Research on Cost Management in Foundry Enterprises Based on ERP
Jin-long Wu (),
Jia-ying Jiang (),
Jian-xin Zhou (),
Xiao-yuan Ji,
Hong-tao Tang and
Hai Jiang
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Jin-long Wu: Huazhong University of Science and Technology
Jia-ying Jiang: Huazhong University of Science and Technology
Jian-xin Zhou: Huazhong University of Science and Technology
Xiao-yuan Ji: Huazhong University of Science and Technology
Hong-tao Tang: Huazhong University of Science and Technology
Hai Jiang: Huazhong University of Science and Technology
Chapter Chapter 13 in The 19th International Conference on Industrial Engineering and Engineering Management, 2013, pp 113-121 from Springer
Abstract:
Abstract In order to improve the market competitiveness, foundry enterprises should strengthen the cost control and refine cost management. This paper analyzed the situation of cost management in foundry enterprises and proposed the standard activity-based costing management model on the basis of comparing standard cost with activity-based costing. It contained three aspects including standard cost estimating, activity-based cost accounting and later cost analysis. It deepened cost management into process level. Then, this paper designed the cost management system. It provided the effective control and analysis capability for cost management. Finally, it offered a reasonable cost management scheme for foundry enterprises.
Keywords: BOM; Cost management; ERP; Foundry enterprise; Process (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-38433-2_13
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DOI: 10.1007/978-3-642-38433-2_13
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