The Research On Product Cost Controlling Of Bosch Automotive Products Nanjing Based On Standard Cost Methodology

Bosch Automotive Products Nanjing Co., Ltd (RBNJ for short) is a wholly owned subsidiary of Robert Bosch GmbH. RBNJ is dedicated to manufacturing of spark plugs, brake components and diagnostics and providing related service. Its precursor is Nanjing Huade Spark Plug Co., Ltd established in2006which is a joint venture between Nanjing electricity group and Robert Bosch GmbH. In2010finished the capital exchange and in2011finished the capital expand, the new plant of RBNJ formally opened in Mar,2013. This new plant is the biggest production base of Bosch Group aftermarket division.As a newly founded company, must build up the accounting system and the product controlling system comply with Chinese Accounting Principle and Bosch group guideline. In the field of the product cost controlling we implement the standard cost methodology. This paper takes RBNJ as researching object, starting with the current status of RBNJ product cost controlling, analyze the process and methodology, based on the combination of the theory and the practical applications of the cost calculation and the cost controlling, provide an comprehensive analysis and investigation of cost controlling system. This paper firstly introduce the product cost controlling and standard cost basic theory, then describe the process of defining the standard cost, analysis the product controlling models and internal relationship, then investigate the problems so far we have, make the improvement action plan from the standard cost planning, actual cost deviation analysis and the financial control field, in the last, provide the measures regarding the organization structure, information system and the communication to ensure the whole process working smoothly.By this paper, formed a overview of the whole controlling process, from the standard cost setting up, to the actual cost deviation analysis based on ERP system,then how to proceed the cost controlling. By implementation of the improvement measures, increase the efficiency and accuracy of RBNJ product cost controlling. At the meantime, this paper can also be a reference material for the domestic manufacturing enterprise for methodology and mindset of the product cost controlling.