Research On Cost Management Strategy Of W Aquaculture Company

Based on cost control theory and lean production theory and current cost expenditure situation of W Aquaculture Company,this paper puts forward three cost control strategies,including raw material cost,production cost and logistics cost.On raw material cost reduction side,centralized purchasing,electronic bidding and long-term supply agreement have been implemented,and the cost reduction is significant.In the strategy of production costs reduction,measures have been taken to accelerate inventory turnover,optimize energy cost expenditure and non-core business outsourcing.The company's power cost has reduced dramatically.In the logistics cost reduction aspect,several cost reduction and optimization measures have been implemented to reduce transportation cost,loss in logistics process and warehousing cost are Through the analysis on the cost management strategy of W Aquaculture Company,the management capability and cost management ability of W Aquaculture Company has been improved and the the market competitiveness has been strengthened.This paper also bringinspiration and reference to other aquatic enterprises,and benefit the whole industry.