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Existence Of Inventory Management In HY Pharmaceutical Enterprises Of Traditional Chinese Medicine Problems And Countermeasures

Posted on:2020-08-11Degree:MasterType:Thesis
Country:ChinaCandidate:Z R LiuFull Text:PDF
GTID:2439330575986514Subject:Business Administration
Abstract/Summary:PDF Full Text Request
With the rapid development of the global pharmaceutical industry,the development of China's pharmaceutical manufacturing industry has also ushered in an unprecedented good period.The development of the pharmaceutical manufacturing industry is i nseparable from the current national conditions.Nowadays,the rapid economic development of our country makes people's material life more and more abundant.Therefore,people pay more attention to the quality of life.For the reasons of higher and higher health standards and more prominent aging problem of our population,the government has introduced a series of medical security system,which has helped our medicine to some extent.Development of the industry.However,in recent years,with the continuous advancement and deepening of China's medical reform,there have been many changes in the pharmaceutical product market,the growth rate of the industry has gradually slowed down,and the market structure is also rebuilding.This makes the competition betw een pharmaceutical enterprises more and more fierce.In order to keep a place in the market and strive for greater market and benefits,the hardware conditions such as workshop and equipment needed for production need to be constantly updated.At the same time,the improvement of soft power such as enterprise management mode is also a very necessary guarantee.Due to the expansion of the overall scale of HY pharmaceutical enterprises,their total assets scale also increases correspondingly,which makes the enterprise's capital constantly occupied by the large-scale growth of inventory.The inventory turnover rate of HY Pharmaceutical Enterprise is used as an index to evaluate the efficiency of liquidity utilization.Although the inventory turnover rate of HY Pharmaceutical Enterprise is slightly higher than the average value of the same industry,there is still a big gap compared with the optimal value of the industry.This shows that inventory management needs to be improved.From the perspective of long-term development,reasonable inventory and efficient inventory management can help enterprises improve their operational capacity and enhance the comprehensive competitiveness of the industry.In this paper,the inventory management of HY pharmaceutical enter prises as the main body of research,using the financial reports and internal information provided by enterprises in recent years,on the basis of field research of HY pharmaceutical enterprises,the characteristics of inventory and the status of inventory management of enterprises are understood.Based on the analysis,the shortcomings in inventory management are found,and the causes of the problems are found.Combining with the characteristics of production and operation of HY Pharmaceutical Enterprise,the effective countermeasures are put forward.Byadopting the economic order batch model in the inventory procurement process to formulate a scientific procurement plan,the quantity of procurement can be more reasonable,the occupancy of funds can be redu ced and the inventory pressure can be reduced.Improving the supplier management scheme can guarantee the quality of raw materials,improve the efficiency of raw materials procurement,and establish long-term partnership with suppliers;further improving ABC inventory classification management method in the inventory storage link,strengthening the correlation among three types of inventory A,B,C,strengthening the daily inventory supervision and inspection,and formulating three inventory management sch emes can reduce inventory.Inventory management costs,reduce the loss caused by inventory damage;in the distribution and sales of inventory,the implementation of centralized management of suppliers,through improving information sharing and shortening t he lead time of orders can effectively control the relationship between enterprises and suppliers and distributors,which is conducive to market development,saving operating costs,improving the enterprise inventory information feedback channels,and ensuring enterprise information transmission and distribution.Timely and accurate,convenient for data collection and analysis,help enterprises to avoid risks.It is hoped that the improvement measures proposed in this paper can reduce the total cost of inve ntory,release more funds and improve the level of inventory management and profitability of HY pharmaceutical enterprises.
Keywords/Search Tags:HY Pharmaceutical Enterprise, Inventory Management, Economic Order Batch, ABC Classified Inventory Management
PDF Full Text Request
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