Research On Cost Control Of Manufacturing Industry Based On Value Stream Analysis

As is well known, in the world today, science and technology is changing with each passing day. Economic growth and scale speed up to manufacturing enterprises. The cost structure is becoming more complex. We always made one functional department (such as Financial Department) control the cost traditionally, but the traditional methods are in contradiction with manufacturing enterprises especially. The thesis makes an intensive study of the manufacturing enterprises' cost control on the basis of value stream analysis. The aim is to satisfy the customers' requirements and improve the traditional cost control method.The theory of Value Stream provides an effective method to control the enterprises' cost. The research will attempt to discuss the application of the theory. The thesis illustrates the value stream of each part in manufacturing enterprises. We hope that the manufacturing enterprise can be competitive through eliminating the waste of each part's crucial value stream. Based on value stream analysis, the cost control during product lifecycle can be greatly strengthened. Therefore, manufacturing enterprise can maintain the competitive edge in the world. The cost control will proceed from whole life cycle of the products, not only pay attention to the production process, but also consider the development program, purchasing, after sale service, etc., in order to develop all sorts of chances, achieve the goal of obtaining competition advantage.The article falls into three parts. The first part, including chapter one and chapter two, is the theory of foundations, which analyze the theory of value stream and cost control. The second part is the chapter three, which explains the principle and procedure of value stream cost control in order to find the best way to reduce the production cost. The third part contains chapter four and chapter five. On the foundation of value stream cost analysis, we will discuss the main implementations of manufacturing enterprises cost control. We hope the theory can enrich the cost control system through working out with care and detail.