Application Of Strategic Cost Management Based On Value Chain Analysis In LQ

Down and feather industry in China has a high proportion in export,but exports of Down and feather fell down 23.7% in 2015 rather than 2014,and end the growth trend which from 2009 to 2014,the situation is grim.It is predicted that Chinese export will still in trouble in 2016,and the export of down and feather will continue in downward pressure on exports,and the enterprises will continue to face the current dilemma,in the case of loss of cost advantage,enterprises should find their own characteristics and advantages as soon as possible,to occupy a space in shrunken market.Restricted by various conditions,LQ company cost management with the traditional cost management,pay more attention to the enterprise's internal value chain,insufficient attention to the upstream suppliers and downstream customers value chain,the costs of enterprise is difficult to decline.The change of market environment and enterprise internal and external competition,the traditional cost management encountered a bottleneck.In order to establish the enterprise's cost competitive advantage,LQ company step into the strategic cost management,and took Michael Porter's value chain as the foundation,through the enterprise integration of upstream and downstream supply chain management,reducing the cost of enterprise effectively,although the market environment is still severe,the company's various economic indicators remains steady development.This paper from the practice of strategic cost LQ company of summary of the LQ company based on the value chain analysis of strategic cost management and the specific measures shall be formulated,hope for LQ company and similar companies in strategic cost management has a certain reference value.