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Research On Inventory Management Based On Supply Chain Of E Company

Posted on:2020-12-23Degree:MasterType:Thesis
Country:ChinaCandidate:Y H LiFull Text:PDF
GTID:2439330596976856Subject:Business Administration
Abstract/Summary:PDF Full Text Request
With the acceleration of the iteration of electronic components updating,the life cycle of components is shortening day by day,and the demand of the client is changeable,the demand's instability is increasing day by day,which makes the unbalanced phenomenon of supply and demand in the electronic components distribution industry very prominent.On the one hand,distributors have a large number of inventory overstock problems,on the other hand,there is also a problem of frequent components shortages,which leads to the cost of inventory management of distributors continues to increase,seriously affecting the overall operating profit and performance.How to improve and optimize the inventory management of component distributors is an urgent problem for distributors.This paper takes E Company,the top ten distributor of electronic components in the world,as the research object,and takes audio department as an example to analyze the status of its inventory management.Based on the upstream suppliers,downstream customers and E company itself,the paper finds out the reasons of the inventory problems:E company's own inventory management is backward and unscientific,the process is complicated and lack of supply chain collaboration's inventory management concepts,lack of information sharing among all the enterprises in the supply chain,passive control of the main customers,customers composition is not healthy.Special materials and customized materials are increased the difficulty of inventory management.Customer demand forecast is poor and many sudden changes,standard deviation between forecast and real billing is large.Upstream suppliers,powerful distributors control policy,small profit to distributors and distributors have no decision power.Aiming at these problems,this paper puts forward three optimization measures:E company itself,improve customer forecast's accuracy,establish flexible inventory management organization,classify different products and adopt appropriate multi-element inventory management mode,improve some existing inventory management mode,use mathematical model to control whole inventory cost,optimize internal processes;Strengthen the management of customers,guide customers to strengthen the management of demand and forecast,prevent bullwhip effect and components shortages occur;share inventory risk with upstream supplier,negotiate negative margin subsidy,minimum margin guarantee and other supports,work out supply and inventory management strategy for important customers,increase the additional value of distributors and improve the status to suppliers,so as to obtain more price or inventory supports from the upstream suppliers;cooperating with upstream suppliers and downstream customers to establish a network electronic inventory management platform.It is hoped that the conclusions of this paper can not only improve E company's inventory management performance,reduce the overall supply chain cost,but also improve E company's supply chain flexibility and overall response eff-iciency,so as to ultimately improve E company's inventory turnover,capital return,profit and overall competitiveness.At the same time,it also has a certain reference function and value for other component distributors.
Keywords/Search Tags:Supply Chain, Inventory Management, Electronic Components Industry
PDF Full Text Request
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