Research On The Inventory Control And Optimization Of HEDY Company

Research on storage control and model optimization are most important for the enterprise to handle the procurement management and storage control and optimization which can take huge benefit to the enterprise on reducing shortage and storage cost, enhancing supply service level etc. In order to research the current storage management of HEDY Company, this article collected the stock management data of Y2007 and Y2008, and the current stock management status, analyzed and researched the stock control model adopted by ERP system in Y2009 and Y2010. Through the introduction of the effect ERP system acted in the stock management of HEDY Company, and combining with the actual stock management status, improved the existing stock control technique, realized the better stock model, reduced stock and cost, and increased the economy benefit accordingly. The main research contents include: 1. established the stock control model with sustaining and stable demand in ERP system. Based on the traditional EOQ model, and considering the related demand and limited shortage risk, adopted mathematic statistics technique, applied the stock model of sustaining random demand submitted to normal distribution, confirmed respectively the rational order sites, order batches, order time of main product material under two conditions of that the safety stock can be consumed and the safety stock cannot be consumed. Simultaneously, according to the operation status of HEDY Company, illuminated the feasibility and rationality of using this model. 2. Established the stock control model with discrete random variable in ERP system. Evolved the traditional newsboy problem, and considering the transformation ratio of the raw material and the consumed cost of the product, applied the stock control model of which the demand is discrete and unstable, confirmed the rational production output and safety stock by the model. And according to the analysis of the finished product stock control and optimized, illuminated the feasibility and rationality of using this model. Through the discussion and investigation above, try to provide proper support and reference to the decision-making related to stock management for HEDY Company.