Research On Cost Management Diagnosis Of Z Company

In recent years,due to the global economic downturn,China's economic growth rate has continued to slow down.The government is trying to shift the economy from investment-driven to consumer demand and service-driven.The growth of fixed-asset investment has decreased,making many manufacturing industries face Unprecedented challenges mean that enterprise management,especially cost management,is undergoing profound changes.Cost management is an important means for enterprises to achieve profitability goals,and it is also an important way for enterprises to establish competitive advantages.To survive and develop,enterprises must strive to reduce costs in order to improve their production efficiency.At present,the case study for cost management diagnosis is still lacking.The cost management diagnosis lacks systematic and scientific models and methodologies for guidance,and the diagnostic effect is not good.It is very necessary to conduct special and systematic research.Based on the systematic research on cost management diagnosis literature at home and abroad,this paper takes Z Automobile Parts Manufacturing Company as the case study object,and investigates and analyses the production scale,operation status,financial status and cost management status of Z Company by collecting financial information and interviewing on the spot.Then,the cost management and cost accounting methods of Z company's cost strategy,purchasing link,production link,warehouse and inventory are studied systematically.The causes of the disadvantages of Z company's cost management are explored,and the corresponding improvement measures are put forward to solve these problems.This topic uses the concept and method of cost management diagnosis to make a comprehensive and systematic diagnosis of cost management,including financial information and non-financial information.It is not only the management and control of production cost in the production field,but also the whole process of production and operation of the enterprise,involving cost strategy,procurement,inventory,logistics cost and other aspects and links.Through the diagnosis of the cost management problems of Z company,it is found that there are problems in the cost accounting and cost control management of Z company.According to the cost management diagnosis results of Z company,the activity-based costing method is introduced to calculate the cost of product cost in the whole process of enterprise activity and further analyze the activity-based and cost driven factors.By eliminating some non value-added maintenance and packaging operations,improving key value-added production,power and transportation operations,reducing labor hours,power consumption and otherdrivers to achieve cost control,and corresponding to the implementation of timely production system,establishment of equipment maintenance management system,construction of efficient warehouse circulation chain,improvement of technical level,energy conservation and consumption reduction and other improvement measures.It is hoped that these countermeasures and suggestions will be helpful for Z company to improve its cost management of aquatic products,improve its profit level and enhance its competitiveness.