Studies On Samwo Inventory Management Improvement

The globalization of market competition and modern network technology put the traditional trading company in a tiny profit situation in the recent years.The competition is not merely product competition but the supply chain competition among trading companies.Inventory is the core part of supply chain management in a company and effective inventory management is playing an important role in business activities in trading companies like stable product supply,quantity order for discount,uncertain factors and risk reduction,reduce stocking level,raise market response speed,lower stocking and managing cost.An effective inventory management method and continuously improvement will be an important way to improve the financial performance and competitive power of a company.In this paper,base on Samwo International Group inventory management system,combine the traditional inventory management with modern inventory management theories under supply chain management environment,to find the key problems of Samwo International Group current inventory management system.The paper research and analyze the key problems in order to work out the improvement method of inventory management system by applying modern inventory management methods,reconstruction and process review,in the same time,it also show the points need draw attention and risk resistance during the improvement.The improvement to Samwo inventory can help to enhance the inventory management level and competitive power of Samwo,to create more economic and social benefits.The key problems displayed in the paper are also universal in most traditional trading company,the research result can be helpful for the traditional trading company and help them to improvement their inventory management level and raise the competitive power.