Research On Transfar Chemicals Strategic Cost Management Based On Value Chain Perspective

With the continuous development of economic globalization and the upgrading of information technology,competition among enterprises has become increasingly fierce.Therefore,enterprises have gradually realized the importance of cost management.Traditional cost management focuses on the costs generated by the internal production and operation,while lacking the market concept.Besides,non-integration of cost management and enterprise strategy in traditional cost management mode,will cost an enterprise long-term growth opportunities.Meanwhile,traditional cost management is hard to satisfy the realistic demand of enterprises for cost information.In order to maintain sustainable development,what kind of cost management methods should enterprises adopt? How to do it effectively?Strategic Cost Management can effectively help enterprises to solve the cost management problems.This cost management method takes into account both internal and external costs from a strategic perspective,breaking the inherent limitations of traditional cost management.In the increasingly fierce market competition environment,Strategic Cost Management has become an inevitable requirement for modern enterprises to implement cost management.In this paper,Transfar chemicals is selected as the case study object.The company has achieved remarkable results in strategic cost management.This paper firstly combs the background,strategic positioning and Strategic Cost Management status of the case enterprises.Secondly,the implementation path of the Strategic Cost Management of Transfar chemicals is explored from the perspective of internal value chain and external value chain respectively,based on the background of the chemical industry and the strategic positioning of the enterprise itself through on-site interviews and other methods.The internal value chain is divided into six links: basic activities,human resources,research and development(R&D),procurement,production and sales.While the external value chain is divided into two parts: horizontal value chain and vertical value chain.Finally,based on the above analysis of the strategic cost management of transfer chemistry,the shortcomings in the implementation of strategic cost management are discussed in depth,and relevant solutions and optimization strategies are proposed.The details of shortcomings and solutions in this case are as follows.(1)Based on the analysis of Strategic Cost Management path,this paper finds that Transfar chemicals has five aspects: "the staff structure needs to be improved,R&D expenditure needs to be strengthened,the proportion of material cost is too high,the market pricing system is not accurate,and the strategic positioning of competitors is the same".(2)In view of the problems existing in the enterprise,the corresponding solutions are proposed: strengthening the talent construction,R&D investment,improving the production cost structure,etc.In addition,this paper also puts forward optimization plans for enterprises-stabilizing material prices,adhering to green creation,etc.,in order to add wings to the development of enterprises and increase their competitive advantages.The research implications of this paper are as follows: The implementation methods of Transfar chemicals in all links of Strategic Cost Management are analyzed from the perspective of value chain,and the strategic cost management path of transfer chemistry is summarized in the logic line of "before the event--after the event".It integrates green concepts to reduce pollution and improve the greenness of products while reducing costs and controlling product quality.It has certain inspiration and reference value for guiding other enterprises that want to implement or improve Strategic Cost Management.