Inventory Improve Application Research Of SMEC Elevator Company Application Of The Wavelet Analysis In The Fault Diagnosis Of Rotating Machines

As a country with more than half of the world’s elevator market share, in the past fewyears, the production and sales of elevator in China maintain a growth rate of more than20%every year. The number of annual new elevators in China is more than30million units whichaccounts for more than half of the total global annual increase of elevators. With thegradually constantly expanding of market, the business of elevators becomes more and morecompetitive. Thus, reducing the production costs becomes the core competencies ofimproving the competitiveness.The concept of inventory in modern inventory management is the material resources areheld in abeyance for the future needs of production. Inventory management in China is still arelatively new issue. This paper cites the inventory management background of the SMECElevator Company, through the analysis of the marketing mechanism, product structure,supplier management of the SMEC Elevator Company, the paper tries to identify the SMECelevator company inventory management problem and find the solution. The demand of theelevator market becomes diversified, and the competitive environment has becomeincreasingly complex, elevator companies are constantly striving to reduce costs and enhancecompetitiveness. Through thoroughly investment and sufficient research, the paper finds thesolutions from the perspective of marketing mechanisms (secondary scheduling), warehouseschema (establishing a three-dimensional warehouse) and the joint inventory management,respectively. The purpose is to improve inventory management of the SMEC ElevatorCompany, thereby reducing the enterprise overall production costs, improving productvelocity of circulation, accelerating the capital turnover rate and improving customer servicelevels and market competitiveness.The inventory management model adopted by the paper is the stage advanced inventorymanagement mode (JMI), a combination of the elevator company marketing model and themode of production. It could offer new comprehensive plan for the elevator enterpriseinventory management. Some plans are ready to start in the SMEC elevator company and willbe performed in2013. Therefore, the research in the paper could provide a reference in theelevator industry and in the manufacturing enterprise inventory management control and willhave practical significance.