Corporate material flow management in Thailand: The way to material flow cost accounting

Abstract

In recent years, material flow cost accounting (MFCA) has gradually been recognized in Asia by the standardization of ISO 14051 and 14052 and by the project of dissemination undertaken by the Asian Productivity Organization (APO). However, MFCA is still not used across the board. This study analyzes the characteristics of material flow (MF) management to facilitate the expanded use of MFCA. The research framework of this study investigates the degree of MF management and the sequential relationships among financial factors, MF management, and waste performance, based on a questionnaire survey of non-financial listed companies in Thailand. Fifty-eight percent of the respondent firms answer that they are managing MF information (self-rating). Meanwhile, 50%, 49%, 29%, and 24% of the firms actually disclose the amounts of total waste, hazardous waste, raw materials consumed, and recycled waste, respectively. The results of this study show that respondent firms with MF management (self-rating) are more likely to manage/disclose total waste, hazardous waste, and raw materials consumed than those without it. In terms of financial factors, cost ratio and profitability are likely to affect firm decisions regarding whether to manage the MF. Additionally, MF management is likely to decrease the hazardous waste ratio. The series of results shows that firms in Thailand are more likely to be concerned about hazardous waste management than resource efficiency. Therefore, hazardous waste should probably be thoroughly managed, as a preliminary step in the promotion of MFCA.

Praktik Penentuan Harga Jual Berbasis Meuramin

“…Dalam penentuan harga jual berbasis nilai meuramin, konsep cost reduction yang diterapkan oleh manajemen Coffee Shop A tidak dapat disandingkan dengan konsep yang berbasis pada akuntansi manajemen konvensional. Pada ranah akuntansi manajemen konvensional cost reduction yang dilakukan bersifat mekanis, seperti pengurangan biaya secara langsung, productivity improvement dan kontrol biaya melalui instrumen anggaran (Glogovac & Filipovic, 2018;Uyar & Kuzey, 2016;Yagi & Kokubu, 2018), sedangkan strategi cost reduction yang berfokus pada penyebab timbulnya biaya seperti pengurangan jumlah tenaga kerja dengan adopsi teknologi (Kenno & Free, 2018;Pavlatos & Kostakis, 2015;Schmidt, Götze, & Sygulla, 2015), dan risk management (AlAmri & Davydov, 2016;Eckles, Hoyt, & Steve, 2014;Florio & Leoni, 2017;Fraser & Simkins, 2016). Konsepkonsep seperti yang telah disebutkan di atas pada hakikatnya cenderung mengabaikan nilai-nilai humanisme yang berorientasi pada jangka pendek semata.…”

Waste decomposition analysis in Japanese manufacturing sectors for material flow cost accounting

“…In recent years, MFCA research has gradually accumulated in the literature. We searched the published journal articles in the Web of Science (Clarivate Analytics's journal database) using the keyword "material flow cost accounting" (accessed December 2017) and reviewed 24 of the 35 articles found in the topic search (the 24 articles were all published in JCLP) (Table 1; Yagi and Kokubu, 2018). Among the 24 articles, only two papers (Jasch, 2003;2006) were published in the 2000s, with the remaining 22 published after 2011.…”

“…MFCA has been gradually disseminated worldwide since the international standards were published. In the MFCA literature, there were 24 Journal of Cleaner Production (JCLP) articles out of a total of 35 articles with the keyword "material flow cost accounting" published before December 2017, according to the Web of Science provided by Clarivate Analytics (Table 1; Yagi and Kokubu, 2018). The use of MFCA in various countries can be identified by examining the literature: Austria (Jasch, 2003(Jasch, , 2006, the Czech Republic (ISO 14051, 2011), Germany (ISO 14051, 2011;Wagner, 2015), Japan (ISO 14051, 2011; Kokubu and Kitada, 2015), the Philippines (ISO 14051, 2011), Thailand (Chompu-Inwai et al, 2015;Jakrawatana et al, 2016;Kasemset et al, 2013), and South Africa (Fakoya and Van Der Poll, 2013), as well as China, India, Korea, Malaysia, and Vietnam (Kokubu and Nakajima, 2018).…”

“…The use of MFCA in various countries can be identified by examining the literature: Austria (Jasch, 2003(Jasch, , 2006, the Czech Republic (ISO 14051, 2011), Germany (ISO 14051, 2011;Wagner, 2015), Japan (ISO 14051, 2011; Kokubu and Kitada, 2015), the Philippines (ISO 14051, 2011), Thailand (Chompu-Inwai et al, 2015;Jakrawatana et al, 2016;Kasemset et al, 2013), and South Africa (Fakoya and Van Der Poll, 2013), as well as China, India, Korea, Malaysia, and Vietnam (Kokubu and Nakajima, 2018). Although the MFCA literature provides many case studies, MFCA has not fully spread across the board at this time (Yagi and Kokubu, 2018). The exception is Japan, where the Ministry of Economy, Industry, and Trade (METI) promoted MFCA between 2000 and 2010.…”

The Process Approach To Managing The Cost Of Manufacturing Innovative High-Tech Products

“…It has become so widespread due to the possibility of its application not only in industrial, but also in trade and service enterprises (Tsai & Jhong, 2019). It formed the basis of the material flow management method (Yagi & Kokubu, 2018).…”