METHODS OF OPTIMIZING THE COST OF PRODUCTS AT SMALL INDUSTRIAL ENTERPRISES
DOI:
https://doi.org/10.60078/2992-877X-2025-vol3-iss12-pp253-257Abstract
This article analyzes the main methods of reducing and optimizing product cost in small industrial enterprises. Cost reduction enables companies to increase their competitiveness and quickly adapt to market demands. The paper examines effective management of production processes, rational use of raw materials and resources, implementation of technological upgrades, as well as the improvement of logistics and inventory systems. In addition, cost optimization strategies tailored to the economic conditions of small businesses are proposed.
Keywords:
Small industry product cost optimization production efficiency resource management technological upgrading inventory managementReferences
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