Company S Fg Inventory Control Research

In valve industry, it is necessary to maintain the certain amount of inventory, because the supply request for the inventory is quite restrict. We have to face the big conflict between the high demand and cost of inventory. Inventory control had been concerned more and more serious by people. S company inventory is the major aspects occupy more than 40% of the gross sales. For this reason, it is necessary and importance to analysis the inventory and cost. So that can find the solution to lower the costs in inventory management, increasing company profits and competition. If inventory is not well management, it will cause a large amount of the capital be occupied, and excess stock increased, finally influence the competition of company.This article researched S company’s finished goods inventory management. It analyzed S company’s inventory structure firstly. Then it summarized the status of cost percentage, products characteristic, inventory turnover, and excess stock. Proposes that the inventory control’s key target including the product of valves and actuators, spare parts such as spring of safety valve.Though using large of data analysis, it find out above products characteristic and the problem during inventory control process. Proposes a series method to solve and improve the inventory control.This article has high reference value for the inventory management in the valve industry.