Research Article | OPEN ACCESS
Lean Cost Management Analysis on Food Processing Enterprise
Jing Ma and Xueqiu Zhan
School of Economic Management, Wuxi Institute of Technology, Wuxi, China
Advance Journal of Food Science and Technology 2014 6:715-720
Received: August 31, 2013 | Accepted: September 10, 2013 | Published: June 10, 2014
Abstract
The aim of this study is to introduce Lean Cost Management (LCM) that tries to create creating value for customers and performs whole cost management inenterprise's entire life cycle under structure of target cost, cost sustaining and cost improvement guided by reverse thinking into food processing enterprise to construct LCM system from aspects of external value chain analysis as well as internal cost management. Dynamic pricing game model was used to provide cost improvement on food enterprise value chain so as to minimize whole cost. The target cost was divided into each part in design phase supported by cost programming, cost reduction and cost improving. Case study shows that such cost suppressing method can reduce cost of food processing enterprises and improve long-term competitiveness.
Keywords:
Cost improvement, food processing enterprises, lean cost management, value chain optimization,
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PMCid:PMC2797927
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Competing interests
The authors have no competing interests.
Open Access Policy
This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
Copyright
The authors have no competing interests.
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ISSN (Online): 2042-4876
ISSN (Print): 2042-4868 |
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