Research On Inventory Management And Optimization Of X Company

In the fierce market competition, cost control of enterprise operation affects thefuture development of enterprises. However, many enterprises do not attachimportance to the inventory control. This directly led to a large amount of money wasoccupied by the enterprise inventory. The company directly facing the capitalturnover difficult dilemma.Inventory control aims at the right time and place to obtain the appropriatenumber using the least cost of raw materials or products. This paper explores theoptimization of inventory control for the purpose, through the economic orderquantity (EOQ) model as the core, to seek the optimal storage strategy through theanalysis. This paper discusses the related theory from the beginning inventory. Theorigin of inventory contradictory discussion from the inventory of connotation, etc..Based on the introduction of the concept of EOQ, the classical EOQ model areanalyzed, and pointed out the inadequacy. Through the establishment of EOQ modelwith price discount, the push to obtain the optimal solution of the model. And theanalysis and evaluation of the results of the model.This paper takes X company as an example to analyze, analysis of the company’sorder flow. Through the data obtained with the model is solved. The order quantityand period, the best. Reduced the cost for the company. At the same time, thecompany’s inventory more reasonable. Finally, some suggestions on the company’sinventory is proposed.