Research On The Practice Of Target Cost Management By All Staff In Oil Sales Enterprises

According to the relevant commitments of WTO,China,since 2006 has gradually opened up the retail and wholesale market of domestic crude oil and refined oil,gradually reduced tariff and cancelled the import quota administration,which is a challenge for the domestic sales enterprise.Due to intense competition,the role of cost in the competition is getting more and more obvious,the cost decides the survival and development of enterprises,low cost is an important aspect of enterprise competitive advantage and it's an important marker for maximizing the value of enterprises.Oil sales enterprises need to strengthen cost management and gain competitive advantage in the competing market.As a branch of “Management by Objective”,Target Cost Management by All Staff is gradually developed and improved by the implementation of cost control.With the economic recovery and development after the founding of the PRC,the domestic large enterprises began to explore the characteristics of their own operating characteristics of the cost management,especially the beginning of the target costing.In the practical application of target costing,the target costing is gradually extended to the employees and all-round the management.Target Cost Management by All Staff is the main pillar for controlling target costing by full participation,production and operation of all-round,the whole process control of target management system,optimization of the target cost and full control of the cost of business process.This paper is chosen as a representative for the industry of the M enterprise as an example.Analysis of Target Cost Management by All Staff is the specific application of petroleum sales enterprises which shares practice worth learning the process of practice,and in view of the deficiency in the budget system,index system,evaluation system,staff participation in the optimization of the recommendations put forward suggestions for enterprises sound budget system information platform,establish benchmarking information platform,a comprehensive and unified comprehensive assessment,to promote the cultivation of the target costing of enterprise culture.All of these can be used as reference for the establishment and improvement of the long term target costing mechanism of oil sales enterprises.