INTEGRATED STRATEGIES FOR MANAGING DAILY PRODUCTION COSTS AND ACCOUNTS IN THE FOOD AND BEVERAGE SECTOR: A STUDY FOCUSING ON OPERATIONAL EFFICIENCY AND FINANCIAL SUSTAINABILITY
Bhavana G M G M
Paper Contents
Abstract
Despite notable progress in management technologies and a growing understanding of the advantages of integration, many food and beverage businesses still encounter significant difficulties in aligning their daily production cost management with traditional accounting systems. This gap in integration is attributed to several factors, such as limitations in infrastructure, resistance from employees towards adopting new technologies, and the challenges of synchronizing real-time production data with standard accounting practices. The disconnect between operations on the production floor and financial management systems often leads to slow decision-making, inefficient resource allocation, and lost opportunities for cost savings. Furthermore, organizations frequently face challenges related to the initial investments neededboth financial and in terms of workforce trainingfor implementing comprehensive integrated management solutions. Our research indicates that companies that effectively address these obstacles
Copyright
Copyright © 2025 Bhavana G M. This is an open access article distributed under the Creative Commons Attribution License.