Research On Logistics Cost Management Of SY Medical Equipment Co., LTD

In the trend of economic globalization strengthening as well as growing market competition today, relying on reducing raw material so as to reduce the cost of "the first profit source" and improving labor productivity to increase the profit of the "the second profit source" has been unable to meet the needs of the manufacturing enterprises to enhance competitiveness. Modern logistics complied with the progress of the society and the requirements of the times, has become an important driving force of rapid economic growth. Enterprise also gradually realized the importance of logistics management, and regarded it as "the third profit source". Logistics cost management as the most important part of logistics management, can effectively help enterprises to reduce unnecessary logistics costs, so as to create more profits and enhance competitive advantage for enterprise. However, at present most manufacturers of our country have been focusing on production and ignoring the circulation, which makes the logistics cost is generally too high, it also becomes the deadly short board of enterprise sustainable development. In addition, the academic study of logistics cost management in China started late, at the same time the corresponding practical experience is insufficient, which lead to people lack of the correct and scientific understanding of logistics cost management. This is a serious impediment to the improvement of enterprise logistics cost management theory and practical application. Therefore, how to reduce logistics cost, and give full play to the important role of logistics cost management in enterprise management, become the main content of this paper’s research.This paper consists of six parts:The first part is the introduction. First elaborated the research background and research significance of this paper, and then introduces the research methods and ideas of this article. The second part is the logistics cost management related theory analysis. Firstly introduces the content and method of logistics cost management; Then illustrates the basic theory of research presented in this paper. The third part is the status quo of logistics cost management in S Y Company. The fourth part points out the problems of the logistics cost management in SY Company mainly include:logistics cost accounting is not scientific, main project of logistics costs is too high, logistics cost benefit from different departments, the low level of information application in management process and lack of professional talents. Through the analysis found that the reasons for these problems are lacking logistics cost accounting standards, extensive transportation management, the weak logistics cost management consciousness, the small investment funds of information system, and the unperfect professional personnel training system. The fifth part is the Suggestions to improve the SY Company logistics cost management. Mainly includes:to introduce the activity-based costing in logistics cost accounting, the transportation management strategies to reduce transport costs, enhance the consciousness of the logistics cost management, construction of modern logistics management information system and to strengthen the construction of talent team. The last part is to summarize the full paper.Through the research of the SY company logistics cost management problems, to some extent, can help the company to strengthen the logistics cost management, so as to reduce logistics costs, improve enterprise competitiveness. At the same time, also want to work for other enterprise’s logistics cost management to provide certain reference.