Research On Supply Chain Inventory Management Improvement Of BK Company

Inventory is one kind of resource that the company needs to prepare for normal production and stable sales. Less stock may cause production break, but more stock may take a large amount of cash, bring low turnover of working cash and increase management cost, that’s why keeping reasonable stock level is always an important topic for the company. With the development of economic globalization and quick information technology application, the competition between company and company has becomes the ones that between supply chain and supply chain. Traditional management model and inventory control model is not suitable for current competition situation, The theory about supply chain management and supply chain inventory control attract more and more company’s high attention and become the popular point in the management theory area. This article focus on the issue of supply chain inventory control. The study is based on current stock control status of BK company, analyze and study the issue from the sight of supply chain, define the management proposal to improve stock management status and increase the profit of the company.Upon on the review of supply chain and supply chain inventory management theory, this article selected relative theory in BK company. The content is:Firstly analyze one by one the main process of the company, sales, production and purchasing, points out the key issue in the process. The issue involves customer relationship management, safety stock setting, problems in production process, planning methods, MRP issue at purchasing process, inventory control model etc. Secondly define specific actions that include optimization of internal supply chain operation, capacity expanding, whole supply chain relationship building up, improving of sales forecast accuracy, procedure definition of safety stock, planning methods development, system MRP function development, VMI application etc. With the implementation of all these actions, whole supply chain process synergism and efficiency is expected to be improved, operational cost and inventory level is reduced, and the company competence and performance is improved. This improvement experience hopefully can be a reference to similar company and brings some enlightenment.