Project Design And Implement On Labor Cost Control Of TF Company

Labor cost is one of the important parts of enterprise operation cost in the manufacturing enterprise. A good enterprise, not only to have outstanding sales performance and profit targets, the same need to achieve cost control excellence. Especially when the product loses the absolute possession of the market in a certain stage, the enterprise tends to be in a dilemma. At this point, if the cost is under proper control, the loss of the enterprise will be minimized, then have possibility to tide over the difficulties, and be ready for the next capture of market.As a traditional automobile parts manufacturing enterprise, after a stable development, TF company has became one of the most famous enterprises in local industry. It already has a unique management solution, some of which has advanced aspects, and others seem also need to improve. Cost management is a weak link in this company. As the top sales company in the region, the profit can not reached expected. Especially in the auto market downturn this year, the cost issue is more prominent. Base on current crisis, TF company determined to have a deeply research and effective optimize. In raw material costs, logistics costs, management costs, labor costs and other aspects, the company has formulated the corrective action plan and measures, then practice step-by-step.Cost control is not simply cutting or reducing expenses, but through the scientific management method to maximize the enterprise resources. Incorrect cost control will take enterprises into worse situation like management confusion, inadequate infrastructure, product quality problems, quality of staff decline, the worst result is company will lose its reputation and market, and cause irreparable impact. Especially for labor costs control, if handled improperly, often bring notoriety like "Black Enterprise" or "sweatshop". For this reason, TF company import advanced management methods and theoretical tools from our group of European companies. The following will be the theoretical analysis and practical operation for improving labor cost control, to ensure that the enterprise can respond to the market crisis in a healthy status, and expect to achieve the next development in the market.