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Research On The Optimization Of Inventory Management In A Company

Posted on:2017-11-30Degree:MasterType:Thesis
Country:ChinaCandidate:X L HouFull Text:PDF
GTID:2429330596957278Subject:Engineering
Abstract/Summary:PDF Full Text Request
With the pace of globalization of the market economy accelerating steadily,the fierce competition in the market of all enterprises is increasing,which results in more and more challenge enterprises faced.In the current buyer's market environment,the pressure of competition and constantly changing market demand has required enterprises possessing an ability to meet customers' demand.In the current stage of high uncertainty,because of cargo flowing quickly,enterprises,especially in the business of FMCG(fast moving consumer goods),need to keep a close monitoring of its' inventory that ensures inventory can not only meet the daily operation of the enterprise,but also does not increase the storage cost of it.The object of this paper is a company named A,which engaged in the wholesale of paper products.The purpose of this article is about to solve some problems,such as warehouse chaos,goods out of stock and large inventory.First of all,by insulting many studies,I can know the current development situation of the inventory management and some basic knowledge about it.Next,according to the actual situation of A company,discuss the status of the company's inventory management and the reasons of the problems existing in the company's inventory management.Aimed at the problems existing in A company,I want to use ABC method to classify management for the stock goods.According to the historical sales data of the enterprise,use the grey forecasting model to predict the sales volume,which can predict the sales anomalies and provide the basis for the enterprise to order.Finally,determine the order cycle and order point on the basis of the actual situation of the company,so as to improve the enterprise's inventory management level,reduce inventory costs,reduce shortage and the backlog of goods to reach the goal that improve the competitiveness of enterprises.
Keywords/Search Tags:inventory management, ABC classification, gray prediction, order cycle
PDF Full Text Request
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