The Research On Purchasing And Inventory Strategy In Supply Chain For H Company

In the modern business activities, the procurement and inventory management are getting more and more sensitive. It takes days or even months of time from raw materials to finished products. However, the manufacturing time is only a few minutes or a few hours in reality. On one hand, if our warehouse stacked a large number of raw materials that needs few years to use up, then it will occupy the capital and decrease the utilities. On the other hand, if we can not deliver the order due to lack of raw materials, then it will affect the company's credit and the profit.It is very important to prepare enough inventories to meet possible impending orders, in the meantime, it is also important to keep enough cash to response the market changing dynamically. So, purchasing and inventory strategy are two key issues to be studied in the supply chain.In this thesis, taking H aviation manufacturing company as an example, deep analysis on procurement and inventory management are made in the modern supply chain. Further, a feasible solution is proposed for the above H aviation manufacturing company.Firstly, we introduced the background of aviation industry and made a rough introduction about the company profile, the product features and manufacturing process of H Company, etc.Secondly, a detailed procurement analysis and diagnosis for H Company are made from the process, suppliers, and inventory status. It is pointed out that the main problems can be divided into internal and external aspects. For internal, it includes the plan of material supply, the total control of material supply process and the internal performance assessment. For external, it includes the irrationality of the work mode between the company and the supplier, the information transformation mode and the lack of supplier localization.Thirdly, the on-time delivery system design is described in the thesis to adopt the pull system in the company. Based on the consumption replenishment supplier, it can be true to ultimately fulfill a reasonable purchasing, and get the rational stock settings. Meanwhile, as a precondition for this solution, this article describes in particular the special nature of supplier selection and information system architecture including the ESIS system in H Company. This study can increase the total utilities and competitive ability of the whole supplier chain.The end is the summary of the thesis. It is pointed out that the company should enhance the set-up of information management to improve the adaptive ability in the modern supply chain.