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The Optimization Research Of G Pharmaceutical Company's Stock Management

Posted on:2018-03-08Degree:MasterType:Thesis
Country:ChinaCandidate:Y P PengFull Text:PDF
GTID:2359330518978534Subject:Accounting
Abstract/Summary:PDF Full Text Request
The pharmaceutical industry has long been called as the "eternal sunrise industry".The global pharmaceutical industry market has kept a long-term stable growth momentum.With our country's sustained economic growth,people's living standards continue to improve and the medical security system has improved gradually.Aged tendency of population is very serious at present.All these factors promote the development of the pharmaceutical industry.However,with the advance of the reforming of the medical,pharmaceutical market structure has taken place a great change.So that the pharmaceutical industry's growth is slowing and industry competition is becoming increasingly fierce.Because the production of major products are drugs in the pharmaceutical manufacturing industry.Our national has a very strict standard for drug production,storage and transport so that inventory management cost is very high.The statistics of pharmaceutical manufacturing industry inventory cost reached more than 30% of the total cost.So it is very important for the company to improve the efficiency of the enterprise's inventory management.G pharmaceutical company inventory turnover rate is far lower than the industry average.The inventory accumulation of the company is very serious.It will affect the development of the company.Through on-the-spot investigation and the questionnaire survey method,we know the present situation of G company inventory management.There are existing some problems in the company inventory.Such as the purchasing of inventory,inventory check incoming link,warehousing link and the sales return link of inventory.I analyze the reason of these problems and also put forward some corresponding suggestions in this paper.We can establish a supplier performance evaluation mechanism and perfect the system of the contract in the inventory procurement procedures.We could strengthen the warehouse inventory check and ensure inventory warehouse in time in the inventory check incoming links.We can improve storage ways and improve the system of warehouse management system in the inventory storage aspects.We should strengthen the responsibility of sales return in stock sales return link.Then I make a forecast evaluation about G company if it carrys out a inventory optimization scheme.Furthermore,according to the five elements of the COSO framework,I put forward four suggestions to strengthen the management of the inventory.First of all,we can build system about budget of inventory.And then we can enhance the consciousness of the inventory risk.And we also can set up good information communication system in the corporation.Finally,we can strengthen internal supervision and perfect the mechanism of performance evaluation.Believing through these measures mentioned in this paper can effectively speed up the G company inventory turnover.It also can improve the company's inventory management level.It also can help G company have more advantages in the competition.
Keywords/Search Tags:Inventory management, Optimization scheme, Internal control
PDF Full Text Request
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