Optimization Of Value Chain Cost Management In Xinyu Iron And Steel Company

With the rapid development of modern science and technology and economic globalization,the competition pressure of Chinese steel enterprises is increasing gradually,and the cost management of steel enterprises is also the core competitiveness of the enterprises.Since the reform and opening up,the steel industry has developed vigorously,and the excess capacity of the market has gradually reached saturation.In this context,the cost management of enterprises is very important.The state is driving steel enterprises to "de capacity" and "cost reduction" structure transformation,cost management has become very important.However,some enterprises usually focus on several core links,only focus on the cost of some parts without considering from the overall perspective.Product cost can not be reflected timely,accurately and completely,which leads to some links cost management better from time to time,but the total cost of products can not be better controlled.Cost management of value chain refers to the analysis of the whole value chain,not only focusing on the internal cost management,but also the cost management of the external links.The thesis makes a systematic analysis of cost management in all aspects of production and management of value chain,overcomes the shortcomings of existing enterprises,focuses on the cost in the production process,can effectively promote the enterprises to reduce costs and gain profits,and have competitive advantages.This thesis first looked up and analyzed the current situation of the research on cost management of value chain at home and abroad,discussed the basic theory of cost management of value chain,and analyzed the advantages of cost management of value chain.Secondly,taking Xinyu Iron and steel company as the research object,the thesis introduces the production and operation status and basic cost management process of Xinyu Iron and steel company.Based on the value chain theory,the cost management analysis of Xinyu Iron and steel company found that it did not pay enough attention to the external value chain cost management,the existing cost accounting method was not accurate and some employees lacked the awareness of value chain cost management.Finally,the cost management optimization measures from the perspective of value chain are put forward.In the production process,the activity-based costing method is used to optimize the accuracy of the cost accounting party results,the purchase cost is reduced under the economic batch order mode,and the information collection with the upstream and downstream enterprises of the external value chain is strengthened,so that the company can raise the attention to the external value chain,and put forward the guarantee of implementing the cost management of the value chain Initiatives.Improve the efficiency of enterprise resources utilization in the whole value chain,and finally achieve the cost reduction and benefit creation of the company.Through the analysis of the cost management of the value chain of Xinyu Iron and steel company,the cost management of Xinyu Iron and steel company is optimized,on the other hand,it also provides reference and reference for similar enterprises.