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Research On Management Of Material Inventory Management In Henan Dacheng Co. Ltd

Posted on:2007-12-29Degree:MasterType:Thesis
Country:ChinaCandidate:M LiFull Text:PDF
GTID:2189360242962421Subject:Business Administration
Abstract/Summary:PDF Full Text Request
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 cause the sum cost of inventory to be large. Therefore, enhancing the ability of inventory management and service level for its customers, and reducing the storage and the inventory cost is an important target of enterprise inventory management.Firstly, this Thesis analyzes the main problems on inventory management in enterprises in China nowadays, sums up the current study actuality and development tendency on inventory optimization at home and abroad, and then points out the main aims and contents of the article on the base of the study contents. Secondly, based on detailed depiction and analysis of basic inventory optimization theory, including analysis their theories and characteristics and comparing them. Then, based on the view of system, the article analyses in detail the characteristics of enterprise inventory system and its Influence factors, then sets up the ABC analysis model of inventory optimization by using the theory and methods of the system EOQ. Finally The paper gives out some policy advice for the optimization of inventory system.Through the simulation of the enterprise inventory system, the results can not only bring the base of inventory decision-making to enterprise's administrators, but also offer them a new way of thinking and reference.
Keywords/Search Tags:Inventory optimization, ABC Analysis, EOQ
PDF Full Text Request
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