JT Company Cost Management Optimization Research

The distribution of V-Ti magnetite in China is very wide,and the proved reserves are also very rich.The reserves and comprehensive utilization rate have been the third in the world.In 2013,the national development and Reform Commission issued the "letter on Approving the establishment of Panxi strategic resources innovation and development pilot zone" and the "Twelfth Five Year Plan" for comprehensive utilization of vanadium and titanium resources and industrial development,which clearly put forward that the mineral resources belong to the national strategic resources.Since the 1970 s,The scientific research workers of the superior group company affiliated to Panzhihua Titanium Technology Co.Ltd.(hereinafter referred to as JT company)of Panzhihua Iron and steel group began to explore the process and technology of extracting titanium from titanium bearing blast furnace slag,and extract and utilize titanium resources from blast furnace slag.In 2020,the person in charge of the enterprise will list "strategic leadership determines the core competitiveness of the enterprise" and "cost change as an important part of the strategic planning" as the key points of the enterprise's strategic development in combination with the "development plan of Pangang 2020-2022" and "development plan of Pangang during the 14 th five year plan",so as to compare with the advanced enterprises in the same industry.JT company in the process of experimental research,in addition to continuous technological innovation,the more important task is to adhere to the cost of research.This paper uses the theory of cost management,collects and sorts out the production and operation data of JT company,and finds out the problems in the process of cost management in the production line by using the method of input-output analysis and comparison and investigation?The results show that: JT company's operating revenue and raw material cost,fuel cost,spare parts and materials,manufacturing costs and period costs have a certain trend.Combined with the production practice of titanium extraction from blast furnace slag,this paper analyzes the main problems existing in the cost management of JT company from four aspects of cost accounting,analysis,decision-making and control,and formulates the corresponding improvement scheme and guarantee measures.