Research On Inventory Management Of YF Company

In recent years, as increasingly fierce competition, the demand of the automobile industry to their supplier is higher and higher.YF company is a automotive component suppliers.As fierce market competition, inventory management is becoming more and more important.how to better control inventory, reduce cost, improve service level and regain competitiveness is of great strategic significance.In this thesis, it analyzed the major two problem of YF's inventory management:1, large inventory;2,long purchasing lead time.that is mainly due to inaccurate forecast information, inaccurate inventory information cause, purchase in advance of longer term problems, research methods of supply chain management to implement the joint inventory management can effectively solve these problems of YF the company.Through the analysis of the cost advantage of JMI?improving forecast of demand depand on JMI?shortening lead time by JMI?optimize supply chain inventory management and Coordination of supply chain inventory managemen and so on, structure of the inventory and delivery level will optimized, which reduce the inventory cost and the cost of materials.Finally based on the JMI applied, cost of inventory decline gradually from 46 million to 40 million and Continued to decline.that enhance the stability and reliability of the parts inventory and reduce inventory capital, as well as for reference to other valve manufacturer.