Manufacturing sector plays a significant role in the growth of economy. Cost efficiency and effectiveness have always been the critical factors to achieve cost competitiveness in manufacturing organizations. Various CMS are adopted for value creation through cost management and control. These CMS need to be carefully selected, implemented and managed to get the desired outcomes. Organizational culture dimensions affect the selection and implementation of these strategies. The organizations promoting innovation as a culture are more likely to achieve cost competitiveness through CMS. This text contributes to and extends existing studies by providing insights into the effects of organizational culture on CMS by empirically testing the linkages. It provides a theoretical background for further future researches in the area, and provides with information that could be used by the manufacturing sector organizations to achieve and enhance value creation through CMS.