Research On The Cost Management Of Research And Development Of Biological Products In W Company

As the market competition becomes more and more fierce,if modern enterprises would like to keep a foothold in the industry and become international and industry-leading companies,continuous and steady profits must be maintained and long-term competition strategic management should be introduced to maintain market competitiveness.It is excessively unilateral that enterprises merely reply on marketing strategies and product scale economy to increase sales revenues.Therefore,managers must utilize all kinds of means to reduce costs.In this case,product cost management appears extremely important,and the same is true in bio-pharmaceutical enterprises.Currently,bio-pharmaceutical industry being a key development field of the 13 th Five-year Plan,its innovation ability and curative effect facilitate enterprises to keep competition ability.The research and development of biological products are what bio-pharmaceutical enterprises pay much attention to.However,in the production stage of biological products,the room for production cost reduction is quite limited.The total product cost can be reduced by 5% at most,whose effect is quite unsatisfactory.Besides,the expenses in the research and development stage of biological products account for 60% to 70% of the total costs,from which it can be seen that the management of research and development cost of biological products plays an extremely important role in enterprise operation activities.Case analysis serving as the research method,how to reduce the research and development cost of biological products was analyzed in the thesis.First of all,this thesis illustrated the research background and significance,organized research findings of cost control at the product design stage in domestic and foreign engineering science field and accounting field,and proposed relevant concepts of product research and development cost management.Then respectively from the aspects of research center's organizational structure,project budget estimation stage,research and development budget design stage,budget execution and process control stage,the current situations of research and development cost management and existing problems of biological products of W Company were analyzed.Lastly,the research and development cost management of biological products was optimized,so as to raise the cost management level as well as maintain research and development efficiency and market competitiveness.The innovative highlights of this thesis are mainly embodied in following aspects: Firstly,the research and development cost management of biological products is an interdisciplinary and integrated research content.This thesis adopted a brand new perspective to combine accounting with engineering science,thus establishing a “goal-implementation” cost management system applicable to pharmaceutical industry;secondly,performance evaluation indexes of research and development cost management in biological product industry were proposed,forming a favorable circulation of “beforehand control and afterwards evaluation layer by layer”.