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Liaoning Mobile S Company Inventory Management Strategy And Implementation Based On VOI And VMI Mixed Model

Posted on:2021-09-23Degree:MasterType:Thesis
Country:ChinaCandidate:Q FengFull Text:PDF
GTID:2569306920499744Subject:(professional degree in business administration)
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With the development of science and technology and social progress,the situation of the communications industry has become increasingly complicated.The investment costs of the three domestic telecom operators have increased year by year,but profits have fallen year by year.At the same time,they have to withstand the impact of Internet companies,and competition between the markets has become increasingly fierce.This kind of competition is not only about market share,but also gradually evolves into competition between different supply chains.Low-cost operation and refined management are the fundamentals for telecom companies to survive in the market.Low-cost operation is inseparable from the cost reduction of each link in the supply chain.In the supply chain,inventory cost can account for about half of the entire supply chain cost.Inventory is considered to be one of the two pillars in the supply chain field.Therefore,inventory management is of great significance in supply chain management.Inventory has an important impact on the production and operation of enterprises.It can help companies resist the operational risks caused by various uncertain factors,and can also balance the contradiction between supply and demand.On the other hand,high inventory levels also bring high capital costs and cash flow pressure.How to ensure the actual production and material supply of enterprises,and provide effective inventory management solutions to minimize inventory costs and improve inventory turnover has become an important content that enterprises need to solve urgently.Modern enterprises need to keep pace with the times,consider the various effects of corporate inventory on production and operation from the perspective of the supply chain,introduce advanced inventory management methods,reduce the management cost of the supply chain,and improve the core competitiveness of the supply chain.Vendor-managed inventory(VMI)and vendor-owned inventory(VOI),as two new types of inventory management strategies,have developed very maturely.They have obvious advantages in reducing enterprise inventory and have become a modern enterprise’s vigorous research and practice of inventory.An important method of management.This article takes Liaoning Mobile S Company as the research object,analyzes the current status of Liaoning Mobile S Company’s inventory management,introduces VMI and VOI inventory management models,and integrates the two appropriately.Based on the partnership of benefit information sharing and risk sharing between Liaoning Mobile S Company and suppliers,the research is conducted in terms of demand forecasting methods,material classification,safety stock model automatic replenishment mechanism,settlement payment,etc.Management mode virtual collaboration group,build advanced information system,sign cooperation agreement to ensure the implementation of mixed inventory management mode.It is hoped that by applying the hybrid inventory management model,companies can effectively reduce inventory costs and improve inventory management efficiency.
Keywords/Search Tags:Telecom operators, Supply chain management, Inventory management, Vendor-managed inventory, Vendor-owned inventory
PDF Full Text Request
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