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Research On Lean Cost Management Of X Steel Corp

Posted on:2018-06-19Degree:MasterType:Thesis
Country:ChinaCandidate:J SuFull Text:PDF
GTID:2359330515473626Subject:Accounting
Abstract/Summary:
Content:The iron and steel industry as a basic industry of China’s economy in recent years,the overall economic downturn,the steel market demand compared to the weak production decline.In the "11th Five-Year" period,China’s iron and steel industry crude steel overcapacity.Intensified competition between the iron and steel industry,and steel prices are falling.The current iron and steel industry situation is not optimistic,in the low growth,low efficiency,low price and high pressure situation.In the face of "three low and one high" situation,the steel industry needs to change the mode of production,the initiative to promote the innovation of financial management.Insufficient,the steel industry needs to decline,increased competition between industries,resulting in the cost of steel or just do not drop.Energy-saving emission reduction policies also raised the cost of steel.The traditional cost management only by raising the price to reduce the cost,but the price increase will reduce the share of the market,is not conducive to the long-term development of enterprises Show.Each enterprise has the responsibility and obligation to improve the situation.In order to change this situation,the adjustment and upgrading of structure and the importance of financial strategy and cost management have become increasingly prominent.The steel industry supply side to deepen reform,promote the steel industry to capacity.It is particularly important to the strategic layout of enterprise cost management in the whole enterprise.To capacity in the national policy call,for the survival and development of enterprises,X company introduced the lean cost management,adjust product structure,to the standard potential,reducing efficiency,effectively reducing the cost.Enterprises adhere to the "to do fine,do,do strong" as a guide,in the strategic orientation requirements,go lean the road to realize the sustainable development of enterprises.Based on the analysis of lean cost management theory,describes the specific application of lean cost management in the X Steel Corp.The paper first introduces the X Steel Corp to implement the lean cost management background,introduced the basic situation and the present situation ofcost management before the implementation of lean cost management.The cost management organization and the cost for the company.According to the specific situation of the company,puts forward the problems existing in the management are expounded.The internal and external environment change facing.Then combined with the lean cost management,put forward the implementation of lean cost management.Then describes the implementation support tools of lean cost management.And then introduces the application of lean cost management in the X Steel Corp.In the process of development and design,introduces the design company units and combined with concrete steps.The company’s actual situation and the implementation of the specific case,the lean management with the analysis of the development process.The efficient completion of development and financial processes,improve customer Customer satisfaction,to develop the most economical design.The second is the procurement process,introduces the company specific practices in the procurement process,through the iron before the original fuel research team,spare parts alliance,long-term strategic cooperation and win-win measures,suppliers to reduce procurement cost.Then the manufacturing process,introduces two innovations in the production process of the transformation and upgrading of the company.The quality and efficiency,to maximize the value of enterprises.The enterprise’s financial and business together effectively,is the key to realize the lean production process.In the process of marketing services,is to improve the quality of service,to meet the needs of customers.Cultivate high-quality sales team and the implementation of lean management to achieve the sales cost the purpose of efficiency.Finally,introduces the logistics enterprises in the logistics aspects of the specific measures to reduce the cost,improve the transportation management system and information system,combined with the previous reduced storage.Part of cost management integrates lean logistics management into each step to minimize costsThis paper also introduces the X Steel Corp lean management for non production costs,from the enterprise internal control costs,to cut costs.The enterprise,financial,business and internal implementation of lean cost management,a full range of cost control,to achieve the strategic goal of.X Steel Corp in the development of greenrecycling economy,the national response to the call,will be energy-saving emission reduction the use of cost management,cost efficiency,improve the market competitiveness of enterprises.And then calculate the results and benefits of the implementation of lean cost management effect using the synthetic calculation method related factors.Finally puts forward the reference and Inspiration of lean cost management of X Steel Corp in the same industry.This paper through literature review and case study,the whole value chain analysis.X the Steel Corp to promote modern management mode of X Steel Corp,the lean management and effective cost management together,make enterprise Management take one more step.Based on the full understanding of customer needs,customer value oriented,understand the market situation,keep pace with the market,develop a reasonable design according to customer needs and market changes,to avoid unnecessary waste.Lean cost management that each relevant departments are involved,the effective combination of the financial and business departments,realize the whole value chain management.The real-time monitoring cost schedule,cost control and dynamic understanding.
Keywords/Search Tags:Lean cost management, value chain, strategic management
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