Modified Plastics Industry Cost Management

As China’s economy and the continued integration of global economic integration,China’s enterprises are facing increasingly fierce competition, cost management is affectingthe competitiveness of enterprises can be the core issue. How effective way to reduce costs,how to understand the cost from a strategic perspective, and explore effective ways tostrengthen cost management is a challenge faced by enterprises.From the beginning of the theory of cost management, through practical research,according to the company in terms of cost control hm the problems, the use of the theoreticalbasis of cost management, propose appropriate solutions.. First, from the definition of thecost of the basic characteristics and the meaning of cost control, cost control elements of areference angle of presentation and the basic theory of modern enterprise cost control werethe focus of discussion, raised the importance of value chain analysis of strategic costmanagement; secondly, through field research on the company’s current cost estimatedeviation hm cost management, the cost of poor budget execution, cost managementconfusion were analyzed, proposed by shaping the company’s cost management culture, theestablishment of strategic cost management based on value chain analysis assessment systemand cost incentives to reduce the overall cost of hm company level, to improve thecompany’s competitive advantage in the industry, and effectively promote hm companybigger and stronger.