Study On Inventory Management Pattern Of The Household Electrical Appliances Chain-retail Enterprises

In recent years, with the rapid development of China's market economy, the domestic home appliance retail chain enterprises, such as Suning and Gome, have been greatly developed. But at this stage, a lot of home appliance retail chain enterprises have not possess innovative business ideas and inventory management Mode. Especially in 2004, when China announced the lifting of all restrictions on foreign investment and fully liberated the retail industry, the inventory management model behind the more prominent issues, such as inventory management and supervision of incomplete is not strong, resulting in inventory backlog, cash flow difficulties as a result of product technology Out of updated inventory caused by too fast, to the business activities caused great obstacles. Therefore, to strengthen the management of inventories and establish the efficient inventory management has become very imperative.This thesis includes six chapters:The Chapter 1 introduces the background and significance of choosing this subject. At present, China's home appliance retail competition states like separatist warlords Warring States period, but in competition, many companies compete to expand their sales resorted to various tricks, but they ignore that an inventory management Operational efficiency of enterprises have an important impact factors. This thesis aims that by Suning the country's second largest home appliance chain retailer's inventory management model study where the strengths and weaknesses, combined with the theory of inventory management, home appliance chain in China retail inventory management model and the lack of current development Analysis, inventory management and the applicability of several models discussed in the home appliance retail in China for China's home appliance retail chain inventory management industry to provide advice and direction.The Chapter 2 is Literature summary. In this chapter, the thesis introduces inventory management from various perspectives, including studies on a model of inventory management, inventory management model for the comparison of several of a particular industry or type of business such as inventory management. Shen Yongxi described inventory management models of foreign timely research and application in his thesis, he believes the goal is timely inventory management in the enterprise production, supply, sell as much as possible in all aspects to achieve "zero inventory", from another level in terms of Is required raw materials and purchased components and other production supplies arrive in a timely workshop, direct use, without the need for storage of raw materials, purchased parts and consumption of corporate stock. Mei Sheng cai describes inventory management and comparison of four models was introduced, he thinks there are four types of inventory management models:EOQ model, MRP model, JIT mode, VMI mode. Hu Qiong describes in his thesis that analysis of the current level of domestic enterprises stagnant inventory management reasons, he believes there are four reasons:First, the constraints of the traditional inventory management thinking, and second, lack of domestic production and consumption of excess, Third, management of the enterprise itself to the constraints, the four is the lack of information sharing between enterprises. Zhou Guangliang discussed large home appliance chain inventory control problem, in his view, China's major home appliance retail business inventory management problems mainly in the following three aspects:First, household appliances enterprises the overall concept of lack of supply chain, and second, Inventory control method is too simple, three retailers and suppliers, lack of cooperation and coordination..The chapter 3 is theory research about appliance retail chain inventory management. Firstly the thesis analyzed concepts including inventory, inventory management and household appliances retail chain industry, and China's home appliance retail chains and operating characteristics of the development process are introduced; then analyzes the impact of home appliance retail chain inventory management factors, the main market risk, technology risk management, and three factors of their own; Finally, a home appliance retail chain enterprises in the three more advanced inventory management, including continuous replenishment systems, vendor management inventory (VMI) and collaborative planning forecasting and replenishment planning (CPFR). The chapter 4 analyzes current situation and the problems of Home appliances retail chain inventory management. National retail chain market power determines the stage of the home appliance chain enterprises need to focus on strategic layout, while very important for the home appliance retail inventory management has not been given due attention, so that the operating efficiency of enterprises Debu To effectively improve, the problems include the following aspects:First, stock management, enterprises pay enough attention, and second, the degree of management information in business inventories low and the third is the organizational structure of enterprise inventory management is too simple, four is the enterprise Neglected part of the internal control of inventories, five is the companies do not devote resources to their core business. These issues were analyzed and the reasons include the following aspects:First, the internal control system is imperfect, and second, inter-enterprise supply chain inventory management deficiencies, not the role of the supply chain to the fullest and the third is the responsibility Sector division is unclear, there are loopholes in management, the four information technology is lagging behind, so that stock inventory does not play its due role.The chapter 5 analyzes the case of Suning electrical. The recent inventory management model of Suning is an information technology value chain, inventory management, inventory information processing is digital, the entire enterprise information processing systems, including inventory and transportation management, financial management, equipment management, order management and distribution management. In the specific process, and Suning Appliance according to the vendor management inventory level information technology degree a supplier divided into two categories:supplier and second-class suppliers, and vendors were set for the two types of inventory management processes Inventory management model for Suning, advantage is that by taking this path information, and Suning have the opportunity to conditions and supply chain enterprises and technological exchanges, human cooperation, market operations and other aspects of extensive cooperation with the supply chain while reducing The exchange of information communication enterprises, price negotiation, contract signing and other activities of the transaction cost, the deficiency lies in the following aspects:First, the two types of information silos supplier may lead to the bullwhip effect, the second is relevant domestic legal system Makes for perfect cooperation between zero loss of legal protection, the three are from China's specific national conditions, many suppliers are only two types of suppliers, which makes information systems Suning limitations in many places, a bit overkill. In addition, the chapter's financial indicators Suning horizontal and vertical analysis, and inventory turnover and net profit reflects the efficiency of business cash flow and sales of the two indicators were compared, obtained help increase inventory turns accelerating Conclusion of business efficiency. Next, Wal-Mart, P & G and over-Carrefour, Wal-Mart's inventory management and inventory planning model for analysis and inventory management and Suning Appliance model comparison, come on Suning improved inventory management model Proposals and measures.The chapter 6 analyzes the future of home appliances retail chain inventory management model. First, the policy of home appliance retail chain industry and future prospects are introduced, and finally proposes to the home appliance retail chain to improve inventory management proposals and measures, specifically including the following aspects:first, to strengthen the professional quality of inventory management Improved; the second, the implementation of source control, optimize the cooperation with suppliers to ensure competitive prices of raw materials;thirdly, to improve relations with partners, to strengthen cooperation with multinational companies;fourth, building a sound supply chain management inventory System, the commodity category management; the fifth, the establishment of workable system of internal control of inventory, supply chain information sharing on inventory management; Sixth, the establishment of a virtual chain flexibility to achieve visual inventory management; Article,pay close attention to the implementation of inventory management system.The main contribution of this thesis is that by the research of Suning's inventory management model, combined with its evaluation of financial data and inventory data comparison, coupled with theoretical groundwork for the current existence of the business of home appliance retail chain analysis of the issues, the last against the existence of Corresponding improvement put forward proposals and measures.