2017•Chemical engineering transactionsOpen access

Research on Cost Control of Hazardous Chemicals Enterprises - Based on the Perspective of Transport Service Chain Cost

Chu Jiankun, Zheng Xue-fei, Luhui Wang, Cho Hyunrae

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Abstract

The cost control of hazardous chemicals enterprises is of great practical significance. Many experts and scholars have conducted studies in this issue before, however, existing researches tend to be based on the assumption of minimizing cost, ignoring the particularity of hazardous chemicals enterprises, that is, there is an inverse relationship between the cost control and the risks, the more the cost input, the lower the risks; the less the cost input, the higher the risks. In this context, based on the perspective of transport service chain of hazardous chemicals, this paper discusses the cost control of enterprises based on risk factors, and points out Hazardous chemicals companies should focus on three aspects, including storage operations cost management, transportation cost management and risk control cost management.

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The cost control of hazardous chemicals enterprises is of great practical significance. Many experts and scholars have conducted studies in this issue before, however, existing researches tend to be based on the assumption of minimizing cost, ignoring the particularity of hazardous chemicals enterprises, that is, there is an inverse relationship between the cost control and the risks, the more the cost input, the lower the risks; the less the cost input, the higher the risks. In this context, based on the perspective of transport service chain of hazardous chemicals, this paper discusses the cost control of enterprises based on risk factors, and points out Hazardous chemicals companies should focus on three aspects, including storage operations cost management, transportation cost management and risk control cost management.

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Available abstract

The cost control of hazardous chemicals enterprises is of great practical significance. Many experts and scholars have conducted studies in this issue before, however, existing researches tend to be based on the assumption of minimizing cost, ignoring the particularity of hazardous chemicals enterprises, that is, there is an inverse relationship between the cost control and the risks, the more the cost input, the lower the risks; the less the cost input, the higher the risks. In this context, based on the perspective of transport service chain of hazardous chemicals, this paper discusses the cost control of enterprises based on risk factors, and points out Hazardous chemicals companies should focus on three aspects, including storage operations cost management, transportation cost management and risk control cost management.

Key concepts: Hazardous waste, Risk analysis (engineering), Control (management), Context (archaeology), Cost driver, Business, Cost engineering, Service (business)

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