Adopting material flow cost accounting model for improved waste-reduction decisions in a micro-brewery

Abstract

This paper report findings from a pilot study in a micro-brewery that demonstrates the adoption of the MFCA model to capture adequate waste-cost information to support and improve waste-reduction decisions. While studies have shown that applying MFCA is a relevant tool in providing both financial and non-financial waste information for improving waste-reduction decisions in large-and medium-sized organizations, its adoption in a micro-brewery set-up is lacking. Findings reveal that the MFCA model can be adopted within different management systems to improve waste-reduction decision and cost savings. A significant implication for practice is the potential to adopt the MFCA model under different organizational circumstances that generally do not support systematically structured management approaches. A major significance of the findings in this study serves to focus the attention of owner-managers in micro-business circumstances on the management of product material and energy losses as well as the inclusion of certain production processes costs in product cost.

A Qualitative Approach to Understanding the Underlying Beliefs of Microbrewery Consumers

“…consumer profiles), philosophy, or the history of microbreweries (Carroll & Swaminathan, 2000;Plummer, Telfer, Hashimoto, & Summers, 2005;Schnell & Reese, 2003). More recent studies regarding microbreweries have addressed entrepreneurship (Ellis & Bosworth, 2015), operational efficiency (Fakoya, 2015), marketing strategy (Mathews & Patton, 2016), factors affecting brand loyalty to craft beer (Murray & Kline, 2015), and consumer preferences (Aquilani, Laureti, Poponi, & Secondi, 2015). However, there is a lack of research that focuses on consumer behavior at microbreweries.…”

Material Flow Cost Accounting, Perceived Ecological Environmental Uncertainty, Supplier Integration and Business Performance: A Study of Manufacturing Sector in Malaysia

“…This involves all materials financed, energy, depreciation, labours and other economic resources, which are not incurred by the finished products, but are left unused as wastes (Doorasamy 2015). To improve material and energy efficiency, MFCA increases transparency on material and energy flow via the provision of their respective costs; supporting organisational decisions in areas such as process engineering, production planning, quality control, product design, and supply chain management, and in improving coordination and communication on material and energy use within organisations (Fakoya 2014). The positive impact on environmental performance is recognized even if it is not a deliberate intention of an enterprise (Hyrslova et al 2008).…”

“…The Extent of MFCA Implementation -MFCA considers as an EMA framework which traces, tracks, identifies, and measures the flow and stock of materials, that involve raw materials, parts and components in the production process, in terms of both physical and monetary units, in order to separate waste costs into good product and negative product. These costs are categorised as material costs, system costs, transportation costs and waste treatment costs (Fakoya 2014). The extent of the implementation of MFCA scale involving 27-item with three subscales modified from Mokhtar et al (2015), was determined through: i.…”

Second Law Analysis for Couple Stress Fluid Flow through a Porous Medium with Constant Heat Flux

“…Other related works on the second law analysis approach for minimizing entropy generation includes [32][33][34][35][36]. Interestingly, there is a thin line between the second law analysis approach and that described by the material cost flow accounting perspective [37][38][39] regarding waste management and achieving a cleaner production. Motivated by Hayat et al [31,[40][41][42][43][44][45][46], the present study addresses the second law analysis for a shear-induced asymmetrical slip couple stress fluid flow through saturated porous medium subjected to constant heat flux studied.…”