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Zero Inventory Management Optimization Of X Company

Posted on:2013-02-04Degree:MasterType:Thesis
Country:ChinaCandidate:Q H ZouFull Text:PDF
GTID:2249330371486377Subject:Business Administration
Abstract/Summary:PDF Full Text Request
X company as a processing manufacturing enterprises to gain a competitive advantage, its product of low cost, high quality, and high efficiency of the production took main element in the fierce market competition. This is also the target to implement zero inventory management optimization. Because processing manufacturing enterprises to gain market order, need a lot of capital with purchase of raw materials, processing production, distribution services, in the whole supply chain management process, if no good inventory control, inventory cost will be a great influence to the company’s capital flow. Thus, directly affect the business operation. Therefore, the optimization zero inventory management for X company is significant action.At present, in order to reduce the inventory cost, X company took control action through by KanBan and JIT. However, the fact that X company has not a very good information management system, also do not have very good supervision, so that zero inventory into state and not the actual meaning slogan, in the process of implementing produce have lots of holes. Therefore, for X company for zero inventory management optimization is imperative.This paper firstly analyses two parameters, they are inventory assets ratio and productivity on time, and present situation that found X company has high inventory assets ratio and low productivity on time, then respectively from the internal and external factors do analysis and proposed optimization goal. Finally, based on the scientific zero inventory management theory as the guide, Suggested X company take action from the ABC classification, build material zero inventory management infrastructure-IT investment, implement supplier management inventory (VMI), establishing internal management performance evaluation and supplier performance evaluation system, set up legal department, etc, and fix feasible solution.
Keywords/Search Tags:Supplier Chain Management, Zero Inventory Management, Develop BusinessRelationship with Supplier
PDF Full Text Request
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