The Research Of L Manufacturing Company's Inventory Management

At present,the global economy is not from the last round of economic crisis in the world economy completely recovery,growth is weak,at the same time,Chinese economic growth slowed to about 7%,the global economic downturn caused by weak exports and sluggish domestic demand,brought hitherto unknown challenge to domestic manufacturing enterprises.Machinery manufacturing is one of the most important industries in China's national economy.It provides technical equipment for the national economic sector.The development of machinery manufacturing industry is an important index to measure the creativity,competitiveness and comprehensive national strength of a country.As a mechanical manufacturing industry,in order to ensure sustained profit growth,the cost management of the company must be effectively managed and controlled,and inventory management is a key link in cost management.The good or bad of an enterprise inventory management is directly related to the efficiency of capital operation and the level of capital occupation,which is related to the economic benefit of the enterprise.The inventory management of manufacturing enterprises occupies an extremely important position in the management of enterprises.The author chooses L machinery manufacturing company in mechanical manufacturing as research object,and follows the way of finding problems,analyzing problems and solving problems,so as to study inventory management.This paper first describes the background and significance of the research,then summarizes the research results of inventory management at home and abroad,and briefly introduces the research contents and methods of this paper.Secondly,from the theory of inventory management,the definition and characteristics of inventory,the principles and methods of inventory management are summarized,and the basic knowledge reserves are completed.Again,through the investigation,combined with the characteristics of production and management of machinery manufacturing industry,understand the situation of the L company and summarizes the inventory,the company from purchasing,inventory,warehousing,warehouse storage inspection are four aspects of a series of problems,such as lack of stable procurement suppliers,procurement plan is not reasonable;the acceptance of inbound links approval procedures are not standardized,storage not timely;lax,warehousing management and accounting level is low;outbound link quality inspection is not in place.The causes of inventory management level of the company is the main supplier of high management confusion,unclear definition of responsibility,the storage system is not perfect,the lack of management consciousness of employees.Finally,the actual situation of inventory management based on L,puts forward the optimization scheme:inventory procurement,improve the process of supplier selection and evaluation indicators,to solve the company's lack of long-term and stable partners,and using JIT timely procurement mode,the production processes and material requirements planning closely together,effectively reduce inventory.In order to reduce the inflow of unqualified materials,we should strengthen the acceptance of the warehouse and improve the post responsibility system.In order to reduce inventory loss and damage,we should combine ABC classification and CVA management method,upgrade ERP inventory alarm system,improve inventory level and improve liquidity.Inventory outgoing links,improve inventory outgoing process,strict Kanban management can grasp inventory inventory in real time,pay attention to order sales,can develop sales channels for company's high inventories,effectively improve the company's current inventory status,and improve inventory management level.The conclusion part summarizes the research findings and the shortcomings of the paper.