Impact of the management audit on the reduction of production costs in the banana sector

Abstract

Production costs in the banana sector comprise all outlays necessary to transform raw materials into finished products, including inputs, labor and maintenance. The central problem is how to reduce these costs. The objective is to design management audit strategies to identify and reduce production costs in banana companies in Machala, Ecuador. A mixed approach methodology was used, with a non-experimental design and descriptive-explanatory scope, using surveys and document review. The results revealed that many companies do not apply audits on a regular basis, and face barriers such as lack of training and resources. Management audits, together with inventory control and the use of technologies, showed positive effects on cost reduction. It concludes that implementing audits with an integrated approach makes it possible to improve processes, reduce waste and strengthen sustainability, based on innovation, strategic planning and organizational commitment.