Research On Inventory Cost Control Of Fengxu Food Co.,Ltd.

In the balance sheet,inventory as a current asset has great significance,while inventory has a direct impact on sales revenue and costs in the profit statement.Nowadays,the competition of market economy in our country is becoming more and more fierce.Under this background,the control of inventory cost has been paid more and more attention by corporation.Inventory cost command is an essential part of corporation production and management.Through effectual command of inventory cost,not only can the enterprises production and operation activities be carried out in an orderly and continuous manner,but also the sales cost is greatly reduced.At the same time,it can win the pricing advantage for the enterprise's products,provide economic benefits and guarantee the enterprise.The level of business in the same industry is far ahead.Consequently,it is especially important for corporation to establish a ideal inventory cost control system.Taking Fengxu Food Limited Company as the research object,this paper uses case analysis method to analyze and evaluate the inventory cost control of Fengxu Food Limited Company and finds out the problems,and puts forward corresponding advancement expedients.There are six parts in the essay:The first part is the introduction.First,it summarizes the research background and importance of this essay.Based on the relevant theory,it elaborates the research ideas and methods,highlights the research characteristics and innovation.The second part is an overview of inventory cost control theory.It introduces the theoretical concepts related to inventory,the basic theory of cost control,the concept of ERP and its development process.The third part is a brief introduction of Fengxu Food Limited Company and its internal and external environment analysis.It introduces the basic situation of Fengxu Food Limited Company and analyses the internal and external environment of Fengxu Food Limited Company The fourth part is the analysis of the current situation and existing problems of the inventory cost control of Fengxu Food Limited Company It makes an all-round analysis from the three dimensions of procurement,inventory and sales,and makes an objective evaluation and analysis of the existing problems.The fifth part is the model design of ERP in the inventory cost control of Fengxu Food Limited Company The sixth part is the conclusion of the full textThis study will help Fengxu Food Limited Company improve the effect of inventory cost control implementation,obtain core competitive advantage,reduce enterprise inventory costs,and improve the profit margin of Fengxu Food Limited Company At the same time,it also helps to solve the application of inventory cost control in food processing in China,and has certain guiding significance for food processing enterprises to implement inventory cost control.