| With the high speed development of auto industry in our country,the increase of car ownership and auto parts export markets to expand,China’s auto parts industry has been developing rapidly,the overall growth rate is higher than the vehicle industry in China.In 2001-2017,China’s auto parts industry sales compound growth rate of 25.67%,higher than the same period auto industry sales compound growth rate of 18.28%.Some domestic and foreign auto parts production enterprises in auto parts giant joint venture cooperation,through continuous technical accumulation,grow to become the domestic OEMs supporting suppliers of level,and vehicle manufacturers formed a very direct close relations of cooperation,for example,Yanfeng Automobile,FUYAO GLASS,etc.In 2018,China auto industry ushered in the "winter" of the first negative growth for the whole year,car sales market downturn in 2019,and sales of auto parts company basically relies on the OEMs,therefore also faces greater survival crisis and competition pressure.Along with our country’s auto market gradually saturated,OEMs in order to ensure its own profits space,through the cost,makes automobile parts company profit margins decline year by year,the cost of manufacturing compressed space is smaller and smaller,under the condition of artificial cost increase year by year,auto parts production enterprises in the quotation and development how to ensure the company’s profit margin level,how to save costs become the top priority of financial management after the production.Since in recent years,with the development of the automobile research and development technology and domestic consumer purchasing power has increased,the auto industry life cycle of the vehicle from 5-10 years reduced to 3 to 5 years,even will be updated within 3 years,accompanied by rapid market entry and exit the market of new models,research and development cost and manufacturing cost management is becoming more and more attention,how to realize the quick quote and then get more new projects,how to control the cost of development and to ensure that the research and development costs a short period of time to recover,how to make contrastive analysis of the manufacturing costs and development costs,and realize the product life cycle,to establish the system of the financial evaluation of the financial management of the company face the important issue and management of research projects.With the speeding up of global economic integration,the enterprise in the fierce competition in the market environment facing the more and more uncertainty,in cooperation with the depth of the vehicle manufacturers,shareholders put forward higher request to the promotion of company’s operating efficiency,automation,flexibility,the new technology investment increasing,under this background,the company management standardization,efficiency,puts forward more requirements accordingly.In this context,as a typical automobile parts manufacturing group company,the company’sfinancial strategy and constantly explore the new management mode,analyzes the present situation of financial management and hope that through a series of financial informatization construction,implement the business financial integration,the lean implementation financial personnel,work efficiency,standardization,improve core financial personnel skills,financial management of the product life cycle information timely feedback to internal customers and management data,more rapid development provides financial decision support for the company,the company constantly bigger and stronger in the auto parts market do health,is in an impregnable position.The purpose of writing this paper is to use in MBA study to the theory of knowledge and methodology,combined with own experience working in Y company,Study on the product lifecycle financial management based on the application of integration finance into business as a case to analysis.This paper based on the theory of product life cycle theory,financial system integration were analyzed,and suggests that the industry integration and the complementary relationship between system integration,the article then analyzes the present situation of financial management,financial management requirements,set up the development of the financial management strategy,according to the strategy for the blueprint of system integration,through a series of financial information system integration,realize the business financial integration,the lean implementation financial personnel,work efficiency,standardization,improve core financial personnel skills,employment,on the basis of financial integration,improve financial management ability,establish the system of financial management in the product life cycle,more rapid development for the company to provide support for financial decision-making.Y company’s financial informatization is a process of constant exploration,combined with the change of market environment and the company’s business development strategy,strategic implementation of financial management through the information system integration,and communities in through the top architecture planning,internal demand research,external field,the design process blueprint,system construction,the organization structure adjustment,personnel training,functional transformation and transformation,continuous optimization in construction,capital management,report management,cost analysis,financial sharing center,project management,investment management,budget management and other fields of system building gradually developed,and the building after continuously improve system functionality,continue to improve financial management ability,to seek the new development direction and the management level.This paper is based on industry system integration to promote enterprise financial management with some theoretical and case study,make propose to other auto parts enterprises of industry integration and the financial management of the product life cycle to provide management ideas and reference significance. |
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