Company B Concrete Admixtures Demand Forecasting And Inventory Control

The competition among the companies is not limited to sourcing low-cost raw material, and the competition trend becomes supply chain competition in modern economy. With more and more developed technologies in manufacturing and products, the competition between concrete admixture companies also turns to supply chain competition, mainly in demand forecast and inventory control.Company B has been in Chinese market from 1987, set up 8 production sites in different location already and still continuing. It is quite meaningful to company B to study the demand forecast and inventory control of concrete admixture, which is related to the improvement of demand forecast and inventory control in Shanghai site of company B, but also related to the competition competency for coming new production sites. Based on the analysis for current status of demand forecast and inventory control in company B, this paper remarks the proposals on demand forecast and inventory control according to concrete admixture market and provides the inventory control optimization needs in supply chain integration. With the integration of supply chain management theory and actual demands in concrete admixture market, the paper suggests the improved strategies on demand forecast and inventory control for company B to participate market competition in an effective way.