Vol.11, No.3, August 2022.                                                                                                                                                                              ISSN: 2217-8309

                                                                                                                                                                                                                        eISSN: 2217-8333


TEM Journal



Association for Information Communication Technology Education and Science

Nanotechnology Practices and Cost Restructure for Effective Cost Management under Industry 4.0 Based Manufacturing Systems


Ahmed Maher Mohammad Ali, Sahar Mahede Jabir, Ameer Ageed Kadhim, Akeel Almagtome


© 2022 Akeel Almagtome, published by UIKTEN. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License. (CC BY-NC-ND 4.0)


Citation Information: TEM Journal. Volume 11, Issue 3, Pages 1193-1199, ISSN 2217-8309, DOI: 10.18421/TEM113-26, August 2022.


Received: 20 March 2022.

Revised:   28 July 2022.
Accepted: 02 August 2022.
Published: 29 August 2022.




This study offers a theoretical foundation for how nanotechnology impacts most commodities and materials in many ways, given high-tech production processes that increase goods' functional, chemical, and physical qualities. This influenced the cost structure of production and strategic cost management's efforts to adjust for the change. The study employed descriptive-analytic methods to investigate nanotechnology's impact on cost management. The study was based on a comprehensive review of previous studies on nanotechnology and Industry 4.0. The results imply strategic cost management as a vital management and accounting strategy for reallocating indirect costs based on specifications to produce items that meet consumer needs. With rising fixed costs, this study links nanotechnology and cost structure. Strategic cost management techniques minimize costs while preserving product quality, enabling organizations to stay competitive.


Keywords – industry 4.0, nanotechnology, cost restructure, cost management, strategic costing.



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