Material flow cost accounting (MFCA) is a management tool that assists organizations in better understanding the potential environmental and financial consequences of their material and energy practices and seeks to improve them via changes in those practices. It does so by assessing the physical material flows in a company or a supply chain and assign adequate associated costs to these flows.
TPC is the first company in Iran to be awarded the certificate. The MFCA method was installed at TPC by Sahand Industrial University for the first time.
The project began in 2012 and summed up in 2017.
The operating team also developed the MFCA Sute software for the first time that was made available to TPC.