Study On Lean Management Of Inventory In T Power Company

With the deepening of the reform of state-owned enterprises,the degree of marketization of the power industry has been continuously improved.The electricity price for general industrial and commercial uses has fallen several times,so that the profitability of power grid enterprises is greatly challenged.As one of the core links of logistics management,inventory management plays an important role in enterprise production and operation.At the same time,it may take a lot of administrative costs.Improving management efficiency and reducing logistics cost,achieving lean inventory control would be an important way to improve enterprise profitability and service level.Though the analysis of inventories’ amounts,varieties and formation reasons in T electric power company,the paper shows the problems in management ideas and methods.The paper introduces the concept of lean management and puts forward the optimization of inventory management.A more flexible and targeted classification management mechanism for materials with different characteristics is established in this paper.The methods of Vendor Managed Inventory and pull inventory management are applied to enhance information sharing with partners,shorten the lead time of material purchase,reduce inventory backlog and reduce management cost.The safety stock model has been built and calculated by examples to ensure timely and reliable supply of materials and service level.What’s more,the paper shows a way to improve the enterprise management process and form a long-term management mechanism.T company could strengthen inventory control from beginning to end.Improving the performance appraisal system and building inventory health index could clarify the responsibilities of all parties and improve the work enthusiasm.Building up information platform and realizing intelligent control are also important.The paper shows several new ways to improve inventory management status and management level in T company.