The Study Of Cost Management Based On Valued Chain Theory

With the development of network,knowledge-based economy and economic globalization, the environment of market, technique, management and information has changed a lot in nature, so business will struggle for the living and development room and have to strengthen the cost administration to breed the long-term competitive advantage. How to improve enterprises'cost management system, to use effectively cost analysis methods, to reduce production and operating costs, to obtain cost advantages, to enhance economic efficiency, and to achieve competitive advantage, is always the goal which the enterprise pursues. However, as the important component of competition strategy, the present cost management modes have not been fit for the changed environment obviously, and can not satisfy the needs of value management. As a result, we must explore new cost management mode to satisfy the requirements of modern economy and value management from now on. As the effective value management tool, the value-chain accounting theory presents the theoretical guidance for re-construction of cost management mode. Therefore, the purpose of this article is to explore the combination and practical application of both cost management and value chain by analyzing. Try to contribute to cost management theoretical innovation. Built a cost management system framework in line with the development needs of the time which can be able to play an important role in controlling the decision-making in modern enterprises effectivelyThis article used both the standard and case study, takes the theory of value chain as a research perspective and is based on existing research results at home and abroad for analysis. Discussing the principles, objectives, internal and external factors and the overall framework of cost management. Then pay the emphases on cost management under internal and external value chain which refer to analyzing on activity chain and cost driver. It emphasizes placing the enterprise'value chain in the overall value system of the industry in the light of an expanded point of view from the interior to the exterior of the enterprise,paying much attention to the relations between the enterprise and its competitors, suppliers, dealers, consumers and to the connections among the various activities in the enterprise'internal value chain, thus acquiring the enterprise,competitive advantage in a consistent readjustment and optimal process of these value chain. X company had been taken as an example to analyze the actual use of the management system of modern value chain in the company .In accordance with the implementation of the new system, the article points out the existing problems, defines the conditions of the implementation of the modern value chain cost management system and makes some recommendations.