Research On Inventory Management Of Automobile Parts Enterprises

The fast development of economy, the fierce competition in automotive componentsmarket brings the manufacture enterprise both opportunities and challenges, also in theface of pressure to shorten the delivery lead time and reduce the cost. There are all kinds ofinventory inside the manufacturing enterprise, from raw-materials, components,semi-finished parts to finished parts. If inventory is too high, the working capital of theenterprise is occupied, thus the enterprise operation cost is high. If the inventory level istoo low, the customer service will be down. The company may lose market shares. That iswhy inventory controlling is becoming more and more important for the company to gainhigher competitive power. Therefore, the enterprise wants to enhance itscompetitiveness, must control inventory under the guidance of related theory of inventorymanagement to keep the inventory in the reasonable level.This dissertation first introduces the background and the significance of inventorymanagement, the related theory and literatures of inventory control, and then introducesthe general situation of H company and problems of the inventory control. The third partsdescribes the main principle, the inventory optimization strategy of H company, integratedcustomer’s demand planning, make improvements of production planning and allproduction materials inventory management strategy, finally evaluation by stage aboutinventory management performance and summarize the conclusions of thisdissertation, and give the valuable suggestions on future research and practice application.The methods and research results of inventory management in this study, not only hascertain practical significance and reference value for H company to improve inventorymanagement level, but also the approach proposed in this thesis supply some reference tothe similar automobile components manufacturers.