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Research On The Inventory Management Of AD Pharmaceutical Company

Posted on:2021-01-14Degree:MasterType:Thesis
Country:ChinaCandidate:H R JiangFull Text:PDF
GTID:2439330620471270Subject:Accounting
Abstract/Summary:PDF Full Text Request
The scale of the world pharmaceutical market is expanding steadily,and the pharmaceutical industry is also regarded as a sunrise industry.China's pharmaceutical industry is also showing a thriving development trend.With the rapid development of China's economy,the living standard of residents has steadily improved,the medical security system has become more and more perfect,and the aging population has become a new focus.In the process of actively promoting the new medical reform,the pharmaceutical market will also change dramatically,on the one hand,the growth rate tends to slow,on the other hand,the competition is becoming more and more fierce.The main products in the pharmaceutical manufacturing industry are pharmaceuticals,however,our country has set up extremely strict in the production,storage and transportation of pharmaceuticals standard,so the cost of inventory management in China's pharmaceutical manufacturing industry remains high,and its inventory management cost accounts for more than 30% of the total cost.This shows that the pharmaceutical manufacturing industry inventory management is particularly important.The research object of this paper is AD pharmaceutical companies,whose inventory turnover is much lower than the average of industry inventory turnover,and the problem of inventory hoarding is obvious,so it will have a negative impact on the overall operation and development of the company.For this reason,the paper analyzes and studies the problems specific to AD company's inventory,from the aspects of purchasing inventory,acceptance of inventory,storage aspects,issue inventory links to This paper points out the problems of inventory management in these five aspects,and analyzes the reasons for these five aspects,and puts forward appropriate and concrete optimization measures.In the process of purchasing inventory,we can take measures such as performance appraisal,establishing hierarchical management system,perfecting contract management and authorization approval system,strengthening supply chain management to ensure the quality of raw materials purchased is up to standard and the purchasing efficiency is improved.Optimal measures that can be taken in the process of inventory acceptance include strengthening inventory review and ensuring timely storage of finished goods,which can improve the pass rate of inventory and raise the number of students Efficiency.The cost of inventory storage and storage can be reduced by improving the method of inventory storage,perfecting the management system of storage link,perfecting the management of elevated three-dimensional warehouse and optimizing inventory count.In the issue of inventory to strengthen inventory management and third-party logistics management to enhance customersatisfaction.Optimal measures such as improving the inventory quality control system and clearly determining the responsibility for inventory return can reduce product sales returns.Hopefully,the inventory management optimization measures proposed in this paper will improve AD pharmaceutical companies The speed of inventory turnover,the improvement of inventory management,and the improvement of high inventory status are beneficial.
Keywords/Search Tags:Pharmaceutical manufacturing industry, inventory management, optimization measures
PDF Full Text Request
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