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Hot Tools To Manage The Seamless Steel Pipe Manufacturing Enterprise's Core Competitiveness

Posted on:2006-09-08Degree:MasterType:Thesis
Country:ChinaCandidate:H XuFull Text:PDF
GTID:2209360155476878Subject:Business Administration
Abstract/Summary:PDF Full Text Request
With detailed imformation and data, the rapid growth and current situation of the domestic steel tube industry are elaborated ,involving the fast development of tube-manufactring equipment and product variety and quality. Also analyzed are issues with respect to the development of the industry, including existing problems for such development and the countermeasures as well as expectations:1. A firm the adopts a cost leadership strategy seeks to become the lowest-cost producer in its industry. The cost leader can set prices that enable it to take full advantage of its cost efficiencies. The critical aelvantage of a cost leadership strategy is that the leader can threaten competitors with a price war.2. A cost leader requires information necessary to control as well as lower costs of products or processes. Activity-based costing systems are used to identify cost drivers and measures costs accurately . Operating budgets and continuous improvement techniques are used to control and reduce costs.Continuous improvement becomes a way of life.3. The seamless steel tube-making industry are used to reduce operating-costs, gain a competitive advantage, hence, To lower hot-tool costs are a way.
Keywords/Search Tags:Seamless steel tube, Hot-tool costs, Competitive advantage
PDF Full Text Request
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