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Research On Optimization Of Raw Material Cost Control Strategy Of H Company

Posted on:2022-11-28Degree:MasterType:Thesis
Country:ChinaCandidate:M J MaFull Text:PDF
GTID:2492306758995589Subject:Accounting
Abstract/Summary:PDF Full Text Request
Company H was established under the background of the rapid development of automobile production and sales.It mainly produces key aluminum alloy die-casting parts related to automobile safety performance.The raw materials are relatively simple,only the aluminum alloy ingot of the Japanese brand ADC12.The main products produced by Company H include steering rack housing,worm housing,sensor housing of automobile steering system,camshaft housing and balance shaft of automobile engine system.Relying on the resources and technology of the Japanese head office,in the past few years,customers,orders,and product types were relatively fixed,and the development of the enterprise was relatively stable.In the process of the company’s follow-up development,it encountered the impact of sudden changes in the external business environment such as the rapid development of new energy vehicles.Company H formulated a series of business strategies such as developing new customers and developing new products.The changes in business strategies led to the profit of Company H.rate has dropped significantly.In order to cope with these new changes and improve profit margins,Company H uses the theory of comprehensive cost management for raw materials whose cost accounts for about 50%.In the design stage,a special design organization was established,professional design talents were cultivated,simultaneous engineering was adopted in the design stage,and the method of value engineering was used to formulate cost optimization strategies for the cost control of raw materials in the design stage,and formulate the new product development process.,establish a system of continuous training of technical talents to ensure that the optimization strategy of raw material cost control in the design stage can be effective;In the procurement stage,a breakthrough attempt was made to optimize the raw material cost control strategy of decentralized local procurement.The implementation of this strategy greatly reduced the procurement cycle,established a raw material procurement price benchmark,and introduced a competition mechanism for multiple local suppliers.,while shortening the delivery time,ensuring that competitive purchase prices can be obtained,and using digital systems to carry out intelligent procurement and intelligent inventory management,eliminating the obstruction of information channels and the failure of procurement due to human calculation errors;In the production stage,from the perspective of quality cost,by improving the proportion of raw material components,the problem of sudden quality cost surge has been improved,and a long-term raw material component confirmation mechanism has been established to ensure the stability of raw material components,and eliminate the problem of raw material components.Once again lead to the problem of sudden surge in quality cost,from the perspective of total quality cost,analyze the problem of failure cost in the process of raw material utilization,through scientific experiments,improve the ratio of new and old raw materials,reduce the cost of raw materials,at the same time,Through the establishment of a quality cost management team with the upper level of the company as the core,the quality cost management regulations have been formulated,and the previous quality cost accounting function has been expanded to a complete quality cost management model including quality cost forecasting,decision-making,planning,accounting,analysis,and improvement.Provides a guarantee for the long-term and stable implementation of the quality cost.H Company passed the optimization strategy of raw material cost control,but also successfully spent the short-term crisis caused by the external operating environment to H companies,but also happened to the external business environment.The improvement of the intended operation of the business layer.The optimization strategy of raw material cost control implemented by H company not only lays a foundation for the company’s raw material cost control,but also provides practical cases for continuous improvement of raw material cost,enriching the research on the whole process of raw material cost,in the contemporary market competition with fierce cost,Under the background of the rapid growth of raw material costs,it also accumulated experience for the improvement of the same type of industry.
Keywords/Search Tags:raw materials, total cost management, supply chain and procurement management, quality cost
PDF Full Text Request
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