The Planning Of Strategic Cost Management Of WT Pharmaceutical Industry Co.Ltd.

In recent years, in the enterprise management practices of a few countries such as UK ,America and Japan , the strategic cost management has become a powerful weapon which is used to strengthen cost management and win the competitive opportunity by enterprises of above-mentioned countries . China's enterprises have been probing the scientific methods in the cost management field and have accumulated a wealth of experience in the cost management field. But these experiences are limited in the traditional tactical cost management field. Furthermore China's enterprises hardly researched the strategic cost management. In order to improve the level of cost management of china's enterprises, it is necessary very much for china's scholar to reinforce the research of theory and practice in the cost management field, which is the studying and composing intention of this thesis.The article divides into six parts.The part one firstly analyzes the change of the modern company market surroundings and the challenge facing the traditional cost management. Next, the thesis draws a conclusion that the form of strategic cost management is the inevitable trend of history development course.Afterward, the thesis studies and summarizes the main problem existing in the cost management field of china's enterprises, the current situation of domestic and foreign research and the distinguishing feature of strategic cost management. Eventually, the thesis points out the practical or immediate significance of applying strategic cost management to china's enterprises.The part two systematically introduces the essence, the fundamental and the main content of strategic cost management. As far as the content of strategic cost management is concerned, the thesis focuses on introducing the SHANK Theory about improving the competitive position of enterprise.The part three expounds the basic procedure of the strategic cost management such as predict of strategic cost, plan of strategic cost, control of strategic cost and outstanding achievement evaluation of strategic cost management.The part four firstly introduces the basic things and old costing system of WT pharmaceutical industry Co. Ltd. On the basis of analyzing the old costing system, the thesis comes up with some suggestions of improving the level of costing system.The part five completely analyzes the value chain, inner and outer surroundings and cost drive of WT Company through the three tools of SHANK Theory. By the analysis of value chain, the thesis tries to find the way to improve the activity and reduce the cost. By the analysis of SWOT, the thesis draws up the appropriate developmental strategy of WT Company. By the analysis of cost drive, the thesis tries to find the way to improve the level of cost management and reduce the cost.The part six, on the basis of above-mentioned synthetic analysis, essence of strategic cost management and actual conditions of WT Company, draws up the total and routine strategy of WT Company. According to above-mentioned strategy, the thesis gives a little planning of strategiccost to WT Company from value chain, developing new product and human resource management.The strategic cost management is an applied science that has strong practice. The thesis tries to put theory and practice on the same important position. Meanwhile, the thesis not only summarizes the theory of strategic cost management, but also probes the practice of strategic cost management in our enterprises. In combining theory with practice, the thesis tries to seek the planning ways of strategic cost management that adapt the actual conditions of our enterprises. Of course, there is a long distance for our enterprises to establish the mature and perfect theory of strategic cost management.