Research On Cost Control Of Manufacturing Industry Based On Value Chain

Since the 21 st century,the domestic and international economic and technological levels have shown rapid development overall.Each part of the market economy has been fully developed.As a manufacturing industry that occupies a certain proportion in the entire economy.Over the decades,it has achieved great development and reached a relatively high level.Rapid development often leads to more intense competition in the industry.What is certain is that the economy and technology will develop at a faster rate in the future,and with it will be more and more intense competition in the manufacturing industry.If manufacturing companies want to survive the fierce competition in the future and get better development,they must do a good job in cost control of enterprises.Under other conditions,the more effective the cost control of manufacturing companies is,it can enable enterprises to obtain more profits,and the more beneficial for enterprises to take the initiative in fierce competition.Under the current economic environment,the traditional manufacturing enterprises that only focus on cost control in the production process can no longer meet the survival and development needs of enterprises in fierce competition.Effective cost control for manufacturing enterprises must be from a strategic level Take into account the various factors inside and outside the enterprise as a whole.The cost control method of manufacturing enterprises based on value chain analysis analyzes the cost information of the company from a long-term strategic perspective according to the specific situation of the enterprise and the market environment of the industry,identifies the key points of cost control,and makes the cost control of the enterprise more effective.So as to establish advantages for manufacturing enterprises in the fierce market competition.In the case in this article,Company T is a joint-stock company engaged in the door and window manufacturing industry,and belongs to a more typical modern manufacturing enterprise.This article first clarifies the relevant theory of cost control based on the value chain,then uses the value chain theory tools to study the cost control of T company,and finally gives three specific dimensions from T company’s internal value chain and external horizontal value chain and external vertical value chain.Measures for cost control based on the value chain are proposed.The following enlightenment is given to the cost control work of manufacturing enterprises: optimizing the internal value chain of the enterprise,close strategic cooperation with upstream and downstream enterprises,establishing the correct position of the enterprise in the market environment,and analyzing the value chain of competitors in the same industry.In order to achieve the goal of achieving cost advantages and enhancing the competitiveness of enterprises.