Monitoring of Material consumption for the Production of goods by industrial Enterprises

Abstract

The article is dedicated to the problem of ensuring transparency of the information space in terms of the expenditure of material resources in the flow of value creation by an industrial enterprise. The objective need to transform the existing paradigm of corporate management of material resources involved in the production is motivated by global macroeconomic changes in market conditions, routing of goods, access to financial services, etc. Since it has been revealed that the planning and control tools used at the studied enterprises for the use of materials in the main production are insufficient for economical, rational and balanced management of the latter the authors have set an objective and purpose of the study to improve these tools, through the planning and control of the consumption of materials involved in the main production, using specified norms of their expenditure. In the course of the research, project and process approaches were used; the methods of preliminary, problem-oriented and complex types of analysis, observation, generalization, systematization, verification, as well as graphical visualization. It has been proved that the complex use of specified norms is one of the key elements of the information and instrumental or tool space formation for the productive implementation of the functions of planning and control of the expenditure and consumption of the materials; making operational decisions and developing long-term strategies for their effective use in the adding value flow.

Keywords

• material costs
• industrial enterprises
• the real sector of the economy
• rationing
• consolidated norms and standards
• specified norms
• planning
• monitoring