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Research On Raw Material Purchasing Strategy Optimization Of Multi-varieties And Small Batch Production For A Company

Posted on:2021-04-24Degree:MasterType:Thesis
Country:ChinaCandidate:Y ZhaoFull Text:PDF
GTID:2439330620464333Subject:Business Administration
Abstract/Summary:PDF Full Text Request
In order to meet the customized and diversified demands according to different application environments and usage requirements,A company,while introducing overseas brands regulator production lines,continues to develop new product series to enrich the production lines and increase the profit margin of sales.With the expansion of the product lines,the categories and quantity of raw materials are increasing,forming a multi-variety small-batch raw material demand model.It is difficult to forecast in such circumstance.The demand is unstable due to the products are diversified,and the lead time of raw materials is not the same.Once the demand fluctuation or supply bottleneck occurs,there will be material shortage or inventory surplus,resulting in poor on time delivery and low inventory turnover.Per analysis of the business model and procurement process of A company,this paper found that the main reasons lead to those issues: the overdue classification standard of inventory materials,the inflexible procurement method,and the impact of environmental policies on supply and demand.According to the study of classification method,material purchasing strategy,justin-time,vendor managed inventory,economic order quantity concept and research result domestic and overseas.Starting from the actual management data of A company,the author optimized the inventory classification method,screen out low frequency class D material,classify the few but important ABC materials to divide them into four categories,and then design different types of procurement strategy for each one category.Then carry out by different methods of purchasing to achieve the delivery efficiency and the purpose of inventory control.Finally,compared the data of Key suppliers on time delivery,inventory turnover and order delivery of A company before and after the optimization of procurement strategy,the optimization effect of procurement strategy has achieved initial result.In the future,it would be continually carried out to help A company to improve the competitiveness in the market.
Keywords/Search Tags:multi-varieties and small batch, material classify, purchasing strategy, Inventory Turnover
PDF Full Text Request
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