Using Resource Consumption Accounting for Improving the Competitive Advantage in Textile Industry

Kbelah, Sarah Isam; Amusawi, Enaam Ghadeer; Almagtome, Akeel

doi:10.36478/jeasci.2019.575.582

Cited by 11 publications

(15 citation statements)

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“…Thus, it can develop strategies that add value to the most profitable customers as well as make the least profitable customers more profitable, and reduce the decline in profits. Focusing on long-term customer profitability (Kbelah, Amusawi, & Almagtome, 2019). Measuring and managing customer profitability is essential to improve the profitability of an economic unit.…”

Section: Customer Profitability Analysismentioning

confidence: 99%

Using Attribute-Based Costing To Conduct Efficient Customer Profitability Analysis In Small And Medium-Sized Manufacturing Businesses

Kadhim

Al-Ghezi²

2022

AJCMS

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The research aims to show both cost technology based on ABC II specifications and customer The study seeks to demonstrate both cost technology and customer profitability analysis based on ABC II standards (CPA as contemporary accounting techniques and money from a significant role in developing the performance of the economic unit compared to traditional cost technologies). Emphasizing the function of cost technology in delivering relevant information to manage the monetary team enables it to examine the profitability of the client and retain customers for the men's clothes factory in Najaf. The purpose of this study is to use cost technology to data collected from the Men's Clothing Factory in Najaf in 2019 through field visits and interviews with department managers and staff in order to examine the profitability of customers within the economic unit research sample. The results indicate that customers whose overall losses grew under the conventional cost system benefit from ABC11 technology's optimum resource utilization and cost reductions while matching customer requirements and demands. According to the company's conventional system, the client who was losing money was (y) by (16145000) dinars has become a successful customer (5535,000) dinars, which suggests that ABC11is critical in supplying relevant information to accurately measure the profitability of consumers.

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Section: Customer Profitability Analysismentioning

confidence: 99%

Using Attribute-Based Costing To Conduct Efficient Customer Profitability Analysis In Small And Medium-Sized Manufacturing Businesses

Kadhim

Al-Ghezi²

2022

AJCMS

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“…RCA is a cost management system developed in Germany that combines the German cost management method (GPK) with the activity-based cost method (ABC). It combines the advantages of both to create a comprehensive and integrated cost control tool (Kbelah & Almagtome, 2019). (RCA) concentrate on resource flow.…”

Section: Resource Consumption Accountingmentioning

confidence: 99%

“…• The first phase gathers resources inside the economic unit through resource cost pools. This stage entails confirming resource relationships and establishing resource pools based on resource similarities and associations, such as the human resource pool, the equipment resource pool, the electricity resource pool, and the labor resource pool (Kbelah et al, 2019). • The expenses associated with each resource pool are categorized as primary and secondary costs, and the overall costs are then determined (Kurtlu, 2016).…”

Section: Rca Implementing Stepsmentioning

confidence: 99%

“…The men's clothing laboratory in Al-Najaf represents the research period in which the efficiency of the economic unit's performance will be measured and evaluated before and after applying the Resource Consumption Accounting (RCA) technique through the Balanced Scorecard (BSC) technology and comparing them. While most of the previous research, such as (Yilmaz & Ceran, 2017), (Al-Rawi & Abd al-Hafiz, 2018), (Kbelah, Amusawi, & Almagtome, 2019), (Alkhafajia, Almusawib, & Isam, 2020)relied on theoretical analysis and the use of a questionnaire, which is not objective in the business context.…”

Section: Introductionmentioning

confidence: 99%

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Using RCA and the Balanced Scorecard to Assess the firm Performance

Kadhim¹,

Abdulzahra²

2021

AJCMS

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For the objectives of this article, we wish to underline the significance of resource consumption accounting and the balanced scorecard in today's accounting processes and how they assist an economic unit to work better. Consequently, it indicates that the Balanced Scorecard method may be upgraded by accounting for resource consumption and explains how this enhances performance management efficiency and answers difficulties concerning complementing views. Researchers analyzed data from the Najaf men's clothing factory from 2018 and conducted in-depth interviews with department leaders and employees to investigate the economic unit's efficiency. The data was acquired through site visits and personal interviews. As a result, an increase in financial and non-financial indicators' efficiency may be accomplished by combining resource consumption accounting (RCA) with a balanced scorecard (BSC), according to the results (financial, customer, internal operations, and learning and growth perspectives) (financial, customer, internal processes, and learning and growth perspectives) (financial, customer, internal processes, and learning and growth perspectives). Thus, the economic unit of the sample will be granted a superior performance efficiency rating.

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“…Throughput Accounting is one of the modern approaches to cost measurement and performance assessment. This approach provides a comprehensive vision of the organization and encourages consistency between the different departments and activities of the organization [1]. The importance of research stems from the role of Throughput Accounting in addressing the negative effects of misuse of resources in restricted operations, which leads to a decrease in productivity and quality of output.…”

Section: Introductionmentioning

confidence: 99%

Using Throughput Accounting for Cost Management and Performance Assessment: Constraint Theory Approach

Kadhim¹,

Najm²,

Kadhim³

2020

TEM Journal

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The paper aims to use throughput accounting as an approach for developing cost accounting systems in the modern manufacturing environment to evaluate the organization performance. The sample consists of (60) persons in organization for examining the hypotheses. The findings show that information provided by throughput accounting helps in measuring costs and evaluate the efficiency and effectiveness of performance in the organization. This approach supports planning and control processes to maximize throughput and reduce inventory levels. The use of Throughput Accounting under the Theory of Constraints leads to finding solutions to bottlenecks that affect the efficiency and effectiveness of performance.

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Using Resource Consumption Accounting for Improving the Competitive Advantage in Textile Industry

Cited by 11 publications

References 0 publications

Using Attribute-Based Costing To Conduct Efficient Customer Profitability Analysis In Small And Medium-Sized Manufacturing Businesses

Using Attribute-Based Costing To Conduct Efficient Customer Profitability Analysis In Small And Medium-Sized Manufacturing Businesses

Using RCA and the Balanced Scorecard to Assess the firm Performance

Using Throughput Accounting for Cost Management and Performance Assessment: Constraint Theory Approach

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