Research On Inventory Management Optimization Of W Pipeline Machinery Manufacturing Company

In corporate production and operation activities,costs are an important factor influencing corporate economic benefits.In the various costs,inventory cost accounts for a considerable part.If inventory management goes wrong,it will directly increase corporate production and operation costs and even lead to cash flow difficulties,thus impeding corporate development and causing corporate failure.If inventory management goes right,it will speed up cash flow and enhance cash use efficiency,thus increasing investment income.W is a pipeline machinery manufacturer that processes some of the pipeline machinery products of its parent company.To improve its parent company's economic benefits and development,W should focus on all aspects of its work and make its due contributions.It is therefore a top priority for W to ensure inventory management in all links of production.It is also a key task for W to introduce advanced management ideas and improve its management level.As a manufacturing enterprise,W should see the huge role of the inventory in its development.This paper begins with a survey of W.It is found that its inventory management has a great effect on its operation.So W's inventory management is the focus of this study.An analysis of W's situation in inventory cost control,procurement management and supplier management shows that W is confronted with such inventory management problems as unreasonable inventory cost control,imperfect procurement management,unsound supplier management,etc.Then,AHP and ABC are adopted to conduct inventory control of W,and optimization schemes are put forward in the three aspects of inventory cost control,procurement management and supplier management.At the same time,a predictive analysis is carried out with a view to improving W's inventory management level and ultimately to improving its economic effects,core competitiveness and integrated management level in the manufacturing enterprises.