Inventory Management And Improvement Research Of X Based On ERP System

Inventory, is the most effective way to avoid production shut down because of material shortage,the guarantee to satisfy customer’s demand, and provides powerful support for the enterprise marketing activities. However, stock, has its disadvantages, the occupation of company funds, and the impact of cash flow, a sort of inventory cost happens because of inventory, potential loss because of obsolete risk are always the first four key points of why to control inventory. To an enterprise, stock controlling does not means stock reducing, but how to balance its advantages and disadvantages, to keep inventory provide great support for operation and profit. How to use a scientific way to manage demand and forecasting, with the support of ERP system, to keep inventory at a reasonable level, is the main topics of this article. With those ways, X got improvement on DOI, OTD and lead time is also reduced noticeably.