Analysis of possibilities for use of the integrated costs management in large production companies in Bosnia and Herzegovina
DOI:
https://doi.org/10.7251/ACE1625061LKeywords:
integrated costs management, chain value, large production companies in BiH, conventional approach to costs management, modern approach to costs management, partnership with suppliers and buyersAbstract
Integrated costs management through the value chain represents a comprehensive approach which observes the activities of purchasing, production and distribution as a single, undividable whole. This opens a wide range of possibilities for costs optimization of all processes and activities going on both within and outside of the company limits, and consequently, for improvement of the business results. The main precondition for successful cost management in such complex system is connecting of the program for management of costs incurring during the entire life cycle of the product and the program for management of costs of the suppliers and buyers. The optimal combination of conventional and modern costs management methods depends primarily on characteristics of the company, on one side, and identified needs for lowering the costs incurring on relation buyer-supplier, on the other side. On the sample of companies from Bosnia and Herzegovina, it was researched if the factors of internal environment require changes in the approach to management of internal costs, or if the management of these companies has clear vision that the improvement of relations with the suppliers and buyers creates more space for even better competitive position on the market.
References
Агенција за посредничке, информатичке и финансијске услуге (скр. АПИФ), Бања Лука. Подаци о великим производним предузећима у Републици Српској.
Blocher, E.J., Chen, K.H., Cokins, G., Lin, T.W. (2005). Cost Management: A Strategic Emphasis, 3rd edition. New York: McGraw-Hill/Irwin.
Dawson, B., Trapp, R.G. (2004). Basic and Clinical Biostatistics, 4th edition. New York: Lange Medical Books/McGraw Hill.
Doherty, C., Maier, J., Simkin, L. (1993). DPP Decision Support in Retail Merchandising. Omega, International Journal of Management Sciences, 21(1), 25-33.
Drury, C. (2005). Management Accounting for Business. London: Tomson Learning.
Ellram, L., Siferd, S. P., (1993). Purchasing: The Cornerstone of the Total Cost of Ownership Concept. Journal of Business Logistics, 14(1), 163-184.
Zakon o računovodstvu i reviziji u Federaciji Bosne i Hercegovine, Službene novine FBiH, br. 83/09.
Закон о рачуноводству и ревизији Републике Српске, Службени гласник РС, бр. 36/09 и 52/11.
Zsidisin, G.A., Ellram, L.A., Ogden, J.A. (2003). The Relationship between purchasing and supply management’s perceived value and participation in strategic supplier cost management activities. Journal of Business Logistics, 24( 2),129-154.
Institute of Management Accountants. (2000). Designing an Integrated Cost Management System for Driving Profit and Organizational Performance. Research Report, Montvale, NJ.
Kennedy, T., Afeck-Graves, J. (2001). The impact of activity-based costing techniques on form performance. Journal of Management Accounting Research, 13(1), 19-45.
Krumwiede, К.R. (1998). ABC: Why it’s tried and how it succeeds. Management Accounting, April 1998, 32-38.
LaLonde, B.J., Pohlen, T.L. (1996). Issues in Supply Chain Costing. The International Journal of Logistics Management, 7(1),1-12.
Lin, B., Collins, J., Du, R.K. (2001). Supply chain costing: an activity-based perspective. International Journal of Physical Distribution & Logistics Management, 31(9/10),702-713.
LRC BIS, Sarajevo. Подаци о великим производним предузећима у БиХ.
Малинић, С. (2008). Управљање трошковима кроз ланац вредности предузећа -стратегијски приступ јачању трошковне конкурентности. Зборник радова са 12. Конгреса СРР РС, Бања Врућица, 285-297.
Малинић, С., Јовановић, Д. (2011). Имплементација интегрисаних концепата управљања трошковима у ланцу набавке-стратегијски приступ ТЦ и АБЦ. Рачуноводство, 11-12, 29-44.
Малинић, Д., Миличевић, В., Стевановић, Н. (2012). Управљачко рачуноводство. Београд: Центар за издавачку делатност Економског факултета у Београду.
Pekanov, S.D. (2013). Koristi primjene ABC metode u hrvatskim poduzećima. Ekonomski vjesnik 1/2013, 149-160.
Stapleton, D., Pati, S., Beach, E., Julmanichoti, P. (2004). Activity-based costing for logistics and marketing. Business Process Management Journal, 10( 5), 584-597.
Стевановић, Н. (2000). Системи обрачуна трошкова и учинака: Обрачун трошкова и учинака производног предузећа. Београд: Економски факултет.
Cagwin, D., Bouwman, M.J. (2002). The Association Between Activity-Based Costing and Improvement in Financial Performance. Management Accounting Research 13(1), 1-39.
Christopher, M. (2011). Logistics & Supply Chain Management, 4th edition. London: Pearson Education Limited.
Cooper, R., Kaplan, R.S., (1988). How Cost Accounting Distorts Product Costs. Management Accounting, (April), 20-27.
Cooper, R., Kaplan, R. (1998). Cost and Effect: Using Integrated Cost Systems to Drive Profitability and Performance. Boston MA: Harvard Business School Press.
Cooper, R., Slagmulder, R. (2003). Interorganizational costing–Part 1. Cost Management, 17(5),14-21.
