Cost management strategy under conditions of inflation and currency risks at Kyrgyz enterprises

The aim of the study was to identify effective methods of cost management under conditions of inflation and currency risks in order to increase the sustainability and competitiveness of Kyrgyz enterprises. The study used theoretical analysis and case analysis methods to assess the effectiveness of cost management tools and develop practical recommendations for improving the financial sustainability of enterprises. The study identified key factors affecting the cost structure of Kyrgyz enterprises in conditions of inflation and exchange rate fluctuations. The analysis showed that the most vulnerable items of expenditure were imported purchases, energy resources, logistics and employee salaries. The study showed that the use of modern management accounting methods, such as activity-based costing, standard costing, rolling forecasting and cost analysis, allowed for accurate control of expenses and allocation of resources. Scenario planning and digitalisation of processes using enterprise resource planning systems and analytical business tools ensured a timely response to changes in exchange rates and inflation levels. An analysis of practical examples from Kyrgyz enterprises has shown the successful use of various cost management methods, such as localisation of procurement, currency risk insurance, inventory optimisation and long-term contracts. Technodom reduced costs by 6.5%, increased profitability by 4.8% and improved process efficiency by 5.2%. Limited Liability Company “Stroy Invest Service” achieved an 8.0% reduction in costs, a 12.0% increase in profitability and a 7.5% improvement in process efficiency. “Kant Sut” LLC reduced costs by 5.2%, increased profitability by 3.6%, reduced inventory by 10.0% and increased process efficiency by 6.0%. Asia Transit Logistic Company reduced costs by 7.0%, increased profitability by 5.0% and improved process efficiency by 15.0%. The introduction of a management control system and regular analysis of deviations contributed to more effective cost management. As a result, the study confirmed that the comprehensive cost management strategy applied in such companies significantly increases the resilience of enterprises to external economic risks and ensures stable business development