Cost Management Center (CMC)
Cost Management Center (CMC) is a research group whose aim is to improve the competitiveness and profitability of organizations using the means and tools of accounting. Our core competence is in the field of management accounting, especially in analyzing costs and profits. CMC is part of the Institute of Industrial Management in Tampere University of Technology.
Research work is based on long-term cooperation with our industrial partners. Through intensive cooperation, companies gain access to new and innovative tools and can learn more regarding the costs and profitability of their own operations. High-quality research also results in scientific publications in international journals and forms a solid foundation for up-to-date training.
The TUTCRIS research portal shows our most recent publications.
How we work:
Our research work is based on long-term cooperation and development work with our industrial partners. We examine - through a management accounting lens - diverse topics relevant and current for our business partners. Cost and profitability management in one form or another is a common factor in every research project conducted by CMC. Close cooperation with real-life companies guarantees the practical relevancy of research findings and at the same time helps to identify new and interesting research questions. Practical research work based on industrial needs provides new and interesting information also for the scientific community.
The aim is to support Finnish and international organizations in their business renewal in B2B and B2C markets as well as to generate research input through the development projects in collaboration with industrial firms, public sector organizations and other research institutions.
Current research topics at CMC are for example:
Facts and feelings in decision making
Machinery fleet service development
Accounting in healthcare
Changes in earnings logics of companies
Supporting product development with cost and profitability information
Cost management in network relationships
Life-cycle costs and profitability
Cost effect of component standardization / commonality
The role of management control in organizational learning
Guided buying and selling
- Customer value
- Managing business relationships
- Integrated solutions in business
- Marketing communications
- Innovation management in networks
- Influence of culture in business
In addition to the above-mentioned development research, interviews, surveys, and literature research methods belong to our toolbox as well. Furthermore, in order to improve our research work, we are constantly developing our methodological knowledge and tools related to research work itself.