Effect of cost management strategies on the financial performance of manufacturing companies listed on the Nairobi securities exchange

A number of cost management strategies have been studied before to understand their effects on \nfinancial performance. This study sort to find the effects of selected strategies namely; supply \nchain management, labour management and stock management and their effects on financial \nperformance of manufacturing companies. \nThe study use causal research design specifically multi – variance linear regression model. It \nstudied effects of various variables on another and the extend of causation was documented. \nStudy population was six out of eight manufacturing companies listed, on Nairobi security \nexchange. The two were accepted due to inaccessibility of data. \nThe variables were positively related to financial performance of the manufacturing companies. \nThe study recommended of the management focused on managing cost of distribution, cost of \nlabour and cost of stock. That is ensuring just enough stock is available, the supply chain is \nreasonable and labour is minimal and efficient