Features of material flow accounting for the efficient supply chain management

Material flow accounting in supply chain management is a complex process for enterprises, regardless of industry and activities. Its use will enable companies to identify inefficiencies in the use of resources, as well as to assess the assets in terms of their durability, functionality, usefulness. Enterprises face many challenges in material flow accounting, and one of them is material flow accounting of stocks in the supply chain management. The organization has material losses in the absence of a coherent system of material flow accounting. The purpose of this study is to study the features of material flow accounting for the efficient supply chain management, to determine the effective systems of material flow accounting. We propose to use the MFCA system to account for material flow. It can be used to estimate material losses in the supply chain in terms of money and determine the economic benefits of resource efficiency. The MFCA methodology is regulated by the ISO standard. The