Welcome to Francis Academic Press

Academic Journal of Business & Management, 2025, 7(4); doi: 10.25236/AJBM.2025.070427.

Application of Cost Analysis Method in Powder Metallurgy Enterprise Management

Author(s)

Zhichao Li

Corresponding Author:
Zhichao Li
Affiliation(s)

Chaoyang Bosheng Metallurgical Technology Co., Ltd, Chaoyang, China

Abstract

Cost management plays an important role in the operation of powder metallurgy enterprises. Based on the theoretical basis of cost analysis, this paper studies the cost components of powder metallurgy enterprises, analyses the problems existing in the application of cost analysis in powder metallurgy enterprises, and puts forward targeted strategies. The existing problems include: accuracy and completeness of data, improper selection and application of analysis methods, disconnection between cost analysis and enterprise strategy, and lack of professional quality and awareness of personnel. Specific strategies include: establishing a sound data management system, rationally selecting and optimizing cost analysis methods, strengthening the integration of cost analysis and enterprise strategy, and improving personnel professional quality and cost management awareness. The research results are helpful to enhance the competitiveness of enterprises in the market and maximize the economic benefits.

Keywords

Cost analysis method; Powder metallurgy; Enterprise management; Problem analysis; Application strategy

Cite This Paper

Zhichao Li. Application of Cost Analysis Method in Powder Metallurgy Enterprise Management. Academic Journal of Business & Management (2025), Vol. 7, Issue 4: 217-222. https://doi.org/10.25236/AJBM.2025.070427.

References

[1] X. P. Ren, X. P. Wang, Z. Q. Liu, et al. Experimental Study on Tool Optimization of Powder Metallurgy Material Parts[J]. Modular Machine Tool & Automatic Manufacturing Technique, 2025, 67(03):1-4+9.

[2] Y. C. Lin. owder metallurgy parts market status and industry enterprise development suggestions[J]. Powder Metallurgy Industry, 2021, 31(06): 115-120.

[3] T. P. Ren, R. L. Liu. Empirical study on the application of cost analysis method in centralized purchasing of state-owned enterprises[J]. Petrochemical Industry Technology, 2025, 32(01): 357-359.

[4] G. D. Chen. Business management thinking based on fixed cost analysis[J]. Market Weekly, 2025, 38(03): 5-8.

[5] H. Y. Deng. Research on the development path of powder metallurgy industry from the perspective of advanced industrial base[J]. Economic Research Guide, 2023, 19(11): 37-39.

[6] B. X. Hou, B. H. Zhang, J. Z. Wang. Research on marginal cost of frequency modulation of coal-fired thermal power units based on big data analysis[J]. Energy and Environment, 2024, 43(01): 63-66.

[7] S. Ma, J. J. Chen. The exploration and implementation of labor cost supervision and control methods[J]. China Economist, 2025, 40(03): 95-96.

[8] Z. Q. Wei, Y. M. Liu, M. F. Li, et al. Cold chain path optimization considering satisfactionunder low carbon economy[J]. Hebei Journal of Industrial Science and Technology, 2022, 39(04): 274-281.