Innovation of Business Cost System under "Speed Economy"

Whether a business can make swift reaction to various markets needs become a crucial factor to gain excessive profit in intensive competition of speed economy. This article analyses the influences of speed economy cost system such as: normal and standardized cost system are not suitable for the calculation of individualized products. Cost information offered by traditional cost calculation method can not reflects the cost structure of individualized product under speed economy. The traditional cost control system concentrated on "cost maintain" is hardly to meet the need of cost control on the whole life cycle of products. Consequently, the paper puts forward the following suggestions: form dynamic cost calculation model based on the analysis of "activity chain & value chain". Establish collection system of cost information to restore the real fact of cost; set up bi-track cost control system facing small-sized manufacturing units.