Logistics Cost Control Strategy Of W Company

Since the outbreak of COVID-19,the global economy has been hit hard and the number of unstable factors is increasing day by day.How to achieve positive economic growth and restore the vitality of the national economy on the basis of the strategic victory in the fight against the epidemic has become an urgent national economic problem.As an important branch of modern logistics,iron and steel logistics is an important guarantee for the production and circulation of iron and steel products.The iron and steel industry has always played an important role in the national economy and played an important role that can’t be ignored in all aspects.In today’s economic environment,as a key industry of the national economy,the sustainable and stable development of the iron and steel industry is very important.However,it needs to be focused on that with the rise of the international iron ore market price,the problems of overcapacity and unreasonable structure in the iron and steel industry are gradually exposed,affecting the overall operating profit of the industry and becoming a low profit industry.Iron and steel production enterprises began to focus on the management and control of logistics costs and develop the "third profit source" of enterprises.Through the management and control of logistics cost,reduce the overall cost and enhance their own competitive advantage.Therefore,promoting the further improvement of iron and steel logistics management,reducing logistics cost and helping to achieve comprehensive "cost reduction and efficiency increase" is a new key topic to deepen logistics cost management under the new development trend of iron and steel enterprises.The characteristics of logistics cost determine that cost control is relatively difficult.In the research process,this paper adopts the form of qualitative and quantitative combination,and takes W company as the research object to analyze the specific process of logistics cost of iron and steel production enterprises.Firstly,it explains the current research status at home and abroad,and analyzes the logistics cost theory of iron and steel production enterprises;Then,based on the logistics cost management practice of W company,this paper explores three problems existing in its logistics management cost control: unscientific cost accounting method,weak awareness of cost control and inaccurate data.On this basis,the paper analyzes the necessity and feasibility of introducing activity-based costing.Therefore,through the mapping between activitybased costing and enterprise cost management objectives,this paper quantitatively studies the logistics cost management of W company.First,obtain real and effective data through field research and data collection methods to avoid data distortion;Secondly,taking the special steel and ordinary steel products of W company,the cost control model is successfully constructed by establishing the resource database,determining the activity and activity center,and establishing the cost driver.Then,the differences of logistics costs of the two kinds of products are compared and analyzed by using the activity-based costing method and the traditional costing method.The research results show that the conclusion obtained by using the activity-based costing method is more reliable;Finally,based on the above results,the corresponding optimization scheme is proposed.There are 6 figures,17 tables,and 60 references in this dissertation.