M Oilfield Company Cost Management Application Research On Benchmarking

Facing the fierce competition of the modern market, competition is increasing, thesurvival and development of oil field company pressure becomes more and more big. Moilfield company also hard to escape this fate. In the current market economy environment, theimplementation of cost leadership strategy is one of the effective ways to improve enterprisecompetitiveness, so M oilfield company should continuously strengthen their own cost control,at the same time, actively explore a scientific and effective cost control strategy. M oilfieldcompany cost accounting method is a kind of traditional cost accounting metho(4) Thedownside is the basis of cost accounting is the early stage of the filling in the original vouchersand accounting vouchers. This kind of cost management method cannot have satisfied Moilfield development needs of the company. Benchmarking method can measure the cost of theinfluence degree of the influence factors on the cost. Benchmarking method can monitor thecost of each unit implementation, so as to lay a foundation for the development of the wholeoil field company. Cost management benchmarking is a combination of benchmarkingmanagement theory and cost control, it analyzes the cost of enterprise situation, set a certainstandard for the cost impact factors of the enterprise, make enterprise to catch up with thecurrent cost. Benchmarking management theory to cost control plays an important role, itcatch up with the target set for the enterprise, to find their own cost and standard costdifferences, analysis the cause for this difference, so that enterprises take effective measures intime, to provide the reference for the enterprise cost control in the future. Therefore,benchmarking management in the process of the implementation of cost control has positivesignificance in theory and practice.This paper first discusses the background and research significance of this research;Secondly discusses the present domestic and foreign scholars on the cost management theory,management theory and cost theory of benchmarking benchmarking study status, review thecost of the theoretical study of benchmark; And then briefly introduces the M oilfield company,and analyzes its cost management present situation, points out that the M oilfield companycost benchmarking method is adopted in the process of cost control has the necessity andfeasibility; Finally, we focused on the cost of the design process of benchmarking, build the M oilfield company the cost of the benchmark system, and verified for its practicality,benchmarking in cost budget management and puts forward the application of the daily costcontrol.