Shanghai Threegun (Group) Ltd Wuxi Branch Inventory Optimization Strategies

Shanghai Threegun (Group) Ltd is a production and sale of knitted underwear and apparel based in State-owned enterprises.is an impprtant part of Shanghai Dragon Corporation. Has26branches throughout the country, more than1,000retail stores, more than3,000sales outlets, marketing network across all major provinces and cities in China. Inventory management has been troubled by Shanghai Threegun (Group) Ltd, a major issue. Along with the clothing market competition intensified, clothing enterprise’s stock remains high, how fast and effective "stock" clothing companies have become one of the most important jobs.Poor inventory management will result in excess or shortage of inventory, inventory problem will be the timely delivery, unable to meet the needs of customers, lost sales opportunities and excess inventory is capital intensive, affecting the funding and corporate competence. Therefore, for every garment Enterprise inventory management, are vital topics. Inventory turnover ratio and inventory turnover days is inventory management performance evaluation of two important reference indexes.Based on the theory of inventory management based on to Threegun Wuxi Company of actual cases, as research material, discusses how to inventory management theory and methods applied in Threegun Wuxi Company’s inventory management practices to optimize simple inventory management in the Wuxi company, improve inventory turnover to seek solutions.I hope this article can provide a reference for managers and policy makers, to address similar issues in other similar companies to provide a reference.