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

Michael Fakoya ()

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2015, vol. 17, issue 5, 1017-1030

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. Copyright Springer Science+Business Media Dordrecht 2015

Keywords: Process waste; Waste-reduction decisions; MFCA; Micro-brewery; Conventional accounting systems; Waste information (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1007/s10668-014-9586-x

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