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Research On Improvement Measures Of Inventory Management In Company PL

Posted on:2019-11-03Degree:MasterType:Thesis
Country:ChinaCandidate:Q WangFull Text:PDF
GTID:2439330596465101Subject:Business administration
Abstract/Summary:PDF Full Text Request
With the deepening of the global economic integration,the competition in all fields has become more and more intense.Electronic Manufacturing industry has been to more and more specialty and professional,meanwhile the profitability of the challenge is getting higher and higher to this industry enterprise.Supply chain inventory management is part of enterprise operation which is a necessary of enterprises.But how to manage the inventory to be a reasonable level becomes a managemental problem.Reduce and shorten the delivery cycle,lower inventory quantity,speed up inventory turnover is the objects of enterprise improvement.Company PL is working with high mix,low volume business model which need plenty quantity of inventory to support it.The author takes the inventory management as the research object and focuses on solving company PL existing inventory management issues.But before proceeding to solve the problems,the author first expounds the related concepts and theory involved in the paper,including supply chain management,inventory management,traditional inventory control methods,and inventory management under the supply chain environment,and then expounds the status of company PL and inventory management and the main existing stock management in the company.In order to solve the problem,such as the inaccuracy of demand forecast,unreasonable purchase decision,high quantity inventory,and limitation of the ability of purchasing personnel,the author analyses the causes of high stock from the inside and outside of the enterprise and provides the countermeasures to solve it.Finally,author choose ABC measures to control company PL inventory,by ABC measures operation of 4 months in company PL,inventory quantity and values amount has been improved 3.14%,this proves the choice of ABC inventory management is suitable for company PL at the present stage.Therefore,this is a model for other enterprises who wants to achieve inventory management success,must consider their own business and inventory practice,and then select a suitable inventory management method for the enterprise inventory management.
Keywords/Search Tags:Inventory turnover, High mix, Low volume, ABC inventory management
PDF Full Text Request
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