Research On The Strategic Cost Management Of Oil Enterprise Based On The Sustainable Development

Energy is the indispensable production factor and material base of nationaleconomy and social development. The oil enterprise, as a kind of the energy company,plays an important role in national economy. However, there are many problems inthe development of our national oil enterprises. Sustainability of oil and gas resourceis threatened severely, and simultaneously the external diseconomy on ecologicalenvironment and society caused by the production of oil enterprise is more and moreobvious, which seriously affects the sustainable development of oil enterprise andregional economy. Along with the progress of industry chain optimization andreformation in recent years, it has been the critical issue of the sustainabledevelopment of oil enterprise to implement strategic cost management, improveeconomic performance and enhance international competitiveness. Therefore, theresearch of strategic cost management basing on sustainable development of oilenterprises has great theoretical and realistic significance.The current situation and existing problems of oil enterprises are summarized inthis paper basing on relevant research achievement field investigation, also thesustainability evaluation and strategic cost management of oil enterprises arediscussed. According to the thinking of ‘literature review and theoreticalanalysis—existing situation analysis—model application—empirical analysis’, thetheoretical research and empirical analysis of strategic cost management basing onsustainable development are carried through in this paper adopting normative research,field research and the combination of theory analysis and empirical research, which ishoped to provide reference for the development and capability promotion of oilenterprises.Firstly, the problems of cost management existing in our national oil enterprisesare analyzed in this paper. There are still deficiencies in oil enterprises althoughvarious cost management measures have been taken and certain effects are obtained.It is necessary to introduce sustainable development concept and strategic costmanagement thought, innovate cost management methods, expand cost managementscope, complete cost management regime and implement the strategic costmanagement basing on sustainable development. Secondly the sustainabledevelopment capability of our oil enterprises is evaluated in this paper. Thesustainable development capability evaluation index system of oil enterprises isstructured in this paper and fuzzy comprehensive evaluation method is adopted to evaluate the sustainable development capability of a certain oil enterprise. It ispointed out that the work emphasis of oil enterprise is to discover reserves andenhance economic value while keeping environmental performance, which providingreference for seeking key factor of sustainable development and improvingsustainable development capability of oil enterprise. Thirdly, the strategic cost driverof oil enterprise in analyzed in this paper. DEMATEL method is used in quantitativeevaluation of strategic cost driver for the first time and the key drivers are selected.The key strategic cost driver of oil enterprises are singly optimized which could helpthe oil enterprises distinguishing the development tendency and direction of costmanagement. Lastly, empirical analysis of value chain in oil enterprises is carriedthrough. Quantity model of internal value chain is mainly structured and empiricalresearch is conducted, and finally the optimization space among operations in valuechain is figured out.