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Research On Inventory Cost Control Strategy Of A Company

Posted on:2021-03-11Degree:MasterType:Thesis
Country:ChinaCandidate:Y YangFull Text:PDF
GTID:2392330632453203Subject:Business management
Abstract/Summary:PDF Full Text Request
Inventory is the basis of the development of manufacturing enterprises.The level of inventory management in manufacturing enterprises is of great significance to the implementation of cost strategy and maximization of benefits.In enterprises,the existence of inventory is bound to occupy a large amount of liquidity.At present,the scale of domestic machined enterprises is expanding continuously,the market allocation and social resources are growing rapidly,and the competition is becoming more and more fierce,so enterprises have to pay more attention to inventory management.Because the development of manufacturing technology is stable,the difference of product quality and use is reduced,and the price is stable.In order to gain more profits and occupy a favorable position in the market,efforts must be made to control all kinds of costs.There are many ways to reduce cost.This paper studies how to reduce inventory purchase cost,inventory holding cost and inventory out-of-stock cost.Company a in this paper is an automobile manufacturing enterprise.Mainly engaged in the overall production of automobile,including:welding,surface treatment,general assembly,etc.At present,the main problem is the fierce competition in the external market.Due to the lack of sufficient system guidance,control and market research in the early stage of the establishment of company a,and the high cost investment,the current financial situation has certain pressure.In the near future,it is necessary to establish a perfect inventory cost management system to control the purchase cost,holding cost and shortage cost.In view of the above problems,the company has required relevant departments to carry out data analysis,and then put forward plans,and finally achieve the goal of reducing costs.Based on the research status of domestic and foreign organizational structure field,this paper studies the inventory cost of A company under this background,further finds the problems of inventory management and cost control of A company,and makes in-depth analysis of these problems one by one.Finally,this paper briefly expounds the strategy of solving inventory cost control and the safeguard measures implemented by Company A.Through the research,it is found that this paper can play a greater role in improving the current situation of inventory cost control of A company.A company can use it as a guide for inventory management operation,and hope that this paper can provide reasonable suggestions for the peer enterprises to solve similar problems.It provides reference for the research and development of inventory management at home and abroad.
Keywords/Search Tags:Inventory, Manufacturing Industry, Inventory Cost, control strategy
PDF Full Text Request
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