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A Study On Inventory Management Optimization Of SZ E-Commerce Company

Posted on:2019-04-03Degree:MasterType:Thesis
Country:ChinaCandidate:J ChenFull Text:PDF
GTID:2439330548486883Subject:Logistics Engineering
Abstract/Summary:PDF Full Text Request
With the continuous development of economy and the acceleration of technological change,e-commerce company have been under the pressure of shorter delivery time,cost reduction and improvement of services in the market environment with intensified competition.Therefore,inventory management has come increasingly significant.The rapid development of Internet has led to new challenges in the actual operation of inventory management and logistics distribution.As far as SZ E-commerce Company is concerned,SZ E-commerce Company is confronted with planet of problems in inventory control and management.In the paper,the causes of the problems are explored,and the inventory management is optimized and integrated by means of qualitative and quantitative methods.Based on the theory of Supply Chain Management,combined with the actual background of SZ E-commerce Company,the inventory management problems existing in the enterprise and the underlying reasons are analyzed,and the inventory management of SZ E-commerce Company is optimized.First,the optimization of inventory classification of SZ E-commerce Company was mainly implemented through the K-means Algorithm.The ABC Classification,FSN Classification are combined with VEDS Classification,and four factors,including velocity of circulation,price,importance level of product,are taken as variables.The inventory products of SZ E-commerce Company were classified by K-means,and targeted inventory management was carried out for classified products.Subsequently,the BP Artificial Neural Network Algorithm was employed to forecast the inventory demands of SZ Ecommerce Company to achieve a higher accuracy of demand forecasting,so as to improve the current situation of low accuracy of traditional prediction algorithm.Finally,in accordance with the theory of supply chain inventory management,the e-commerce inventory management modes and concepts of SZ were optimized.The conclusion shows that the optimization project achieves the effective classification and targeted management of products with the inventory management quality and service levels being guaranteed,enhances the accuracy of inventory demand forecasting and improves the inventory management modes and ideas.It is expected to improve service level of SZ E-Commerce Company.
Keywords/Search Tags:Inventory management, Inventory classification, Demand forecast
PDF Full Text Request
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