Manufacturing Column > Stories about Cost Management: Key Points for Building a 'Budget Management System' in the Manufacturing Industry (Part 2)
Manufacturing Column > Stories about Cost Management: Key Points for Building a 'Budget Management System' in the Manufacturing Industry (Part 2)
In the first session last time, we discussed the challenges and solutions related to the management cycle in companies (P→D→C→A) and budget management (budget formulation) systems, as well as the prerequisites for budget formulation systems. We also provided some explanation regarding the shortening of the budget formulation schedule. In this second session, I will explain the key points of transformation from a systems perspective, which is the main focus of this document. (You can view the continuation of the column from the catalog download.)
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In the first session last time, we discussed the challenges and solutions related to the management cycle in companies (P→D→C→A) and budget management (budget formulation) systems, as well as the prerequisites for the budget formulation system. We also provided some explanation regarding the shortening of the budget formulation schedule. In this second session, I will explain the key points of transformation from a systems perspective, which is the main focus of this document. (You can view the continuation of the column from the catalog download.)
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This is an original column from Kobelco Systems.
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At Kobelco Systems, we have inherited the commitment to "monozukuri and quality" from Kobe Steel, which has a history of over 100 years in the manufacturing industry, and we have fused it with the "know-how of innovation" possessed by IBM, a global leader in the IT industry. Leveraging this diversity and synergy, we have been active as a company embodying "Japanese spirit and Western talent," responding to various needs of our customers. Recently, the remarkable evolution of technology, including AI, has brought about significant transformations in society and has become a source of corporate competitiveness. In this context, we continue to pursue self-transformation to fulfill our responsibilities and roles, while enhancing our unique value and consistently delivering that value. "Our purpose is to cherish all people, support individual challenges and growth with advanced technology and the power to create, and build a fruitful tomorrow." This is our reason for existence and our promise to society. We value all stakeholders who support us, including our customers, collaborative partners, shareholders, local communities, and employees and their families, and together with everyone, we will build a fruitful tomorrow.