OPTIMIZATION OF EXPENDITURES OF ACTIVITY AT ENTERPRISE

Abstract

The purpose of the article is to systematize the theoretical bases of cost management and practical recommendations on the areas of optimization of the costs of the enterprise in modern conditions. Methods. In the study of this topic, the system approach, methods of generalization and rational problem solving are used. The Results. The paper considers ways and methods of cost optimization at the enterprise, allows more efficient use of company resources, reduces production costs and maximizes profits. Scientific novelty. Based on the study of scientific and methodological sources and on the basis of the analysis of costs and profits that contribute to the growth of the efficiency of the enterprise's production activity due to cost reduction, measures have been developed for their optimization at the enterprise. Such measures will allow increasing the volume of sales and reducing the cost of production, which will allow the enterprise to invest funds that have been freed up in the development and expansion of its own production, which will promote the introduction of new machinery, increase production efficiency and increase the level of profitability of the enterprise as a whole. The practical significance of the research lies in the possibility of their use by managers, managers of various links for making scientifically sound decisions on the future development of the enterprise.