Author(s)

Yan Luo ¹, Jingmin Zhang ¹, Hang Yu ¹, Xinhua Xu ¹, Bin He ¹

Affiliation(s)

¹ School of Economics and Management, Taizhou University, Taizhou, China

Corresponding Author

Xinhua Xu

ABSTRACT

In recent years, China's iron and steel industry has confronted serious overcapacity losses, which has made the entire industry suffer serious losses. Through "Digital Economy Laboratory Economics Comprehensive Simulation Experiment", this paper studies and analyzes the macro and micro data in the experiment as well as the competition game of upstream and downstream enterprises. At the same time, it establishes a value chain model for iron and steel enterprises and optimizes every link of the value chain of iron and steel enterprises through lean management, so as to achieve the goal of reducing cost and increasing efficiency. Taking Shagang as an example, this paper provides the useful reference for iron and steel enterprises in the supply-side reform, and helps to promote the transformation and upgrading of the steel industry.

KEYWORDS

Supply-side structural reform, Iron and steel enterprises, Lean management, Value chain model

CITE THIS PAPER

Yan Luo, Jingmin Zhang, Hang Yu, Xinhua Xu, Bin He, Lean Management Analysis of Iron and Steel Enterprises under the Supply-side Reform. Accounting, Auditing and Finance (2023) Vol. 4: 40-47. DOI: http://dx.doi.org/10.23977/accaf.2023.040206.

REFERENCES

[1] An Jingze. Deepening the supply-side structural reform [J]. Theoretical research, 2017 (06): 4-6.
[2] Zhang Jianguo. Implement lean management to enhance the core competitiveness of enterprises [J]. Journal of petrochemical Industry Management Cadre Institute, 2020, 22 (04): 52-55.
[3] Li Zhenxing. Research on enhancing the competitive advantage of Chinese iron and steel enterprises based on value chain optimization [D]. Xiangtan University, 2004.
[4] Guo Yuezhang. Research on the financial performance evaluation of Shagang Group, a steel enterprise, under the background of supply-side reform [D]. Anhui University of Finance and Economics, 2022.
[5] Yang Tao, Yang Xiaojun. Research on the application of lean management in iron and steel enterprise management [J]. Enterprise Reform and Management, 2021 (19): 27-28.

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