CRITERIAL APPROACH TO ANALYSIS OF THE COST MANAGEMENT SYSTEM OF BUSINESS STRUCTURES

Abstract

Abstract. The article presents the basic principles of a criteria-based approach to the analysis of the cost management system of business structures. The expediency of analysis for each stage of the cost management process is indicated. The stages of cost management are determined: development (adoption) of a solution, implementation of a solution and control. The method for calculating complex and resulting criteria for analyzing the effectiveness of the cost management system on the example of sewing enterprises is proposed. Among the main results of the proposed criterial approach, the assessment of the effectiveness of the cost management system of a business structure in the context of each stage of management and the possibility of comparing the effectiveness of cost management systems at different enterprises are determined. For each stage of management, the six local criteria have been developed and their quantitative characteristics are indicated to analyze the level of efficiency of the cost management system. Local criteria can take values from 0 to 1. For each of them, there are three options for the accepted value: the most and least effective and intermediate value. Local criteria are combined into a complex criterion. The complex criteria for each stage of management constitute the resulting criterion for assessing the cost management system of the business structure. The closer the obtained value of the resulting criterion is to 1, the more effective the cost management system at the enterprise becomes. The analysis of indicators of five leading domestic enterprises of the garment industry was carried out according to the given methodology. It was found that the performance indicators of each of the studied enterprises are almost half of the optimal result. It is noted that the researched enterprises need to focus on improving the existing cost management systems. Moreover, each enterprise has the cost management system with the different operating efficiency at each stage of management. That is, the proposed methodology allows enterprises to identify problematic aspects in the context of management stages and to make changes to the cost management system in order to increase its efficiency. Keywords: cost analysis, cost management system, management stages, local criteria, complex criteria, resulting criterion, business structure, sewing enterprise. Formulas: 2; fig.: 0; tabl.: 7; bibl.: 14.

Keywords

• cost analysis
• cost management system
• management stages
• local criteria
• complex criteria
• resulting criterion