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

   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.

1. Kasyanova G. Yu. Cost of products, works, services: accounting and taxation. Moscow: ABAK; 2017. 424 p. (In Russ.).

2. Plotkin B. K. Evolution and the current state of logistics: forward to the supply chain. Vestnik fakul’teta upravleniya SPBGEU = Bulletin of the Department of Management of UNECON. 2018;(3): 76–81. (In Russ.).

3. Valiullina L. A. Improvement of material and technical supply at enterprises of production and technical maintenance and equipment configuration. Siberian Economic Bulletin = Sibirskij ekonomicheskij vestnik. 2015; (1): 81–90. (In Russ.).

4. Cherepanova T. G., Arbenina T. I., Makhinova N. V. Methodical approach to the analysis of the processes of material and technical support of the enterprise. Modern economy success. 2019;(1): 93–101. (In Russ.).

5. Kitaev A. V. Accounting of inventory items in industrial warehouses. Vestnik magistratury = Bulletin of the Magistracy. 2019; 1–2 (88): 151–153. (In Russ.).

6. Rubinchik I. A. Analysis of the regulatory regulation of internal control of the movement of materials. Aspirant = Postgraduate Student. 2015; (9): 79–86. (In Russ.).

7. Golova E. E. Features of the organization of accounting of material values in commercial organizations. Aktual’nye voprosy sovremennoj ekonomiki = Topical issues of the Modern Economy. 2022; (2): 251–258. (In Russ.).

8. Kolesnikova E. N. “Standard-cost” system and regulatory cost control in agricultural production cooperatives. Fundamental’nye i prikladnye issledovaniya kooperativnogo sektora ekonomiki = Fundamental and applied research of the cooperative sector of the economy. 2011;(4): 38–44. (In Russ.).

9. Sadykov I. F. Standard-costing in the conditions of ERP system implementation. Vestnik Kazanskogo gosudarstvennogo finansovo-ekonomicheskogo instituta = Bulletin of the Kazan State Financial and Economic Institute. 2007; 3 (8): 45–48. (In Russ.).

10. Demenkova T. Yu. Genesis of standard-costing, target-costing and just-in-time methods as a basis for improving the cost management system. Molodoj uchenyj = Young Scientist. 2017; (23): 43–45. (In Russ.).

11. Kushnareva I. V. Features of accounting and cost management systems standard-costs and direct-costing. Sovremennye tendencii v ekonomike i upravlenii: novyj vzglyad = Modern trends in economics and management: a new look. 2010; (1–2): 146–150. (In Russ.).

12. Mizikovsky E. A., Bulycheva T. V. Regulatory method as an element of control over regulatory costs. Auditorskie vedomost = Auditing statements. 2008; (12): 3–11. (In Russ.).

13. Glazov M. M., Firova I. P. The «standard-costing» system as a basis for improving accounting and cost management. Obshchestvo. Sreda. Razvitie = Society. Environment. Development. 2015; 1 (34): 1–15. (In Russ.).

14. Drury K. Managerial accounting for business decisions. Transl. from Engl. Moscow: UNITY; 2011. 344 p.

15. Anthony R., Rice J. Accounting: situations and examples. Transl. from Engl. Moscow: Finance and Statistics; 1996. 557 p

16. Horngren Ch., Foster J., Datar Sh. Managerial accounting. Transl. from Engl. St. Petersburg: Peter; 2007. 1009 p.