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Research On The Just - In - Time Inventory Management Of A FMCG Production Enterprise Based On Supply Chain Management

Posted on:2016-10-27Degree:MasterType:Thesis
Country:ChinaCandidate:Y B WangFull Text:PDF
GTID:2279330470468111Subject:Business administration
Abstract/Summary:PDF Full Text Request
Nowadays, because of the rapid development of science and technology, the logistics industry become the most important source of the third profit. The economic development into a new pattern. More and more industrialists and technical experts pay more attention to this problem increasingly. The experience of developed countries shows that, the modernization of economic construction is impossible without modern circulation industry. Logistics industry on a leading position in economy development, in a sense, the socialization of logistics industry means that a country’s modernization degree.In our country, with the deepening of the reform of social economic system, the relationship between supply and demand of production will transform a seller’s market into a buyer’s marke, this change make the logistics industry of our country facing a new and urgent adjustment and reform. In recent years, in order to meet the needs of the epoch development, conform to the market changing, and adapt to the competitive environment, the suppliers, manufacturers, distributors and agents began to introduce the concept of supply chain management. Under the environment of supply, chain management, the traditional inventory oriented mode of procurement has been unable to meet the needs of the development of market economy, traditional inventory procurement will change into order driven mode, More and more enterprises start to emphasize the more close relationship between supply and demand based on the perspective of supply chain, then JIT (Just-In-Time) procurement is also highly concerned in the context of enterprise and related fields. The author believes that the purpose of JIT Procurement is to eliminate the waste of the enterprise purchasing link, eliminate the inventory of raw materials and purchased parts, through the concept of the logistics and technical innovation, then achieve the goal of cost saving and maximization of business objectives.JIT theory was put forward in the 1950s, has been widely implemented in the logistics, procurement, warehouse management, supply chain, e-commerce and other fields as a mode of production. Based on JIT management mode, the relationship between suppliers and manufacturers must be strengthen, in order to integrate the resources advantage and further strengthen the supply chain, invalidity redundant operations must be reduced in the process of the production, logistics, delivery, inventory etc. Reducing the waste of resources can strengthen the supply chain coordination ability. Corporations should be allied with strategy suppliers and the form of partnerships, with sharing information and profits, sharing market risks.This paper mainly Fast Moving Consumer Goods (FMCG) Industry as an object, researching on Just-in-time Inventory Management of FMCG Enterprises Based on Supply Chain Management. State the way that how to use just-in-time inventory management in FMCG industry. The point of Just-in-time Inventory Management lies not only in warehousing management itself, but also in the purchasing, logistics, production and so on. How to apply just-in-time inventory management in the warehouse management of FMCG enterprises? How to solve the problems that existed in the enterprises? According to the problems all above, we put forward the countermeasures of Supply Chain Management, Just-in-time purchasing, and Just-in-time production etc. In order to achieve the purpose of "zero" stock management, and attain the goal of profit maximization.This paper consists of three parts (chapter 5), the first part expounds the supply chain management, just-in-time inventory as well as the basic theory of FMCG industry, development, and related theories. The second part mainly by the author’s working experience in K FMCG manufacturing enterprises, analyses the problems existing in the enterprise. The last section by using the theory of just-in-time inventory build K FMCG manufacturing enterprises "zero" stock management implementation plan, make the whole supply chain management process design is reasonable, the production getting perfected improvement, and achieve the established goals.
Keywords/Search Tags:Supply Chain Management, Just-In-Time Inventory, FMCG Manufacturing Enterprises, Warehouse Management
PDF Full Text Request
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