Case Study On Inventory Management Improvement Of XY Company

As the continuous development of economic and technological advancements, the competition result between enterprises is being decided by more and more aspects, including quality, delivery, cost, and so on. So, inventory control, as an important factor on cost control, is getting more and more enterprises'attention. Enterprises, impacted by the enormous pressure of the external environment as well as the increased uncertainty of market demand, is requiring the lowest possible inventory on the ever-changing market demands and the rapidest respond to customers.This essay is the kind of case study, which sets the inventory management optimization study of XY Company as the research subject. The writer of this essay, as a participant, has gone with the difficulty of the inventory management of XY Company. The inventory management of XY Company was facing more and more challenge after the global economy began to recover in 2010. The questions which are always in my mind are:1) what makes the inventory management of XY Company so difficult? 2) Where is the breakthrough point to change this inventory management situation? 3) From the viewpoint of the inside of XY Company, how do we optimize the inventory management? 4) From the viewpoint of the outside of XY Company, how do we optimize the inventory management? This essay is expected to retell the scene through the case introduction and help us find the answers to these questions.This essay can be divided into two parts:case part and analysis part. The case part is about the scene that XY Company faced the dilemma on inventory management and later the management team found some ways to optimize the inventory management. In the analysis part, the essay uses the knowledge of tradition inventory management theory and sales forecast theory to analyze the inventory management optimization measures from the viewpoint of the inside of XY Company. Meanwhile, from the viewpoint of the outside of XY Company, it analyzes the inventory management optimization measures by employing the supply chain inventory management theory.