Analysis of Financial Management Reform in Value Chain Management

Ding Fen Tang, Wei Zhang
2017 Proceedings of the 2017 3rd International Conference on Economics, Social Science, Arts, Education and Management Engineering (ESSAEME 2017)   unpublished
With the rapid development of the market economy, enterprises are faced with a variety of risks and challenges at any time, the value chain management model and the relationship between enterprise financial management is very close, complement each other, business managers can be based on value chain theory to carry out financial management work, so that the production and operation of the development plan and customer and market demand to match and develop a suitable for the development of
more » ... rprises at this stage of the work program, breaking the bottleneck of enterprise development and achieve the objectives of enterprise development. This article will be through the value analysis on the current situation of enterprise financial management in chain management mode. Value chain management model to achieve value-added and preservation of enterprises as the goal, the introduction of value chain management, enterprises should be based on changes in the times to customers and the needs of the market as the basis, optimize the financial management model to improve the competitiveness of enterprises. Theoretical Introduction of Value Chain Management Value chain refers to the enterprise in the production, marketing, finance, human resources and a series of activities. The value chain management model is a complete series of all activities in the value chain, and will be adjusted according to the actual situation of the company, management, and then through the production, sale, operation and a series of auxiliary means to complete the management. In the integrated management model of the value chain management model, each firm cooperates with each other to combine the different market conditions that each enterprise has in a partnership to maximize the use of external resources with its own factors , enhance the rational utilization of resources. Value chain management model can make the enterprise's own value to be fully utilized, improve the economic efficiency of enterprises. Value chain management model is the value chain in the financing, procurement, production, sales, management and other links, all sectors of a reasonable organic combination, to achieve various departments, all aspects of effective combination, coordination, mutual cooperation to a certain extent, The production of enterprises, operating into the wood, improve the production efficiency of enterprises to ensure that the maximization of the realization of the enterprise. Value chain exists within the enterprise, there are different enterprises, between different industries, it can be said that each enterprise in the value chain of different positions, the competition between enterprises in the final analysis is the value chain competition [1] . The role of the value chain in the process of business is mainly reflected in the overall competitiveness of the value chain, rather than just reflected a small, single aspect of competition. Value chain to strengthen internal and external collaboration and cooperation is also conducive to the realization of economic market resources sharing, a clear business positioning in the market. Enterprise management program for enterprises to develop a more scientific, reasonable, simple and effective development of the value chain management model, not only conducive to enhancing the business capacity to promote business restructuring and optimization, but also in the enterprise to strengthen the implementation of enterprises and enterprises, cooperation between the market and cooperation to achieve a horizontal integration of business management.
doi:10.2991/essaeme-17.2017.15 fatcat:3cfviu52yzbktnznutgxbp7mcq