The difference between traditional cost management and modern cost management

The difference between these two kinds of management lies in management concept, management method and management scope.

1. management concept: traditional cost management pays attention to entity operation, while modern cost management pays attention to comprehensive integration system to help enterprises operate and operate in the market.

2. Management mode: Traditional cost management adopts manual management mode, while modern cost management adopts information means such as ERP, which improves the efficiency and accuracy of cost management.

3. Scope of management: Traditional cost management mainly focuses on production costs, while modern cost management extends the scope of cost management to the whole enterprise, including logistics, capital flow and other aspects.