Research On Internal Control Of Inventory Management In CMU Company

CMU is the French Saint Gobain group in a wholly owned subsidiary of Mu Danjiang. Predecessor was a private enterprise and was made acquisition by Saint Gobain.process integration after the acquisition, encounter a lot of management and process issues, the outstanding problem is inventory management.measurement of the inventory is inaccurate. The petroleum coke is one of the most important raw material of silicon carbide formed, its shape is scattered granular, similar to the coal. Bulk storage, loading operation, it is difficult to achieve accurate measurement. The measurement error of Petroleum Coke will directly affect the cost of production.Stocktaking is high difficulty. Because the production process through the water flow velocity flow particle, the storage density of particles in the tank bottom of low, high, it is difficult to accurately measure.The value of the stock is high, turnover rate is very low. The inventory of CMU in 2010 is more than sales in the year 50%. Raw materials from suppliers and special reserve very much, due to a sudden turn for the worse and finished product market situation of serious unsalable, appeared the situation of high inventory. Become the bane of restricting the development of enterprises.Nominal internal control inventory, the enforcement is poor. Goods shortage has occurred many times, even halfway missing phenomenon, daily use appears repeatedly, lost documents, without a single material, hand any altered documents, data distortion caused by the book. The application of ERP is not in place, the system management exist in name only, the frequent replacement of the system operator, the new operator without training posts directly caused a lot of mistakes. The enterprise internal audit experience, not an inventory problem found in large amount, monitoring system failed to play its due role.This paper focuses on inventory management in and found a lot of management problems, around the control environment, the inventory internal control processes of control target and risk identification and risk assessment, in the detailed analysis of problems proposed risk response measures and how to optimize the process, strengthen the supervision and management.