Study On The Application Of Fine Refinement Cost Management Based On Xinmei Electrical Appliance Manufacturing Enterprise

With the rapid development of China’s national economy, the manufacturing sector is a pillar industry of China’s national economy, especially the rise and development of electrical manufacturing companies, they can provide a variety of basic and critical equipment for China’s economic and social life, and it has become an essential industry. Rapidly developing market economy, manufacturing companies is a organization including manufacturing, supply, and sale. For long-term development, cost management has become an important issue. Core costs are meticulous management of the enterprise cost management system and process reengineering, to refine all aspects of work to achieve cost control and management processes to minimize the costs of enterprises, in order to achieve business benefits maximized. For Xinmei appliances, the cost of implementation and meticulous management is of great significance.It’s necessary to practice the cost fine management in order to intensify the implementation of electrical equipment manufacturing enterprises in financial intensive management fields, to promote the construction and application of the standard cost system, to establish a scientific, efficient, and orderly cost management system, to ensure a comprehensive, coordinated and sustainable development of the company’s overall strategy and implementation. This paper discusses the problems and difficulties that exist in the current cost management for their practical needs in order to develop a reasonable optimization. The paper establishes the management function system and the regulatory agencies to solve the problems of the traditional cost management model, such as lack of communications between the various functional departments, different management priorities, information asymmetry and so on, based on having a great knowledge of the range and point of the cost management of the manufacturing enterprises. For practical needs of XinMei cost management, the paper has a deep study to establish the meticulous management programs and processes of the cost of procurement, production costs, and then on the basis of example which further demonstrates the superior and necessary use of refinement in cost management applications of electrical manufacturing enterprise.