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J Company Inventory Management Optimization

Posted on:2009-01-19Degree:MasterType:Thesis
Country:ChinaCandidate:L WangFull Text:PDF
GTID:2199360245461874Subject:Business Administration
Abstract/Summary:PDF Full Text Request
In 21st century, with the rapid development of the information technology, the taking shape gradually of globalization market, enterprises face competing for the resource and market in the world, the old management mode can't already meet such new need. The supply chain management arises under this kind of background. With the development of supply chain management, the traditional inventory control theory faces the challenge.Inventory exists in the form of raw material, half-end product or end product in every corner of a company. Practice indicates that all kinds of expenses such as Storage costs and material costs, take a larger proportion in the total costs, so the inventory management is becoming more and more important.J is one of the BMEEs(Big and medium-sized electronic enterprises). These years, the quickly change products lead to the increasing demand uncertainty in the market, and the inventory problem is getting acuity. While the stale and backward method of inventory management has caused a great deal of inventory overstock and resource waste, which seriously influences the development of the company.This paper analyses the problems lies in the inventory management of J. Theory related to BPR(business process reengineering) is adopted to solve the problems exist in the inventory management system; J's organization structure and purchase process are redesigned; The ABC method is introduced according to it's current stale and backward method of inventory management, and the model of"allow shortage, but replenish the stock instantly"gets modified properly based on the real situation of J and Numerical analysis is followed. In order to judge the influence to outcome caused by the estimate error of each variable, the paper perform the sensitivity-analysis to each variable. Finally, comparing economical order (goods) cost with experienced order (goods) cost, we found that the former can bring more benefit.This paper is about optimizing inventory management of BMEEs of science and technology. The research methods and improvement measures in it have consultative value in some extent for other similar enterprises.
Keywords/Search Tags:Inventory Management, Supply Chain Management, Business Process Reengineering
PDF Full Text Request
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