Management features of cost of production

Currently, there is a strong competition in the commodity markets for manufacturers of finished products, goods and services. Therefore, in order to achieve effective results in long-term economic work, it is necessary to effectively manage the cost of production and other costs of the enterprise. This will allow to constantly maintain the level of competitiveness, improve the financial stability and solvency of the enterprise. At the same time, it is possible to identify in-house reserves, improve production, introduce new equipment and technologies with an assessment of economic efficiency.