Strategic Cost Management Research In S Transformer Company

Within the complex and volatile market environment and higher cost pressure,manufacturing companies are want to find a way how to occupy a place in the fiercemarket competition, how to survive while profit margins shrinking, companies managersare looking forward to a wide range of solutions constantly. However, market position andcompany marketing strategies of products, often determine the basic price range ofproducts, and at the same time, price competition caused products prices determined bymarket competition and bidding, not by company itself any more. Under this situation,companies will have to re-examine its own cost, so cost management has become the keysolution. Only lower cost, good service, excellent brand, rapid response service tocustomers, it will help companies win in the competition, and have an invincible positionin competitions ultimately.This article is generated by consulting strategic cost management literatures, graspingthe modern advanced strategic cost management theory and methods, taking S TransformerCompany’s cost management as research object, aims at some problems in the process ofcost management, integrates theory with practice, propose to implement strategic costmanagement ways within company, perfect the key management process, then to improvecompetitiveness and profitability of the products, help companies to get competitionadvantages continuously.