Research On The Establishment And Operation Of LZ Group's Profit Center

In recent years,as the industrial chain of the global automotive industry has gradually shifted to the domestic market,the domestic manufacturing industry has also been continuously upgraded intelligently.China's automobile and auto parts industry has made great progress.However,as a cyclical industry,automobile is greatly affected by the domestic and foreign macroeconomic situation.Tianjin LZ Wheel Co.,Ltd.is one of the largest aluminum alloy wheel manufacturers in China.It also faces the risk of price fluctuations,rising labor costs,lower profitability and lower gross profit margins in the automotive industry and manufacturing.As a decentralized management mode,profit center is not only an important management system,but also a supplement to the organization form of functional responsibility and an important performance appraisal system.lt is of great significance for stimulating enterprises to implement refined management,strengthen cost control level and strive to expand every link of profit formation chain.Therefore,the application and practice of the profit center system in manufacturing enterprises is worthy of our research and consideration.First of all,this paper introduces the background and significance of the topic,reviews the relevant research trends at home and abroad,and introduces the connotation,characteristics and types of responsibility accounting and profit center.This is the theoretical basis of the article.Secondly,this paper introduces the basic situation of LZ Group and the specific application practice of the company's profit center.From the company's main products and production model,the background of the implementation of profit center,the support conditions for establishing profit center,to the division of profit center,the formulation and implementation of profit center budgets,the assessment of the budget,the implementation effect and the existing problems,all have been studied in detail.This is the case study part of the article.Finally,combined with the problems existing in the construction and operation practice of LZ Group's profit center,suggestions are put forward for its dynamic optimization,and strives to provide reference for the promotion and application of the profit center in manufacturing enterprises,so as to realize the maximum value and benign development of profit center.This is the result of the article.