Optimization Countermeasure of Ginlong Technologies Cost Management Based on Strategic Perspective

Authors

  • Jincong Huang
  • Xiangfeng Zeng

DOI:

https://doi.org/10.54097/fbem.v10i2.11060

Keywords:

Strategic cost management, Strategic positioning, Value chain, Cost drivers.

Abstract

Consolidating and enhancing global competitive advantages is an important strategic goal for inverter companies, and strategic cost management is a vital means to improve cost control capabilities and enhance competitive advantages. Based on the theory of strategic cost management, a study was conducted on Ginlong Technologies to explore its strategic positioning, value chain, and cost drivers. It was found that the company faced issues such as unclear strategic positioning and incomplete value chain. Improvement suggestions were proposed, thereby providing valuable insights for both company development and academic research.

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References

Wang Man, Wang Yue. Value chain strategic cost management [J]. Finance and accounting, 2015(07):16-18.

Xiong Ying. Analysis of strategic cost management based on Sang Ke model-Taking Kunming Jiaxiao Stock as an example [J]. Friends of Accounting, 2019(15):17-22.

Shi Hao. Research on strategic cost management of group companies under the Sang Ke model [J]. Friends of Accounting, 2021(13):49-55.

Li Haijian, Sun Fenge. Strategic cost management thinking breakthrough and practical characteristics-based on the perspective of comparative analysis [J]. China Industrial Economy, 2013(02):91-103.

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Published

14-08-2023

Issue

Section

Articles