| Enterprises in the modern market economywhich are playing an increasinglyimportant role.For an enterprise, from the ability to directly affect the operations of theenterprise as a whole the size of the contribution to modern society capacity, operationalcapability. Among the various operational indicators, and inventory turnover is animportant one. Reduce inventory storage space for occupancy while reducing inventorycosts and inventory control of funds and resources to help companies accelerate theirgold turnover. Problems arising from excessive inventory include: warehouse space andinventory storage costs continue to increase, while improving product cost; inventorytaking up a lot of liquidity, not only increased the payment of interest and may affect thevalue of money and the opportunity to gain time; inventory will resulting in finishedgoods and raw materials, tangible and intangible losses caused by a large number of idlecorporate resources, hindering their rational allocation and optimization. September2011, reports the Wall Street investment bank Goldman Sachs announced that, due to theslowdown in demand, overcapacity and homogeneous products industry competition,China ’s sporting goods industry will enter a long-term downward cycle. In the sportschannels at the same time a large backlog of inventory become a heavy burden. China ’ssporting goods industry in the winter, including Nike, including sales data on thedecline, while its stock market problems are more serious. Nike this year to open40to50stores in the Greater China Direct factory to quickly resolve the stock market. Inventory management is an important aspect of business operations necessary for theproduction, storage and management that it is not in the traditional sense, it isconnecting with the production and sales, but also affect the flow of corporate financefunds. Inventory management will result in unreasonable clothing inventory backlog ofgoods carried out simultaneously arrest marketing, reducing the capital turnover rate, andthe surface tension of enterprise fund, thus increasing the operational risks. Inventorymanagement of broad interest because of its relationship to the development of theenterprise long-term problems. Fast fashion apparel products relative to other productswith some particularity, its iconic products for the fast fashion supply chain managementis difficult, fast-fashion apparel products is one of the most typical short product lifecycles, the original short against non-basis of life-cycle management of products basedon the development of targeted management strategies are all involved in the fast fashionindustry consensus enterprises. |
