Research On Cost Control Of M Foreign Trade Enterprises Based On The Risk Of Exchange Rate Changes

Enterprise cost involves the whole capital movement process of an enterprise.Cost control is the guarantee of enterprise profits.Effective cost control is a very important link in the process of wealth accumulation and creation.Compared with domestic trade,the import and export business cycle of foreign trade enterprises is long and there are many links.In the face of domestic and foreign markets,the market situation is changing rapidly.Foreign trade enterprises are facing the exchange rate risk caused by the floating exchange rate and the capital depreciation risk caused by the change of interest rate.Therefore,how to effectively understand and anticipate the exchange rate,how to effectively use hedging measures,how to effectively use financial instruments and other means to avoid risks,control costs and increase benefits are important problems faced by foreign trade enterprises in cost control.M foreign trade enterprise selected in this paper is a garment foreign trade enterprise integrating R&D,design,production and other processes.In recent years,the company has developed rapidly.With the intensification of market competition,the competition of the enterprise gradually focuses on the compression and optimization of operating costs.M foreign trade enterprise is mainly based on traditional cost control methods,especially in recent years,due to the impact of bilateral exchange rate fluctuations,the cost control system is not perfect.Based on this,this paper finds out a lot of relevant theories of international exchange rate fluctuation risk and cost control,carefully studies and sorts out,summarizes relevant concepts,contents,characteristics and basic theories,goes deep into the actual operation of M foreign trade enterprise,and analyzes the cost index and exchange rate fluctuation risk index,This paper analyzes the problems existing in the current cost control from the four aspects of downstream enterprise cost,upstream enterprise cost,logistics cost and capital use cost,deeply analyzes the reasons behind the problems,and puts forward the corresponding solutions to the current situation of cost control of M enterprise.The full text is divided into six parts:The first part is the introduction.This part introduces the theoretical and practical significance of this paper under the background of two-way fluctuation of world exchange rate.In addition,it combs the literature of the current research status of academic circles at home and abroad,summarizes the main contents and research methods of the article,and puts forward the innovation of this paper.The second part is an overview of relevant theories.This part introduces the two core concepts of exchange rate change risk and cost control,as well as the content of cost control,the principles and characteristics of cost control,and the necessity of cost control based on exchange rate change risk.The third part is the general situation of M foreign trade enterprise and the current situation of cost control under the risk of exchange rate change.This part introduces the basic operation and organizational structure of M foreign trade enterprise,and expounds the current situation of cost control of M enterprise from four aspects.The fourth part is the problems existing in the current cost control of M foreign trade enterprise under the risk of exchange rate change.From the perspective of exchange rate change risk,this part analyzes the problems existing in the cost control of M foreign trade enterprise from four aspects:downstream enterprise cost control,upstream enterprise cost control,logistics cost control and capital cost controlThe fifth part is the Countermeasures of M foreign trade enterprise to strengthen cost control based on the risk of exchange rate change.In view of the above problems,this paper makes an in-depth analysis and puts forward countermeasures from the perspective of exchange rate change risk.The sixth part is the conclusion and enlightenment.This paper summarizes the research content of the full text,and summarizes the case enlightenment of the cost control of M foreign trade enterprise under the risk of exchange rate change.This paper uses the methods of literature research,normative research and case analysis to study the problems of M foreign trade enterprise in cost control,reveals its existing problems from the perspective of exchange rate change risk,and puts forward corresponding solutions and case enlightenment.The innovation of this paper is as follows:first,taking the risk of exchange rate change as the background,this paper deeply analyzes the current situation of cost control of M enterprise,puts forward the problems and deficiencies of different links,and puts forward targeted improvement suggestions,so as to strengthen the cost control system of M enterprise.Second,the analysis of enterprises is not only from one aspect of cost control.The existing research and application of cost control of foreign trade enterprises mostly focus on one aspect of cost control,such as only one aspect of production cost optimization,source management in the field of product design and logistics cost,export tax rebate control and so on.However,foreign trade garment enterprises can not simply rely on the cost control of a certain department and aspect to strengthen their competitiveness.This paper systematically analyzes the cost composition of M enterprise and the key elements affecting profits,finds the core ideas and key links of enterprise cost control,systematically and multi angle manages the cost in the enterprise,and comprehensively designs the cost control system of M enterprise.