The Research Of Strategic Cost Management Of Shanshan Advanced Material Co.ltd.

It is already not adaptable for the needs of the development of enterprise costmanagement to high-tech industry because of its cost structure characteristics that theenterprise use traditional cost management thoughts. Enterprise should have stood onthe strategic height to view the cost, and strategically expand the scopes and methodsof the traditional cost management. It must seek enterprise sustainable competitiveadvantage by constructing the cost management system in accord with the strategicmanagement of the enterprise.The paper is from the reality of shanshan advancedmaterial co.ltd to strive to construct the matching strategic cost management systemof the development target of the corporation strategy based on the strategic costmanagement thoughts as the foundation.Firstly, This paper in depth and systemically research and analyse the costmanagement status about shanshan advanced material co.ltd, and find out the existingproblems and reasons, and reveal the necessity and feasibility of the enterprise'sstrategic cost management. Then this paper adopt Shank'model that was recongnisedat present and use the analysis tools of the strategic cost management to providestrategic perspective for the cost management of the corporation. mainly include:strategic positioning analysis—determine the competition strategy of the costmanagement of the enterprise. value-chain analysis—learn about the value activitiesof each operating unit of the enterprise, cost drivers analysis—adopt pertinentlymeasures to reconstruct the value activities of the influenced cost drivers,To optimizethe strategic cost management system of shanshan advanced material co.ltd. and thenperformance evaluation analysis—provide basis for decision-making for strategic costmanagement of the next step. It is also necessary to take some measures to guaranteethe smooth implementation of strategic cost management on organization, enterpriseculture, regulation construction, information construction.This paper hope that it is helpful to implement the strategic cost management ofthe enterprise by the research of strategic cost management about shanshan advancedmaterial co.ltd, At the same time, it also provide certain references to hich-Techindustry in our country.