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Study. Shenyang Fengdonggongju Factory Inventory Management

Posted on:2005-11-07Degree:MasterType:Thesis
Country:ChinaCandidate:W WangFull Text:PDF
GTID:2206360122997404Subject:Business Administration
Abstract/Summary:PDF Full Text Request
Inventory management is an important portion of production and operation management of manufacturing enterprises. Improving inventory control is an effective method to increase the energy of enterprises, reduce their operating cost, and strengthen their competences. In most of state-owned enterprises of China, there are some problem with outdated inventory method and heavy inventory, which lead to a high inventory cost and the lack of quick response to the change of market. The inventory management is becoming a bottleneck to the survival and development of enterprises.According to inventory management of Shenyang Pneumatic Tools Factory, the advanced ideals and methods of inventory management are applied in this paper to strengthen the inventory management of enterprise and increase their competitiveness.Five parts are included in this dissertation. The basic condition and its main problems of Shenyang Pneumatic Tools Factory are introduced in the first section. Then, a careful analysis is given in the second section according to the inventory management of finished products, unfinished products and raw materials. In the third part, according to the inaccurate prediction and ineffective method of inventory control, predicting model is put forward to improve the veracity of sale prediction. Referring to the classical model of inventory control of economical production quantity, the main parameters of inventory control are calculated to formulate the reasonable production quantity. Also, economical effect of the project is analyzed in this section. After that, advanced methods of planning management and field management are applied to improve the inventory management of unfinished product in the forth part. At last, material requirement planning and storeroom regulation are made to solve the problems of inventory management of raw materials in the fifth section.The theories of production and operation management are applied in this paper to solve practical problems instead of a pure theoretical study. In the author' opinion, the inventory management projects of this dissertation will provide not only instructive function but also reference value for Shenyang Pneumatic Tools Factory and othersimilar enterprises.
Keywords/Search Tags:Inventory Management, Planning Management, Economical Production Quantity (EPQ)
PDF Full Text Request
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