Cost Management Research Of Z Equipment Manufacturing Companies Based On Value Chain

With the development of economy,the progress of science and technology and the fierce global competition,the traditional cost management model has been unable to adapt to the new economic environment.Enterprises should take the initiative to change the traditional concept of cost management,and actively adopt modern cost management methods.And the value chain cost management,from the strategic dimension,the spacial dimension of the value-chain alliance enterprises,and the time dimension of the whole life cycle,integrates the value chain theory and cost management theory.It requires enterprises to consider their own interests as well as the interaction and cooperation with stakeholders as a whole.To implement cost management based on value chain is an effective means to ensure the cost advantage of enterprises,and an important way to improve economic benefits and enhance market competitiveness.Therefore,it’s necessary to upgrade to the value chain cost management mode from the traditional cost management mode.It can effectively reduce the cost,improve the level of cost management,enhance the market competitiveness,so that enterprises maintain sustainable competitive advantage.In this paper,the author started from theoretical research,combined with field investigation,took Z Equipment Manufacturing Company as the research object,and studied its value chain cost management.First of all,by extensively reading the research contents of domestic and foreign scholars on value chain and value chain cost management,the author deeply understood the relevant theoretical knowledge of value chain and value chain cost management,and summarized the research results of domestic and foreign scholars in this field.Second,through field research in Z equipment manufacturing company,the current situation of Z equipment manufacturing company’s cost management was analyzed from some aspects,like the competitive environment,operating conditions,cost and effect of cost management and so on.This paper put forward the problems existing in the current cost management mode,and the necessity and feasibility to implement the value chain cost management.Third,the paper identified and analyzed the value activities of Z equipment manufacturing company from internal value chain and external value chain,and designed value chain cost management scheme for Z equipment manufacturing company.Finally,it put forward the safeguard measures to implement value chain cost management for Z equipment manufacturing company.Through theoretical and practical research,this paper shows the improved current cost management mode of Z Equipment Manufacturing Company after the introduction of value chain concept.It can help the company create new competitive advantages,lay a foundation for the company to realize long-term development strategy,and also provide some reference for other enterprises in the equipment manufacturing industry.