The JXWT Company Cost Benchmarking Management Research

With the increasing improvement of China’s market, economic development of the moreprosperous. When all of the companies in the face of new opportunities also face fiercercompetition and challenges. All companies want to continually develop and grow, all companiesof all hopes in the competition in the industry to become the leader.In the United States, Europe and other developed countries, there are plenty of successfulcompanies. They are in use at the time building a competitive advantage is also a lot ofoutstanding management methods. But " the standard management" or " to the sign of moves " tothe sign is one of the modern world advanced management ideals and organization bestmanagement practice perfect union effective managements. The standard management originatedin the eighties of last century the United States and Japan’s economic competition. The US hasused the standard management measures successful containment of Japanese enterprisesoffensive, effective hold world economics tyrant world status. The standard management accessto China has been in operation for10years, but because of our country enterprise has a late start,it is only in a recent years to form a standard management boom. Enterprise has only recentlyrecognized the importance of the standard management.The JXWT iron and steel company is one of the HBJX iron and steel subsidiaries of theshare holdings limited. There are more than2billion Yuan in fixed assets and there are more than2400people. It is a collection of oxygen-making, sintering, iron smelting, rolling mill, powergeneration as one of the metallurgy of iron and steel enterprise. JXWT company has been closelywatching the business combination of cost and cost optimization, through the standardmanagement hopes that further reduce production cost, build better market competitiveness,create more profits for the company.This paper dealt with through JXWT company operating in the cost of standardmanagement, on this enterprise the actual situation which meets to the sign work activity processin meets the difficulties and the solutions carry on the detailed elaboration. Discussion on themanagement mode. Study how modern iron and steel enterprises in more fierce competition inthe market cost indicators to do a good job of tracking and optimization, achieves the low costoperation goal. Elaboration of standard management cost of distinguished business philosophy,and to further deepen and promote enterprise cost of standard management. More importantly, Ihope that through this article for more companies to label the cost management activities providean effective reference. For the community to create more value.