Ijen Batik Bondowoso is a company engaged in the production of batik for the Bondowoso and surrounding areas, even outside Java and abroad. Competition for batik products in Indonesia makes companies have to increase UD's competitive advantage. Ijen Batik needs to do a strategy. This study aims to analyze the value chain of batik products made at UD. Ijen Batik Bondowoso. Value chain analysis is one way of looking at business as a series of activities that convert inputs into outputs that are of value to customers. This research uses qualitative method with case study method. The type of data used is primary data and secondary data with data collection techniques through observation, interviews and documentation. The results show that the value chain actors consist of suppliers, companies, wholesalers and retailers. In the added value analysis conducted at the time of batik production, it shows an added value of 213,000.00 or 81.3%/per unit. This is because the highest added value is obtained from sales and marketing activities. Keywords: Value Chain Analysis, Competitive Advantage

scholarly journals Study on marketing channel and value chain analysis of some commercially important marine fish species available in Cox’s bazar area, Bangladesh

2016 ◽  
Vol 3 (1) ◽  
pp. 195-201 ◽  
Author(s):  
Md Khabirul Ahsan ◽  
Subrata Kumar Ghosh ◽  
Nusrat Sultana Runa ◽  
Muhammad Mehedi Hasan ◽  
Md Kamal
Keyword(s):  
Marine Fish ◽  
Fish Species ◽  
Value Chain ◽  
Marketing Channel ◽  
Value Chain Analysis ◽  
Marine Fish Species ◽  
Value Analysis ◽  
Chain Analysis ◽  
Commercially Important ◽  
Fish Marketing

A study was conducted to investigate marketing channel and value chain analysis of some commercially important marine fish species available in Cox’s Bazar area, Bangladesh. Three commercially important marine fish species were investigated in respect to their marketing channel and value analysis: 1) Pomfret, Stromateus chinensis, 2) Jewfish, Otolithoides argenteus and 3) Hilsha, Tenualosa ilisha. Three marketing channels mainly encompasses from fishermen to consumers, namely the primary, secondary and retail markets involving sales agents, suppliers, wholesalers, commission agents, processors and retailers. A total of 120 fishermen and intermediaries involved in the channels were interviewed. A large number of intermediaries were found to be involved in the marketing channel and this group is believed to make huge profit, thus the prices of fishes were very high in the final consumer market. Marketing margin and profit also analyzed. Marketing margin for Pomfret fish, Jewfish and Hilsha were 21%, 27% and 27% of consumer purchase price, respectively. Poor road and transport facilities and large number of intermediaries in the chain were some of the major problems of marine fish marketing chain. It was therefore necessary to provide organizational support, government support, extension service and training facilities to the market operators for sustainable fish marketing systems.Res. Agric., Livest. Fish.3(1): 195-201, April 2016

Value portfolio in the multifunctional farm: new theoretical-methodological approaches

2012 ◽  
pp. 7-36
Author(s):  
Giuseppe Marotta ◽  
Concetta Nazzaro
Keyword(s):  
Value Chain ◽  
Value Chain Analysis ◽  
Value Analysis ◽  
Core Business ◽  
Boundary Shift ◽  
Chain Analysis ◽  
Governance Analysis ◽  
Methodological Approaches

La creazione di valore e stata oggetto di significativa attenzione nel dibattito economico- agrario, nazionale e internazionale, degli ultimi anni, portando allo sviluppo di nuovi approcci teorici che hanno permesso di reinterpretare i processi di riposizionamento funzionale dell'impresa agricola (multifunzionale). In quest'ottica, percio, la multifunzionalita permette all'azienda di rispondere alle nuove istanze sociali, consapevoli e responsabili, produrre benessere collettivo, integrare il reddito, individuare percorsi di creazione di valore socialmente responsabile. In questo senso, si rinnova la tradizionale visione della multifunzionalita, la quale da strumento di giustificazione dell'intervento pubblico in agricoltura assume valore di vero e proprio fattore strategico di vantaggio competitivo. Il paper propone un modello teorico che consente di analizzare come i processi di boundary shift portino alla creazione di un "portafoglio di valori" (PV) (Marotta, Nazzaro, 2010; 2011a, 2011b), e a nuovi modelli di impresa agricola multifunzionale e multi-valore. Sul piano metodologico, l'utilizzo della Value Portfolio and Multifunctional Governance Analysis (VPMGA) (Marotta, Nazzaro, 2010; 2011a, 2011b), ha permesso di validare empiricamente il modello del PV, in specifiche filiere agroalimentari e sistemi rurali della Campania, secondo un approccio che, integrando e completando la value chain analysis e la governance value analysis, si pone come innovativo e meglio rappresentativo delle specificita dell'impresa agricola multifunzionale. I risultati hanno permesso di verificare come il boundary shift e, quindi, il PV, consentono di diversificare il rischio, in situazioni di crisi, rappresentando una strategia competitiva per le imprese multifunzionali rispetto alle imprese che conservano il solo core business tradizionale.

scholarly journals Target Costing: The Key To Supply Chain Excellence

2011 ◽  
Vol 2 (11) ◽  
Author(s):  
Imad J. Zbib ◽  
Thierry Rakotobe-Joel ◽  
Ray Rigoli
Keyword(s):  
Supply Chain ◽  
Case Studies ◽  
Value Chain ◽  
Management Practices ◽  
Cost Management ◽  
Supply Chain Performance ◽  
Target Costing ◽  
Advantages And Disadvantages ◽  
Management Techniques ◽  
Integrated Cost

This paper provides a descriptive and qualitative analysis of how cost management practices should be redesigned to accommodate a shift from traditional management to value chain management strategies. First, the drawbacks of using traditional cost management techniques will be examined. Second, the advantages and disadvantages of using activity-based management will be explored. Finally, target costing and its impact on supply chain performance will be investigated through case studies. Our case studies illustrate how companies achieved better supply chain performance through integrated cost management techniques.

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