Study On Inventory Management For Roto Shanghai Branch

There is a high requirement on the supply time of door and window hardware for constructional engineering,so door and window hardware suppliers are expected to maintain a certain amount of product inventory.However,the inventory will hold the cost,therefore,companies are paying more and more attention to the control of inventory.Due to the total supply cost of ROTO FRANK Shanghai Branch accounts for about 40% of total sales,of which inventory accounted for a considerable proportion,it is important and essential to have a serious and rigorous analysis of the enterprise's inventory system and the optimization of inventory costs.Through effective inventory control management to control inventory,reduce inventory costs,thereby increasing the profits of enterprises.If the inventory management is poor,there will be a large number of inventory obsolete and excess,which not only will cause a large number of circulating funds occupied by the inventory for enterprises,but also influence on the competitiveness of corporation in the market.Depending on the actual situation of ROTO FRANK Shanghai Branch,this thesis analyzes and studies on the management control of product inventory.Firstly,aiming at the inventory product structure of ROTO FRANK Shanghai Branch,this thesis analyzes and summarizes at the proportion of inventory product,features of a product,finished stock turnover,as well as slow-moving inventory.Meanwhile,it proposes the emphasis of product inventory control includes handle product and hinge product which is the core product,as well as plastic cover and the other parts.By analyzing the recent years' data of sales and purchasing of ROTO FRANK Shanghai Branch,this thesis finds out the features of the above products inventory as well as existing problems.What's more,it proposed optimization measures,including ABC sort management of products,improvement of enterprises organizational structure,and the setting of storage period,which has played a significant role in the actual inventory management,for example,reducing the inventory cost,improving the inventory management efficiency,reducing inventory backlog as well,and so on.