A RESEARCH ON THE DETERMINATION OF THE LEVELS OF STRATEGIC COST MANAGEMENT APPLICATIONS IN THE BIST MANUFACTURING INDUSTRY

Strategic cost management is a cost management system that aims to produce better quality products at lower cost and to increase customer satisfaction. Strategic cost management aims to provide accurate cost information from one side and provides cost management from the other side. The integration of cost-effective management practices into technology-intensive manufacturing environments contributes to the effective reach of business. In this context, it is aimed to determine the strategic cost management application levels of manufacturing industry enterprises located in BIST and to reveal the relationship between business objectives and strategic cost management practices. In the scope of the study, a questionnaire was applied to accounting managers of 181 manufacturing industry business in BIST. For the analysis of the data, descriptive statistics were made and correlation analysis method was used in SPSS package program. As a result of the study, it has been found out that manufacturing industry enterprises located in Stock Exchange Istanbul apply strategic cost management techniques and approaches. They were also found to be sensitive to establishing compatible cost management systems for business purposes