Abstract
The object of research is a system of strategic cost management at a machine-building enterprise. One of the most problematic places is building a model of strategic cost management, which is associated with modeling the processes of accounting and analytical support and the complexity of adapting cost management methods. Providing an integrated and systematic approach will help the company's management personnel to obtain a sufficient amount of information to manage both at the operational and strategic levels.The analysis of the current state of engineering in Ukraine is conducted on the example of a comprehensive analysis of the structure and dynamics of costs of LLC VEEM-Metallavtoprom (Lviv, Ukraine). This will help to find the strengths and weaknesses of the enterprise regarding the cost formation strategy. By deciding at a strategic level (for example, changing technology), it is possible to immediately get rid of a large number of factors at the operational level (production, commercial cost object).In the course of the study, modeling of accounting and analytical support processes for strategic cost management of the enterprise under study is applied based on the implementation of an integrated approach with the following components: strategic accounting, strategic analysis, information support. In particular, strategic accounting as an element of accounting and analytical support will provide information on the state of the external and internal environment of the company; financial and non-financial indicators to make informed decisions. The use of strategic analysis will ensure the influence of factors on the company's strategy, its behavior in the market, the possibility of competing and positioning, as well as strategic performance.However, the introduction of the model at the machine-building enterprise under investigation is associated with insignificant financial, organizational costs, which will not always ensure its high efficiency in priory. Additional opportunities will be obtained by the investigated enterprise, using the advantages of strategic accounting, strategic analysis, and management approach:improving the level of automation;introduction of measures that will affect the improvement of the quality characteristics of products;use of advanced methods for planning, accounting;view the range of products;improving the organization of production and labor.
Highlights
In the context of the globalization of the world economy, the recovery of the strategic role of the engineering industry and the improvement of its competitiveness largely depends on the system of strategic cost management
Strategic cost management is defined as a set of eco nomic, organizational and managerial procedures, tools and methods that are characterized by interconnections and continuity of implementation, and is aimed at achieving the competitive advantages of producing products with minimal costs [2]
The system of strategic cost manage ment is an urgent problem and requires research based on progressive tools of strategic analysis, modern methods and models of strategic cost accounting that can enhance competitive advantages in engineering enterprises
Summary
In the context of the globalization of the world economy, the recovery of the strategic role of the engineering industry and the improvement of its competitiveness largely depends on the system of strategic cost management. Strategic cost management is defined as a set of eco nomic, organizational and managerial procedures, tools and methods that are characterized by interconnections and continuity of implementation, and is aimed at achieving the competitive advantages of producing products with minimal costs [2]. There are separate cases of bringing to a lossmaking level In this case, there is a need to use additional features of the strategic behavior of the enterprise in the market:. – cost leadership; – product differentiation (works, services); – leadership in a narrow field of activity, on which the structure and behavior of its expenses substantially depend, the level of business risk. The system of strategic cost manage ment is an urgent problem and requires research based on progressive tools of strategic analysis, modern methods and models of strategic cost accounting that can enhance competitive advantages in engineering enterprises
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