The Research And Application Of The Inventory Management Decision Model

The paper deals with the theoretic research and application issue of the inventory management decision model. And the methods of the design and development in inventory management system are discussed.Inventory assets take up a considerable part of the total assets in many companies. For one thing,if the materials store is too large,it will occupy too much fund and lead to torpidity of turnover fund. On the other hand,if the materials store is too small,it cannot meet the requirement of selling and producing,and will certainly increase purchase frequency or produce batch,thus this will expand the cost of purchase and produce and will reduce the enterprise profit. Therefore,the inventory management plays a major role in a company operation. But many existing software of inventory management of our country still remain the simple level of purchasing,selling and storing,and most of the traditional inventory theories also stay in theoretic research. It is a critical issue that how can we combine modern inventory models with the development's need of the modern companies.After the requirement analysis of the Chengdu Swellfun Marketing Company Limited,a practical modern inventory management decision model has been established on the basis of Swellfun management information system. The model synthesizes the needs of the company's management activities,such as produce,providence,inventory and sale,with optimized control tactics and it also minimizes the inventory cost to ensure the enterprise to get maximum effective profit. Furthermore,a convenient and efficient software system has been developed. Besides having basic functions,for instance,purchasing,selling and storing,the system can automatically generate the produce plan and purchase scheme according to the sale statistics and marketing forecast. And it can provide the information of management and decision support for the managers. Moreover,the system has thefollowing feature:efficient running,high security,convenient utilization,and self-defined authorities,report pattern and searching condition.