BL Gas Station Convenience Inventory Management Research

With the continuous development of the domestic economy, the size of the citiesexpanding and increasingly competitive retail market, convenience store this format inthe country is developing rapidly, especially in gas station convenience stores in recentyears, the emergence of new convenience stores morphology. The rapid development ofgas station convenience stores, increasing number of product varieties. The uncertaintyof the supply-demand phenomenon of supply and demand imbalance in the conveniencestore. The recurring shortage coexist of a serious backlog of inventory and product. Adecline in operating costs resulting rise in operating profit. Serious inventory problemshave constrained the development of a convenience store. How to improve profitmargins through efficient inventory management balance supply and demand, andenhance core competitiveness, the convenience store industry, particularly the the thefledgling gas station convenience store industry issues need to be solved.Chengdu BL gas station convenience store inventory management for the study.First analysis of the status of the BL gas station convenience store inventorymanagement.Through the analysis of the status quo, that the uncertainty of supply anddemand, the lack of scientific inventory management, lack of supply chain collaborationmanagement thinking is the inventory cost of the convenience store, according to highand serious backlog of inventory, stock with highreasons.. For the convenience storeinventory management extensive problem of the lack of scientific management methods,use ABC classification method to classify the existing sales of goods, then theintroduction of the EOQ model application to go to the product order prediction ofeconomic quantities. Determine the amount of safety stock of goods based on the safetystock. These inventory management improvements through the use of the results ofthese scientific quantitative analysis of the data, indicating how to reduce the inventorycost of the BL gas station convenience store. Finally, we propose a vendor managedinventory strategy, to to that BL gas station convenience stores can be added to thecooperation with suppliers in order to reduce supply uncertainty better achieve the goal of reducing inventory costs.The results of this study, not only to raise the level of the BL gas stationconvenience store inventory management, reduce the cost of the convenience store’sinventory, as well as to improve the response speed of their supply chain, to improve thecapital turnover rate of the BL gas station, the rate of return as well as enhance the BLgas station convenience shop the competition in the market has some effect, it belong tothe same operation and management of the company’s other gas station conveniencestore gas station convenience stores and BL also has important reference value.