Research On The Innovation Of Cost Engineer's Working Mechanism

At present,China's economy is in the transition period from high-speed development to high-quality development.High-quality economic growth has become one of the primary problems of high-quality development.However,there are many problems in modern enterprises,such as lack of innovation power,imperfect management system,unclear development field,etc.As the representative of microcosmic subject,manufacturing enterprises are the important engine to promote the high quality economic growth.Under the background of high-quality economic growth,in order to adapt to the characteristics of industry competition,improve the profitability of products and enhance the core competitiveness of enterprises,it is particularly important to explore the innovation path of cost management.As a military civilian integrated enterprise in high-end manufacturing industry,L company puts forward and effectively implements the working mechanism of cost engineer,which provides a case with rich reference and significance for solving this problem It also provides theoretical exploration and thinking for the transformation and innovation of management accounting.Starting from the relationship between high-quality economic growth and the development of manufacturing enterprises,this paper reviews the existing theoretical research results and deficiencies by using relevant theories.Taking the innovation of cost engineer working mechanism of L company as an example,based on a comprehensive and systematic review of its practical background,implementation content and implementation effect,this paper systematically studies and analyzes how the company adheres to the principle of "quality first,benefit first",based on the company's strategy and business model,combined with the perspective of target cost management of the whole value chain,built the realization path of business and finance integration,creating a cost management innovation path for upscale manufacturing industry,and provide relevant practical experience and theoretical value.This study found that L company stands in the perspective of target cost management theory,combines with the concept of industry finance integration,through the establishment of price linkage mechanism,breaks the organizational barriers and information isolation caused by specialized division of labor between design,manufacturing,procurement and market,takes the lead of cost engineer to participate in the review work of project research and design stage,strengthens the source control ofproduct cost,uses value engineering analysis tools to optimize the scheme,and supervises the implementation of cost reduction measures.At the same time,establishes performance evaluation and incentive mechanism,encourages cost engineers to actively provide cost reduction ideas and guides the whole staff to establish cost reduction awareness,and extracts systematic successful experience in the innovation practice of cost engineer's working mechanism,so that it can promote and copy the value,and then provide theoretical reference for enriching the relevant research of cost management theory and cost management method innovation in the aspects of detailed decomposition of target cost,design scheme review process,standardization of product design,tracking and correction of target cost,reasonable determination of target price,consideration of optimization scheme by sections and price approval in the purchase stage.