The Strategy Research About Production Planning And Inventory Management In MG Company

Inventory exists in all aspects of the supply chain, from procurement of raw materials to finished products made from inventory and they are inextricably linked. In the daily business operations, meet consumer demand through inventory to make security, while also creating a steady supply of a stable environment for the production, making the production can be completed on time, but also revised demand forecasts are not allowed to supply fluctuations caused, capacity allocation between the seasonal adjustment. However, the inventory will take the company’s resources, but also to business costs rise, and inventory management here is an effective regulator. Production planning management of supply chain management as an important part of one starting point for inventory management direction from the source. Accurate and effective production planning can bring great benefits to the inventory management, reduce the difficulty of inventory management.This paper analyzes the MG company production planning, inventory management and program implementation status quo, analyzes MG company in the process of production planning and inventory management problems that exist. By combining the two parts, is integrally provided suggestions for improvement for MG company.The establishment of the Ministry of Planning is the first step in the process to improve the implementation, by adjusting the planning department structure optimization plan implementation process. Requirement to submit plans to sell the Ministry of Planning to develop production plans based on demand information and inventory. Design Planning Department can optimize information flow between departments, but also to assess the balance department, to resolve conflicts between departments caused due to inventory.On the demand forecast, the former referring to the company MG 3 years of historical data, by comparing the weighted moving average method uses a 3 MG’s forecast demand for its products. Meanwhile, according to the difference between demand forecast and actual demand, using the method to calculate the actual needs of the annual monthly average safety stock targets to set safety stock.On inventory management, you can clear MG company’s inventory management objectives, set around a series of assessment methods inventory management objectives, improve management efficiency. Secondly, through the optimization of business processes, the introduction of three safety stock and the introduction of advanced inventory management ideas, optimize inventory management company MG. Finally, the correct way of production planning, problem solving inventory.