Targeted cost management of industrial enterprises based on the use of target costing and kaizen costing systems

The article is devoted to the issues of choosing an effective cost management method in order to ensure the profitability of production, identifying inefficient areas of activity. The concept of cost management is considered. The characteristic is given to the methods of target-costing and kaizen-costing as tools for managing production costs. Determined the target and estimated cost of new products produced by the company.