Font Size: a A A

Inventory Control And Optimization Of Finished Good In A Company

Posted on:2015-03-22Degree:MasterType:Thesis
Country:ChinaCandidate:J MoFull Text:PDF
GTID:2269330428498517Subject:Business administration
Abstract/Summary:PDF Full Text Request
In the current global economic environment, the competition between differententerprises is not only just the pure competition on quality and price and performance ofproduct itself, the competition has involved to the supply chain and logistics. It brings theopposites to enterprises: Inventory management level and Customer satisfaction level. Inorder to improve customer satisfaction level, we have to establish higher inventory level;while on the other hand, to reduce inventory level will result in lower customersatisfaction.The paper studies the current situation of finished goods inventory management in Acompany, using the inventory management theory and doing the systematic analysis fromthe external environment pressures and factors and the internal business process andoperation status to understand A company performance objectives and weakness, basicallyit can be found that logistics cost and logistics service are some significant to thecompetition for enterprises. Therefore, how to optimize the logistics operation to reducethe cost and improve the service become necessary. On the basis of analysis, raisedimprovements–1.Treat differently to internal customer orders and external customerorders, e.g. pre-booking space according to routing guide;2. Optimize functionaldepartments (warehouse centralization and integration);3. Reform and improvement ofoperation processes;4.SAP order entry system change;5.Packing standardization, try toexplore the way to build up the cost-effective and inventory management improvement andfast-response logistics operation and service, to enhance A company’s competitiveness inthe market. Finally, summarizing the conclusion of studies.
Keywords/Search Tags:Finished goods Inventory, Warehouse Management, Optimization
PDF Full Text Request
Related items