Research On Comprehensive Budget Management System Of HT New Material Company Based On KPI

As a pillar industry in China,chemical industry occupies an irreplaceable position in the national industrial industry.However,in the increasingly fierce market environment,China's chemical enterprises are facing such problems as shortage of raw material resources,high production costs,weak anti-risk ability and lack of core competitiveness,which have led to the decline of the overall development speed of the chemical industry.Under such circumstances,how to maintain the advantageous position of chemical enterprises and promote their development is an urgent problem to be solved in the chemical industry.Comprehensive budget management and key indicators analysis are recognized as effective management means in modern enterprises.Key performance indicators analysis is conducive to sorting out the process of strategic planning and promoting the realization of the strategic objectives of the company.A perfect and effective comprehensive budget management system can help the company's internal resources to play its utilizing value and enhance its core competitiveness.Therefore,introducing KPI into the comprehensive budget management,enriching the theory of comprehensive budget management,and providing new management methods for the management of chemical industry will help to improve the competitiveness of enterprises and promote the development of chemical industry.This paper chooses HT New Material Company as the research object of case analysis,and studies the comprehensive budget management system based on KPI.Firstly,this paper summarizes the research status at home and abroad by consulting literature,and defines the comprehensive budget management and key performance index analysis method on this basis;secondly,it analyses the current situation of HT New Material Company's comprehensive budget management,and points out that there are some problems in the process of the company's comprehensive budget management,such as the mismatch between budget objectives and strategies,the weak budget execution,budget evaluation and intense.Then,based on the analysis of the problems existing in HT New Material Company's current comprehensive budget management system,this paper constructs a comprehensive budget management system based on KPI,combines KPI with comprehensive budget management,designs a set of budget management indicators that refine strategic objectives to employees according to three dimensions of point and surface,and emphasizes the need to strengthen supervision and control in the implementation process.It attaches importance to the reward and punishment measures according to the assessment results,and analyses the effect of the comprehensive budget management system.Finally,the importance and feasibility are analyzed,and corresponding suggestions are put forward.This paper combines KPI with comprehensive budget management in order to further promote the implementation of the enterprise's overall strategy and play its great role in improving the competitiveness of enterprises.It is hoped that the research content of this paper can provide reference suggestions for the establishment of budget management system in traditional chemical industry in China.