Research On Value Chain Cost Management Of HT Cable Manufacturing Company

With the rapid development of economy and science and technology,the application scope of wire and cable involves electric power,construction,communication,manufacturing and other industries.It is an indispensable basic product of future electrification and information society.In order to increase the market share,enhance the competitiveness and reduce the cost on the premise of ensuring the quality of products,cable manufacturers have become the development goals of many enterprises.However,traditional cost management still remains at the level of internal operations,that is,cost reduction through reducing consumption.However,under the current management mode,the traditional cost can no longer be reduced continuously.Therefore,upgrading the traditional cost management to the value chain cost management and combining the internal and external value chains can effectively reduce the cost,improve the cost management level,increase its competitiveness,so that the enterprise can maintain a sustainable competitive advantage.In this paper,the current research status of value chain cost management at home and abroad was firstly elaborated,and three theories of strategic cost management,value chain and value chain cost management were emphatically introduced,laying a theoretical foundation for the study of HT company cost management.Then,the paper analyzes the current situation of the company's cost management from the perspective of the operating status,cost management mode and system,cost structure and cost management effect of HT cable manufacturing company,and summarizes the existing problems in the company's current cost management,so as to re-examine the existing problems in cost management from the perspective of value chain management.Finally,based on HT company's strategic objectives,the paper identifies and analyzes the company's value activities and costs from the internal value chain and the external value chain,and constructs a cost management optimization framework for HT cable manufacturing company.This paper proposes the optimization scheme from the internal value chain and the external value chain,and predicts the effect of the optimization scheme and puts forward the corresponding safeguard measures.The optimized HT cable manufacturing company proves the importance of value chain cost management.Value chain cost management is the process of managing the overall cost of an enterprise's production and operation.The scope of management involves r&d,procurement,production and sales,as well as suppliers and customers closely related to the enterprise.The cost management of value chain makes the enterprise's competition no longer the competition of a single enterprise,but realizes the competition by cooperating with the related enterprises in the way of value chain.Cost analysis from the perspective of value chain,to find an effective way to reduce costs,can enable enterprises to obtain sustainable competitive advantages.At the same time,the value chain cost management has reference significance for other cable manufacturing enterprises in the industry,which is conducive to improving the overall value and core competitiveness of China's industry.