Research On Inventory Cost Management Of Company Z

Inventory is an indispensable part of any company,especially the production company,inventory is the necessary material in its inventory.Inventory runs through the company's production,operation,sales and other links.The management level of any link will affect the value of the company's inventory cost,and then indirectly affect the company's capital turnover rate,inventory turnover rate,cash turnover rate and other financial indicators.Therefore,a company's inventory cost management level will affect the company's operating level,inventory cost management is an important part of the company can not be ignored.In recent years,with the reform of our government's policies on small and medium-sized companies,the small and medium-sized companies in our country have grown up like "mushrooming".In the whole wave of economic development,they have made great contributions,which can not be ignored as the "mass" force.However,there are more or less certain problems in the development process of many small and medium-sized companies,such as capital management,inventory cost management and so on.Z company is one of many small and medium-sized companies,which is a cosmetics manufacturing and production company.It has gradually changed from the initial micro business model to a limited liability company.In the process of transformation,due to the lack of relevant management experience and the support of professional inventory management theory,there are serious problems in the process of inventory purchase,inventory warehousing and cost accounting.Taking Z Company as an example,this paper analyzes several important problems in inventory cost management of Z company one by one.Secondly,it studies various theories related to inventory cost management,and extracts the basic theoretical point of view needed in this paper.Then according to the current situation of Z company,combined with the economic batch order model,supplier management and other related theories,and according to these important issues,put forward relevant practical suggestions.At last,I hope that this paper can solve the corresponding problems according to the actual situation of Z company,in order to improve the level of inventory cost management and reduce the inventory cost.