Research On The Optimization Of Strategic Cost Management Of A Company

With the optimization and upgrading of the industrial structure,the rise of raw materials and labor costs,the disappearance of regional advantages of processing and manufacturing enterprises,enterprises’ profit is becoming more and more difficult.And with the development of automation and artificial intelligence,the former cost management methods have been unable to keep up with the ever-changing needs,enterprises must improve the way of cost management to promote their own progress.Taking A Co.,Ltd as an example,this paper analyzes its problems and causes in cost management,and based on this,puts forward appropriate solutions to enhance the cost management effectiveness.The specific research contents of this paper include: firstly,introduce the research background and significance of this paper,at the same time understand the research situation of cost management at home and abroad,expound the related theory of cost management as the theoretical reference of this study,determine the research ideas and directions of this paper,and put forward feasible research methods.Second analyze the general situation of A company and its cost management status,clarifies its problems and causes in cost management,and finally puts forward targeted solutions based on this.The first is to define the company’s strategic positioning,establish and improve the organizational structure of the company and clarify the responsibilities of all parties.Second,increase R & D investment and optimize the procurement process,so as to realize the optimization of the company’s value chain cost.Third,the concept of cost management,especially the concept of strategic cost management,should be added to the corporate culture.With the help of the balanced scorecard,reasonable and effective assessment indicators in line with the company’s strategic cost management objectives should be reconstructed,so as to improve the comprehensive quality of cost management personnel and the enthusiasm of employees,and enhance the awareness of the whole staff of cost management.Fourth,improve the overall quality of cost management personnel and the enthusiasm of employees,and enhance the awareness of the whole staff of cost management.Finally,the research content is summarized and prospected.By analyzing and researching the cost management of OEM/ODM kinds of manufacturing enterprises,this paper not only seeks the solutions and ways to solve the existing problems of the company effectively,but also improves the operational efficiency and financial performance,and provides reference for other similar enterprises in manufacturing and contract industry.