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Hqt Women Sandals Quarter Inventory Optimization Studies

Posted on:2012-12-09Degree:MasterType:Thesis
Country:ChinaCandidate:T WuFull Text:PDF
GTID:2219330335998712Subject:Logistics Engineering
Abstract/Summary:PDF Full Text Request
For the characters of Footwear fashion industry is special, more and more companies are tend to purchase in advance to meet the various demand fm market, that is called make to stock(MTS) planning strategy. MTS would bring us more chances for sales, but also, more chances for being out of stock and creating slow moving SKU as well.In order to ensure request of custom, store a number of products is necessary. As far as the managing situation of products inventory in HQT enterprises at present is concerned, enlarging the amount of inventory to recover the lack of producing management and prevent the interruption of supply exists, so reserving over store is quite universal. It will no doubt occupy a large amount of capital and cause waste in manpower and materials. How to realize reasonable inventory becomes a common subject for footwear fashion enterprises to face.Through the absorbing of related research trends and combining the managing mode of footwear in HQT company, this thesis aims at presenting the management of products inventory and its optimization. When it comes to management of inventory, we need to solve two problems:what should be stored and how many should be stored. We should analyze the factors which will influence inventory. HQT company has a great variety in footwear. Category of footwear for stock management is necessary. We should take different purchase and storage strategy on different kinds of products. According to the research on historical rate of consumption, as well as the forecasting method on products consumption, this thesis represents suitable inventory strategy.
Keywords/Search Tags:risk of being in short supply and slow moving, forecast, inventory management, optimization, supply chain
PDF Full Text Request
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