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Study On The Problems And Countermeasures Of H Company's Inventory Zero Growth

Posted on:2019-07-30Degree:MasterType:Thesis
Country:ChinaCandidate:Z J WangFull Text:PDF
GTID:2429330542494897Subject:Business Administration
Abstract/Summary:PDF Full Text Request
Under the background of energy stress and environmental problems,LED optoelectronics industry has become one of the most promising high-tech industries in the 21st century.In September 2016,our country at the G20 summit for approval issued“Energy Efficiency Leading Program?EELP?”and“Paris Agreement”entered into force in November.In China,national strategies such as“the Belt and Road”,“Made in China 2025”have been deeply implement,strategies like“the 13th Five Year Plan for Nationl Science and Technology Innovation”,“the 13th Five Year Plan for National Strategic Emerging Industries Development”,“the 13th Five Year Plan for Energy Conservation and Environmental Protection Industries Development”have been released.State Council set up a“national new material industry development leading group”as an important gripper of strategic emerging industries,energy conservation and emissions reduction,semiconductor lighting industry ushered in the new opportunities.LED industry due to the structural excess capacity and production processes,process more complex characteristics of low inventory turnover,the inventory occupied more than 30%,the ratio of current assets are also is an important object of enterprise management.The management and utilization of the situation has a great impact on the capital turnover of enterprises.Implementing the correct inventory management method is a way to accelerate capital turnover and raise capital use efficiency.On the contrary,excessive inventory lead to enterprise's cash flow,increase the management cost and maintenance cost,at the same time,bring unnecessary waste,such as warehouse construction fee,maintenance fee,labor fee,handling fee and so on,directly increase the enterprise cost,reduce profits.Excess inventory will also cause serious production imbalances.H company is a green lighting company specializing in r&d,production and sales of high-power LED lighting.With the progress of The Times,the competition in the international market is becoming more and more intense,and the competitive pressure of the company is gradually increasing.How to further improve the market competitiveness of the company,improve the comprehensive operation management level,reduce the operating costs of the company,increase the company's profit and other problems are worth serious thinking.This is also the goal of the optimization of the zero inventory management mode of H company.Although H company's top managers have realized the importance of zero inventory management of the company and also actively implement zero inventory management,lack of a good management system and effectively implementing supervision,so that in the process of implement and practice many problems appear,a lot of unnecessary loss caused to the company,therefore,zero inventory management optimization of H company is imperative.This paper firstly introduces the zero inventory management in the domestic and foreign research present situation and background,then according to the theory of supply chain management,zero inventory management theory as a starting point,with the inventory situation of H company and the inventory data of calendar year,makes systematic analysis on H company,and expounds the necessity of implement zero inventory management optimization for H company.Then,it analyzes the existing problems of the zero inventory management of H company from both internal factors and external factors,and finds out the deficiencies in management,and puts forward practical and feasible optimization schemes.The research on zero inventory management has some references for other types of companies.
Keywords/Search Tags:Inventory, Zero Inventory Management, Supply Chain Management
PDF Full Text Request
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