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Research On Inventory Management Optimization Of Q Company's Purchased Parts Based On Material Classification

Posted on:2020-08-21Degree:MasterType:Thesis
Country:ChinaCandidate:R ShiFull Text:PDF
GTID:2439330575454811Subject:Engineering
Abstract/Summary:PDF Full Text Request
With the introduction of "Made in China 2025" and the promotion of globalization,the competition among manufacturing industries has become increasingly fierce.While improving their own production efficiency and developing new technologies,enterprises try to reduce the cost of enterprises and increase profits.However,most of the links are difficult to achieve significant results in reducing the cost of enterprises.Inventory management as a difficult point for enterprise development,setting and maintaining a reasonable inventory will help enterprises to improve capital turnover and reduce management costs.Similarly,this is one of the key points for a specialized equipment manufacturer to win in the competition.Q company is a special equipment manufacturing enterprise.This paper takes Q company as the research background and combines the research status of inventory management at home and abroad,it proposes a targeted management approach: the process of the company in the process of inventory management is cumbersome,the classification of materials is too simple,and the safety stock setting is unreasonable.Firstly,using the advantages and disadvantages of ABC classification to construct AHP&ABC material classification model.Then,the status of Q company inventory management is summarized,and the problem diagnosis and analysis are carried out.Furthermore,the 2017 B9 RUBBING project is selected.As the original data,the purchases were classified into AHP&ABC,and the stochastic inventory control model with safety stock was used to calculate the safety stock of Class A and Class B purchased parts.Before and after the optimization,The safety stocks of the three types of materials fell by 31.19%,and the inventory costs fell by 20.29%,and the utilization rate of stagnant materials has also increased significantly.Finally,safeguard measures have been proposed for the implementation of the inventory management plan for purchased parts.In this paper,the effective optimization of Q company's inventory management has greatly improved its inventory management efficiency,and the classification,distribution and quantity of materials are more reasonable,which greatly reduces the inventory cost.
Keywords/Search Tags:Inventory Management, Safety Stock, Analytic Hierarchy Process, ABC Classification
PDF Full Text Request
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