Research On Inventory Management Of A Company Based On Supply Chain

With the economic globalization, the market competition is increasingly fierce. And theenterprises must have the ability to respond quickly to customer needs so that they canestablish their core competitiveness and have a chance to survive. Under the background, theidea of supply chain management is getting better development and application. And the stockmanagement in Supply chain, as a key link in it, its effectiveness can minimize the costgreatly. A reasonable inventory and replenishment mode, which is the main part of the moderninventory management system, can be a basis to the operational decision made by theenterprises. Speaking of the enterprise, the effective inventory management method, whichcan effectively improve the economic efficiency of enterprises, has very realistic significance.It is inevitable that the Enterprises should have some inventory during the regularprocess of production and marketing. Some companies may keep less inventory, although thiscan reduce the occupied proportion of enterprises for liquidity, but will cause the waste ofproductivity and can not meet the needs of customers. While Somemay hold more inventory, although this can improve service, but the increase ofenterprise inventory management costs and capital backlog would cause the capital sluggishand capital turnover rate decrease. Therefore, how to maintain a reasonable inventory leveland carry out the inventory management to enhance profitability and competitiveness ofenterprises, become the core of attention of many enterprises.This paper summarizes the development process of the inventory managementtheory research status and inventory management method, analyzes the method andimplementation steps of inventory management under supply chain environment. On thisbasis, combining the actual situation of A company, the qualitative and quantitative analysis ofthe inventory status of A company is carried out, the existing problems and the causes ofinventory management of A company is summarized, the inventory management method isoptimized through ABC classification management system, inventory is controlled by use ofthe Economic Order Quantity model (EOQ), the prediction method of inventory is improved with the application of collaborative supply chain, and Collaborative PlanningForecasting and Replenishment inventory (CPFR). But considering the long cycle of thecompany’s procurement and its position in the supply chain, it is therefore merged withother supply chain problem and solved by using the SCOR model and Vendor ManagedInventory (VMI). Finally, the optimization measures are analyzed and tackled from theaspect of practical problems and risk.