Prethodno priopćenje
https://doi.org/10.17818/NM/2016/SI8
The Application of ABC Analysis to Inventories in the Automatic Industry Utilizing the Cost Saving Effect
Rudolf Kampf
; Faculty of Technology Institute of Technology and Business in České Budějovice Czech Republic
Silvia Lorincová
orcid.org/0000-0002-5763-5002
; Department of Business Economics Faculty of Wood Sciences and Technology Technical University in Zvolen Slovak Republic
Miloš Hitka
; Department of Business Economics Faculty of Wood Sciences and Technology Technical University in Zvolen Slovak Republic
Zdeněk Caha
; Department of Management Faculty of Corporate Strategy Institute of Technology and Business in České Budějovice, Czech Republic
Sažetak
The highest levels of management work towards profit maximization, trying to achieve the lowest possible costs and the highest possible revenues. Managers in the automotive industry have the same goal. Nowadays, the automotive industry in Slovakia is based on direct foreign investments. The industry is a key sector and is considered to be the driving force behind the development of the whole economy. ABC Analysis is one of the tools that enable companies to control their costs. It provides detailed information that enables the monitoring of how resources have been utilized within a company. It enables the management to evaluate whether costs correspond with the purpose of their spending. For this research ABC analysis was applied to the conditions within the automotive industry with the aim of utilizing the effect of cost savings. On the basis of the research and statistical calculations a proposal is put forward that enables companies to reduce their costs bound in the inventories. The new system of inventories management will enable company managements to utilize the saved money in another way and to achieve further optimization of the processes.
Ključne riječi
cost management; inventories management system; ABC analysis; automotive industry
Hrčak ID:
162577
URI
Datum izdavanja:
27.7.2016.
Posjeta: 3.153 *