Study On The Improvement Of Strategic Cost Management Of D&W Packaging Company

"Strategic cost management is a core part of business strategy.It is difficult to get good result that we aim to cut cost for the purpose of cost management from cost view.The effect can be better only if we delete some of activity on the work process.” Former CFO Tang Yong of New Hope group said.He think that the core of cost control is to combine with the company's strategic development.The simple pursuit of cost saving,and cost control from traditional cost control thinking makes it difficult for enterprises to survive the increasingly fierce competition in the market.Strategic cost management is always a key problem closely related to the survival and development of enterprises.By examination into all internal and external information resources,with strategic vision,selection of blue ocean industry under market segments,the data about the enterprise itself and competitors to the development of enterprises,the strategic cost management system can help enterprises to achieve its strategic objectives of implementing strategic cost management and help to enhance the competitiveness of enterprises,achieve a lasting competitive advantage,so as to realize the business performance and qualitative leap.With the rapid changes of policy,economy,military,diplomacy,science and technology,strategic cost management of modern enterprises will change with the internal and external environment of enterprise strategy by different means and methods of cost control.D&W Packaging(Nanjing)Company(hereinafter referred to as "D&W Packaging Company")has always attached great importance to the cost management,especially the financial cost management.D&W Packaging Company began to implement the strategic cost management in 2013,then it begun to take effect.With the changing strategic environment,it occurs new problems on the strategic cost management.The author has been working in financial department in D&W Packaging Company,combined with three years of MBA study,believes the analysis and evaluation on the existing problems and D&W Packaging Company strategic cost management countermeasures is duty bound.Under this background,it will have very important practical significance by using the modern enterprise cost management theory to analyze and solve practical D&W Packaging Company in the new situation of strategic cost management.The thesis is based on the modern enterprise strategic cost management theory and research on the related literature at home and abroad,innovatively puts forward the method system of strategic cost management of modern enterprises,the use of strategic cost management in modern enterprise theory with D&W Packaging Company,uses strategic cost management of the status quo comprehensively discusses system,focuses on the analysis of the existing problems,and uses of SWOT analysis,value chain and strategic cost analysis,and puts forward some constructive advice: to introduce hidden costs into the evaluation index system,strengthen the downstream value chain analysis and optimization of supply chain management system,and improve the production process of value chain operation.This paper is divided into five chapters.The first chapter discusses the main contents and methods,research background and significance of this study.The second chapter discusses modern enterprise strategic cost management concepts and development trends,and summarizes the advanced experience.The third chapter further discusses the current situation of D&W Packaging Company strategic cost management,causes and problems,and analyzes the strategic cost analysis of the three major tools in the system.Chapter Four proposes specific problem for D&W Packaging Company strategic cost management countermeasure.The fifth chapter is the conclusion of the article,to evaluate the improvement strategy for the implementation of the expected effect,and puts forward reasonable measures.