Research On Cost Management Optimization Of Y Textile Company Based On Make-to-order

Cost management is an important part of enterprise management,and directly affects value creation and sustainable development of the enterprises.Regarding whether the textile and clothing industry,as a traditional manufacturing industry,keeps competitive in the fierce competition,cost management is an inevitable topic.With current economic globalization and the rise of trade protectionism and unilateralism,China’s textile industry has been slowly growing for many years.Chinese government has proposed a strategic policy of supply-side structural reform,and one of the methods is to reduce corporate costs.In addition,the State has strengthened environmental protection,industrial upgrading,adjustment and shrinkage of labor demographic dividends,resulting in significant increase in the product costs of the textile products,less profits and higher survival pressure.It is necessary and urgent to improve corporate competitiveness by optimizing cost management.With the increasingly fierce competition,personalized products and make-to-order increase,and many textile companies have switched from mak e-to-stock to make-to-order.In term of make-to-order,customer demands present obvious differences and small and multiple batches,and inventory reduction has bec ome a production trend.Make-to-order combines order difference and cost leadership,which h as become a hot topic of research and discussion in the academic and practical circles.On this basis,cost management of make-to-order was discussed based on years of work experience in production operation and financial management in Y textile company,a s well as cases that I experienced.Taking Y textile company as an example in this paper,the literature research method,statistical analysis method,case study and other methods were used to analyze the Company’s cost management status and problems.The optimization schemes and guarantee measures of make-to-order were proposed,and the effectiveness of optimization applications was summarized.Based on the theories of enterprise cost management and production mode,starting with the analysis of the development background of the textile industry,the theme and significance of the thesis research were proposed in this paper.Secondly,through data mining and financial analysis of current cost management of Y textile company,the current cost management of Y textile company was analyzed;besides,the characteristics and difficulties of cost control for make-to-order were studied,and the necessity and feasibility of its adjustment were analyzed;thirdly,the cost optimization paths,improvement schemes and guarantee measures were proposed for the current status of Y textile company,and the effectiveness of make-to-order was evaluated;finally,relevant conclusions were drawn so as to drive Y textile company and other peers to establish a perfect and efficient cost management system and enhance the core enterprise competitiveness.This research aimed to diagnose the current cost management of Y textile company and analyze problems,help Y textile company to improve,optimize and upgrade the cost management methods and means,improve the overall cost management level,enhance economic benefits and strengthen sustainable competitiveness.I hope this research will facilitate the research on cost management theory of make-to-order,thus providing a certain reference for cost management of the textile enterprises.