Research On Cost Control Of CL Medical Device Company Based On Value Chain

With the development of economic globalization,information dissemination is more rapid and extensive.In the face of the rapid changes in the situation and business model of various industries,the relationship between industries and individuals within the industry is also constantly changing,and the way to obtain profits is constantly updated with the times.Cost management is an important factor affecting profits.Therefore,effective control of cost can make enterprises gain initiative and gain advantages in the process of obtaining profits.But cost management is not only to reduce the cost,but also to integrate the overall resources of the enterprise to maximize the resource efficiency.The process of integration includes all aspects of the enterprise’s operation,starting from the design of the product,and then the procurement,production,sales and after-sales links.In the process of enterprise management,it involves individuals in many industries,including suppliers,sellers and customers.Only by integrating the interests of many enterprises can we realize the overall maximization of value.Therefore,it is necessary to carry out the overall management of value chain.In this paper,CL Medical Devices Co Ltd.(hereinafter referred to as "CL Company")as the research object,to study the cost control of its value chain.First of all,the current research background and the research ideas of this paper are described,and then the theoretical basis of value chain and cost management is sorted out,and then the research focus and research direction are grasped.Secondly,it introduces the general situation of CL Company and its current status of cost control.Through the analysis of CL Company,it is concluded that there are some problems in its internal value chain,such as lack of cost management awareness,nonstandard inventory management,waste of R & D material cost,unrealized value chain synergy effect,and lack of diversity of suppliers,single source of customers and insufficient competition in external value chain.Finally,from the perspective of decision makers,this paper puts forward the corresponding ways to optimize the cost control of CL Company,hoping to provide reference for the improvement of cost control of medical device industry in China.