The Optimization Research On Comprehensive Budget Management For SRG Company

As the open of China Auto market,China auto parts industries have boost huge development.As the same time,many different advanced management theories have appeared.Comprehensive Budget management,Mid-long-term strategy,dynamic rolling forecast,advancing ERP,standard cost implement,performance management etc.have been growing in manufacturing industries of China.However,how to develop one set of good system from these theories to support company’s growing is a good study work at current time.China have been the first-class scale manufacturing country with the rapidly development in manufacturing industries.But with the serious competition of global and labor cost increased,program profit had been dropped.How to make the forecast and proposal for the uncertainty in the future demonstrate entrepreneur’s capability to control the risk and continuously development.SRG is one multinational company for product auto parts,but still exist the problem at integration of a comprehensive budget management system,which were strategy plan,annual plan,performance appraisal.The annual plan doesn’t link with strategy plan,and the performance review doesn’t refer to annual plan of plant,so it led to the budget cannot take as a guideline for the plant development.This thesis introduces the research on theory of the strategy plan,comprehensive budget management,rolling forecast and performance management at first,then analysis and study the logical relationship between these management tools.Secondly,through analyzing current macro-economic and current budget management situation in auto industries,we studied and analyzed SRG company current situation at comprehensive budget management,found the problem behind it.Last,through the improvement in the comprehensive budget management,we decompose strategy plan to every year,then annual budget target follows this decomposition goal,next set the K.P.I link to annual budget’s operation target.With the combination of strategy plan,comprehensive budget and K.P.I,they are on the same road now.Next,we monitor and track the progress and results by the rolling forecast,if there are some change,we can adjust our action plan quickly so that achieve our target.