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The Study On Inventory Optimization For A Company

Posted on:2012-05-29Degree:MasterType:Thesis
Country:ChinaCandidate:H LuFull Text:PDF
GTID:2219330371952427Subject:Logistics Engineering
Abstract/Summary:PDF Full Text Request
With the development of technology especially information technology, the enterprises could take more advantage from supply chain management. On the condition of economy globalization, A company begins to take consideration of company's inventory control, for good inventory control leads to the cost cut and the service improvement. A company is one of leading hotel equipment manufacturers, and it is specialized in red wine cabinet. For the intense competition and strict terms on delivery, A company is holding high level inventory to keep high service level. It results in the disorder of material management and high inventory cost, which directly lowers the performance of company.This paper firstly addresses the problems existing in the inventory management of A company and analyzes why these problems are taking place.Secondly settlements based on inventory control technology and models are furthered and then tested by datas collected from A company.How the performance is improved is followed as the forth part of this paper, from it we can tell that inventory optimization does aid to improve A company performance especially in cost control.At the end of this paper conclusions is drawn to illustrate the success experience of this paper, that is inventory optimization is a good way to improve the performance of the small business like A company.
Keywords/Search Tags:inventory control, supply chain, performance index
PDF Full Text Request
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