Research On The Improvement Of Parts Inventory Management For Guanzhong Auto Co.Ltd

In recent years,the Auto industry boost rapidly,as we can see in the year of 2018 the total sale volume of the auto reached high up to 280.08 million,and it will continuously increase.With the development of the auto parts industry,it brings chances for many auto parts companies such as the domestic local supplier Guanzhong Auto Co.Ltd.With the increasing of the request and the new project,the turnover of Guanzhong Auto Co.Ltd increases continuously,however,the increasing turnover yield none increasing profit.When we analyze the above reason,it shows that the main point lies in the huge inventory qty and high inventory cost,which covers tremendous cash flow,so that causes the high sales volume with low profit.The inventory as the important part of the flow assets of Guanzhong company is so high,and it efficiency dragged company profit and company competence.At the same time,the inventory management level influences the profit of the whole supply chain.So the improvement of parts inventory management for Guanzhong Auto Co.Ltd seem to be so important and it becomes the top priority.Starting from the current situation of inventory management in Guanzhong Automobile Co.,Ltd.and from the perspective of the whole supply chain,this paper combs the theoretical knowledge of customer demand forecasting,inventory management methods,supplier management skills and other related aspects.Taking Guanzhong Automobile Co.Ltd.as an example,combined with the existing problems in the inventory management of Guanzhong Automobile Co.Ltd.,this paper makes an in-depth investigation and Study on the inventory management and related departments of Guanzhong Automobile Co.Ltd.Talk with the head of your company’s logistics management department and the company’s senior leaders to clearly understand the outstanding bottlenecks encountered in the inventory management and supply chain management process.The internal resources and external environment of Guanzhong Automobile Co.Ltd.are comprehensively analyzed,and a set of scientific and effective spare parts inventory management optimization scheme is designed to solve these problems.It is believed that Guanzhong Automobile Co.Ltd.can fully adopt ABC classification,CPFR model and classified ordering strategy,make full use of the strong support of the state on the policy of independent enterprises,give full play to the advantages of Guanzhong Automobile Co.Ltd.in the industry,from the whole supply chain,the scientific calculation method of customer demand forecasting,comb supply chain management mode and process,and CPFR model.Implement differentiated management scheme.Drawing lessons from ABC classification,strict control and classification management of high-value components can greatly reduce inventory costs.Combining differential ordering strategy can effectively control inventory cost and reduce risk.The CPFR model can connect customers and suppliers together,formulate together,and solve all kinds of problems and risks in the supply chain.At the same time,combined with the implementation and implementation of supplier management,we can effectively optimize the spare parts inventory management of Guanzhong Automobile Co.Ltd.Finally,through organizational process optimization,detailed management,effective supervision mechanism as the basis,and strengthening staffing,reasonable incentives,ERP system management improvement,core staff skills training and upgrading to ensure the implementation of the program,so that Guanzhong Automobile Co.,Ltd.inventory management optimization has been greatly improved.