Research On Cost Management Of Shenda Poly Jianghai Hotel

Shen Da Poly Jianghai Hotel is located in Dandong Donggang District,Liaoning Province,a five-star standard private hotel,and many companies,the hotel has tried to reduce the cost of a lot of ways,but the poor results put into operation three years before the hotel,The turnover index showed a clear upward trend,but the profit has never been expected.Hotel in recent years experienced frequent changes in the management,a large number of staff turnover,reduction,turnover fell sharply,the cumulative loss of books seriously.Enterprise development of a certain period of time,revenue growth will encounter bottlenecks,cost management issues become particularly important.This paper studies the current situation of the cost management of non-business departments such as the Ministry of Food and Beverage,the Ministry of Commerce and the Ministry of Human Resources,Sales Department and Finance Department of Shenda Poly Jianghai Hotel,and uses the hotel’s large amount of financial data for quantitative analysis.Enterprise cost management of the many problems: the cost of food drinks is too high,the backlog of food ingredients serious,food and beverage consumption is too large,energy consumption and network information costs are too high,financing and tax costs are too high.And through a large number of literature analysis and experience with the industry management research led to the causes of cost management issues,mainly summarized the following: not in line with their own procurement strategies and methods;food and materials inventory management disorder;in energy saving Lack of effective targeted management rules,the lack of implementation of the existing management and management regulations;the control of human costs,the use of blindly lay off workers,reduce the wage standard method to affect the overall operation of the hotel,simply reduce the cost of labor Which is the level of hotel services,marketing and brand reputation decline,operating income also fell sharply,did not achieve the relative reduction in costs to improve the profit target;financing channels and ways there is still much room for improvement,due to the lack of national and local Government policies and regulations of the study did not enjoy the relevant preferential policies.To develop effective strategies and methods of cost management,we must first change the concept,that is,to reduce the cost of traditional way of thinking to the modern way of thinking changes,to reduce costs as a systematic project of the enterprise.In this paper,according to the cost management problems and causes of Shenda Poly Jianghai Hotel,this paper puts forward effective strategies and methods from the aspects of management and management with modern cost management strategy.In the business level,by changing the procurement model,update the procurement strategy and manage the procurement to reduce procurement costs;through the development of strict inventory management and material management system to inventory and material loss in a reasonable range;through innovative marketing model To reduce the cost of sales;through the establishment of a good talent advance and retreat mechanism and reward and punishment system relative to reduce labor costs.In the management level,through the improvement of reimbursement system and internal management system to reduce management costs;by optimizing the loan channels,loan lines and loan cycles to reduce financing costs;rational use of relevant tax policies to enjoy tax incentives.At the same time in the management level and management level to develop effective measures for enterprises,so that does not bring negative impact to the case of long-term business,the relative and effective cost reduction.