Core Insights - Daqing Petrochemical has implemented 41 specific measures to optimize cost management, achieving an efficiency increase of 135 million yuan by August [1] Group 1: Cost Reduction Strategies - The company adheres to the principle of "optimal cost-performance ratio" for coal types, adjusting procurement strategies based on market analysis, resulting in a reduction of over 200,000 tons of coal procurement and saving over 30 million yuan in coal costs [3] - Daqing Petrochemical has saved over 84 million yuan in procurement funds by integrating resources and optimizing procurement processes, focusing on compliance, quality, efficiency, and effectiveness [6] Group 2: Inventory Management - A comprehensive inventory management mechanism has been established, emphasizing strict control from planning to disposal, which has led to a reduction in both inventory and backlog [6] - The company promotes resource recycling and timely utilization of reported plans to avoid new inventory accumulation, enhancing management efficiency [6] Group 3: Warehouse Optimization - The company has restructured its warehouse layout to improve material flow efficiency, consolidating various storage areas based on material characteristics and usage frequency [7] - Future plans include enhancing procurement, storage management, and service quality while diversifying raw material supply sources to further reduce costs and increase efficiency [7]