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Research On Cost Control Of Aluminum Company From The Perspective Of Supply Chain

Posted on:2023-11-09Degree:MasterType:Thesis
Country:ChinaCandidate:H X XuFull Text:PDF
GTID:2531306788459714Subject:accounting
Abstract/Summary:PDF Full Text Request
Aluminum industry is one of the important basic industries in the national economy.In recent decades,with the economic development and scientific and technological progress,China’s aluminum industry has also developed rapidly,and its position and role in economic construction have become more prominent.However,in the development process of the aluminum industry,due to different resource endowments,the chain of the aluminum supply chain continues to lengthen,and the cost of the supply chain continues to increase.Especially in the context of economic globalization,the competition in the aluminum market is becoming increasingly fierce,and the cost of aluminum companies remains high,which makes the development of aluminum companies face more severe challenges,and the importance of cost control is becoming more prominent.In this environment,traditional cost control methods can no longer meet the requirements of modern enterprise cost control.Exploring and applying new and more effective cost control modes and methods that meet the requirements of high-quality development of enterprises has become an important issue to be solved in the development of aluminum companies.Based on this,on the basis of combing the relevant literature at home and abroad,this paper takes Aluminum Corporation of China Limited(hereinafter referred to as Aluminum Corporation)as the research object,combined with the changes of the company’s financial performance indicators from 2016 to 2020,and analyzes the cost control status and existing problems of the aluminum company’s main business activities such as procurement,transportation,inventory and sales from the perspective of supply chain.On this basis,the systematic overall design of the aluminum company’s cost control scheme from the perspective of supply chain is carried out,the specific application of the scheme and the guarantee measures for the implementation of the scheme are studied,the effect of the implementation of the scheme is predicted,and the countermeasures and suggestions for further optimizing the aluminum company’s cost control by organically combining the supply chain theory with the cost control activities are put forward.It is found that at present,there are still outstanding problems in the cost control of the main links of the aluminum company’s supply chain,such as ignoring the hidden cost,incomplete formulation of procurement strategy,imperfect supplier management evaluation system,inaccurate demand forecast,uneconomical inventory cost,general inventory management,and poor information connectivity with upstream and downstream enterprises.In view of the existing problems,from the perspective of supply chain,from the aspects of procurement,inventory,transportation,information,basic work and forward-looking research,it puts forward to pay attention to hidden cost control,build a scientific supplier evaluation index system,scientifically apply the real-time economic procurement model,effectively implement joint inventory management,reform the credit rating model of upstream and downstream enterprises Pay attention to the impact of various indirect factors on the cost of aluminum companies.This research has expanded the research vision of cost control to a certain extent,enriched the method system of enterprise cost control,provided new ideas for aluminum companies to further strengthen cost control,and has certain reference value for aluminum companies to make scientific decisions on cost control.At the same time,it can also provide certain reference for other companies in the aluminum industry.
Keywords/Search Tags:Supply chain, Chinalco, Cost management
PDF Full Text Request
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