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Inventory Management, Supply Chain Environment Lx

Posted on:2006-09-05Degree:MasterType:Thesis
Country:ChinaCandidate:X H ZhangFull Text:PDF
GTID:2206360152482247Subject:Business Administration
Abstract/Summary:PDF Full Text Request
Inventory cost management is the core content of inventory management, which is the important content in the research of supply chain management, so it is the difficulty and emphasis of supply chain management research. Inventory management mode in plastic industry has been aging for a long time, which has wasted excessive inventory of raw material, semi-finished articles and finished goods in production, and also influenced the corporation's development directly. Studying in how to reduce the excessive inventory of production in supply chain management and decrease products' cost is important to optimize corporation's inventory cost management strategy and construct plastic corporation's competitive advantage.Through the study of LX Company, main packing supplier of Guangzhou P&G, this article analyzes the relationship among supply chain, logistics and inventory cost, discusses the factors which influence inventory cost, points out avoiding excessive inventory in production by stages(raw material-semi finished articles-finished goods), and plays down the research frame of inventory cost. On the above basis, the author generates raw material inventory strategy and analyzes its effects on finance according to the SWOT analysis of LX Company; He counts and confirms the safety inventory Level of LX Company, and improves the management of raw material safety inventory Level by adopting Shapiro-wilk & Robert Hammond Inventory Model; He proposes the supplier management raw material inventory strategy of LX Company as per the principle of Vendor Manage Inventory; He studies LX Company's executive plans in reducing semi-manufactured articles inventory by using Value Stream Map Analysis of Lean Thinking; and through analyzing the finished goods inventory's influences caused by the Bullwhip Effect in supply chain, he studies the specific measures which can reduce finished goods inventory by dulling the Bullwhip Effect and setting up the strategic partner relationship and trust mechanism in supply chain, and so on. The strategies and measures of Inventory cost management have been applied and put into practice, and obtain obvious effects.
Keywords/Search Tags:Supply Chain Management, Inventory cost management, The safety Inventory Level, Lean Thinking
PDF Full Text Request
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