6th Annual International Conference on Industrial Engineering and Operations Management

Impact of Introducing Material Flow Cost Accounting: A Comparative Review of Supply Chains and Individual Companies

Kana Okada
Publisher: IEOM Society International
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Track: Material Flow Cost Accounting
Abstract

 This paper systematically organizes cases of material flow cost accounting (MFCA) compiled so far and compares the impact of its introduction on supply chains and individual companies. Several key differences were revealed between supply chain cases and individual company cases. For instance, opportunities to improve on losses related to in-process recycling were higher in the case of individual companies, while in the case of supply chains, there was a strong trend toward discovering significant losses in the application fields of processing and assembly models, such as electronic and electrical machinery production, fields where the loss rate is low for individual companies. These findings are expected to be useful to companies and supply chains newly introducing MFCA.

Published in: 6th Annual International Conference on Industrial Engineering and Operations Management, Kuala Lumpur, Malaysia

Publisher: IEOM Society International
Date of Conference: March 8-10, 2016

ISBN: 978-0-9855497-4-9
ISSN/E-ISSN: 2169-8767