The Use of Strategic Cost Management Systems in Measuring the Industrial Production Cycle

A case study, sudanes Sugar Company.

Abstract

The study aimed to know the effect of applying strategic cost management systems
in measuring the industrial production cycle, by studying the Sudanese Sugar
Company, as well as identifying the extent of the practice and application of
strategic cost management systems in the industrial sector in the Sudanese Sugar
Company, and to determine the impact of that application in those factories, the
study used The descriptive approach relied on the questionnaire as a main tool in
collecting primary data from the respondents. A statistical analysis program (spss)
was used to analyze the questionnaire and test hypotheses. The study showed a
statistically significant relationship between the target cost in supporting the
competitive advantage and the continuity of the Sudanese sugar company, as well
as a statistically significant relationship between the cost method based on activity
in support of the competitive advantage and the continuity of the Sudanese sugar
company, and based on these results a number of recommendations were
presented, including The need to provide qualified human cadres to apply strategic
cost methods, the company’s need to adopt modern cost systems to develop the
work mechanism of the Sudanese Sugar Company, that the company works to use
raw materials in the best way, that the company uses modern industrial
mechanisms that enable A to achieve its objectives, work to recognize the strategic
importance of company officials cost methods, the need for the rehabilitation of
human resources and training on modern systems, develop a clear strategy to
exploit the idle capacity until the company make the most of them, the exploitation
of resources optimally to reduce the costs of the company.
Keys Worols:
Strategic Manag ment Methods, industrial production, Strategic Cost.