Green Innovation within Materials Flow Cost: Opportunities and Challenges

Karrar Abdulellah Azeez

2021

Abstract

The paper tries to identify the opportunities and challenges of material flow cost accounting via the green innovation, the green innovation is crucial for the development of manufacturing operations as it supports the basic needs of the costumers including production, suppliers, workers. Lighting the problem of traditional cost systems that unable to provide sufficient data for management include waste and loss during production processes for focusing on the value of raw materials, energy and water generated during production processes .Thus reflected on the lack of production efficiency and lower product quality. The analytical quantitative approach was adopted to employ the material and energy flow cost accounting technique to identify opportunities for improvement in the production process of the produced green cement. The research reached several conclusions, the most important of which are sing the material flow cost accounting technique and green innovation, the variable costs decreased and at the same time the production efficiency increased by achieving less inputs than the outputs, as well as achieving technological change by changing the type of fuel in the furnaces

Paper Citation

in Harvard Style

Azeez K. (2021). Green Innovation within Materials Flow Cost: Opportunities and Challenges. In Proceedings of the 1st International Conference on Finance, Information Technology and Management - Volume 1: ICFITM, ISBN 978-989-758-576-0, pages 23-27. DOI: 10.5220/0010828400003168

in Bibtex Style

@conference{icfitm21,
author={Karrar Abdulellah Azeez},
title={Green Innovation within Materials Flow Cost: Opportunities and Challenges},
booktitle={Proceedings of the 1st International Conference on Finance, Information Technology and Management - Volume 1: ICFITM,},
year={2021},
pages={23-27},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010828400003168},
isbn={978-989-758-576-0},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Finance, Information Technology and Management - Volume 1: ICFITM,
TI - Green Innovation within Materials Flow Cost: Opportunities and Challenges
SN - 978-989-758-576-0
AU - Azeez K.
PY - 2021
SP - 23
EP - 27
DO - 10.5220/0010828400003168