Study On Strategic Cost Management Of Tianjin Company Of China Telecom Group Co.,Ltd.

With the deepening of global economic integration and telecommunications reform,companies are forced to enhance market competitiveness.Therefore,while widening the revenue channels,the company must study the cost problem in depth and find out the methods and measures that can effectively reduce the overall operating cost of the enterprise.The traditional cost management only pays attention to the financial information of the company,and cannot obtain the strategic information which is helpful to the development of the company.Strategic cost management can make up for the shortage of cost management.Combining cost management with competitive strategy,it is a kind of content to reduce the cost expenditure in every link of the company's value chain,to improve the investment benefit and the utilization rate of resources,in order to reduce the company's integration.Cost management method for the purpose of improving market competitiveness.On the basis of combing the theoretical research results of strategic cost management at home and abroad,this paper uses the method of combining normative research with case study,taking Tianjin Branch of China Telecom Group Co.,Ltd as the research object.The strategic cost management of the company is systematically studied.First of all,the meaning of strategic cost management,the basic framework of strategic cost management,SWOT model,activity-based costing and other related basic theories are expounded as the theoretical basis of this study.Secondly,the paper analyzes the current situation of strategic cost management in Tianjin Branch of China Telecom,and points out the existing problems.Then,by defining the strategic positioning of the company and analyzing the cost drivers,the relationship between the upstream and downstream of the companyundefineds value chain is clarified,and the strategic cost management framework is constructed.Finally,on the basis of the full investigation of the company,combined with the specific situation of the company and the competition environment among the industries,the paper formulates the strategic objectives,clear accounting methods,consummates the performance evaluation system,and constructs a complete strategic cost management system.And hope to provide some reference for the implementation of strategic cost management.