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Wind Technology Company Inventory Control Study

Posted on:2013-07-04Degree:MasterType:Thesis
Country:ChinaCandidate:L LiuFull Text:PDF
GTID:2249330371978041Subject:Business Administration
Abstract/Summary:PDF Full Text Request
As the Wind technology company, Vestas Wind Technology Company is the famous one in the word. They are all for rising industry, and also following the traditional manufacture mode. Today, the clean energy demand has continues to increase, and customized order becomes increasingly obvious based on go with the development of the world. The customer order changed frequency and the production model updates should be the most important question to require our company to short the delivery lead time and increase the magnification cost. The buyers’market was gone. Wind power manufacturing company is facing the challenges and changes. The traditional heavy industry manufacturing model should be changed. Customer-oriented and cost control is the necessary method which we can choose. The application of ERP system and inventory control method should be taken to adapt this new requirement. Based on the theoretical research on the field of logistics, and analysis of the actual business operation of current company, the rule cause of inventory control inefficient is lack of efficient method of raw material classification. Meanwhile, inventory accuracy as the basis of the inventory control study level, are not be control and application. First of all, based on the currently research of inventory control we have study the ABC classification, and use the parameter of "inventory frequency of use" to expand the discussion of ABC classification. Followed by the newly inventory management method:Pull inventory control method. Around this topic to development the series of inventory control method, such as:JIT (Just in Time), Consignment, KANBAN, VMI (Vendor Management Inventory), etc. A logistics management system has been established to quickly replenish the inventory and upgrade the inventory management level. The last, we focus on the study of WIP and F/G control. Based on the actual situation, we have finding out the effective way which to consume the stock level of WIP and F/G. This study will help to improve the actual level of inventory control, and provide the detailed operation method; use the theoretical knowledge to do the optimization on operation level. To continue discuss the traditional theory on the inventory control field.
Keywords/Search Tags:Inventory control, ABC classification, Pull system, Economic orderquantity, Wind Technology Company
PDF Full Text Request
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