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Research On Problems Of Inventory Management In The Z Company And Their Solutions

Posted on:2017-04-14Degree:MasterType:Thesis
Country:ChinaCandidate:X F HeFull Text:PDF
GTID:2359330515481443Subject:Business Administration
Abstract/Summary:PDF Full Text Request
With the increase of aging population,the pharmaceutical industry has become particularly important.As the development of the pharmaceutical industry is related to social stability and people's health,how to develop the medical industry has been an important concern of the national development and reform in recent years.Pharmaceutical distribution companies,as a sector of the pharmaceutical industry,which earn a little price differences while transferring medicine from upstream to downstream units,have only limited space of value added.It has been the primary task of drug distribution enterprises to keep their leading position in their industry and create more social value in the process of their development.This year,the State Council has explicitly proposed to encourage the two-invoice system and has carried out pilot work in quite a number of provinces in China.In this context,facing the new reform.the medicine circulation enterprises should explore innovative ways suited to the direction of national development and enterprise development,realize role conversion,and stride toward the goal of high efficiency,high quality and high service level.However,in terms of the current state of development of the industry as a whole,the factors hindering the healthy operation of enterprises still exist.Among them,the uneven level of inventory management is a problem worthy of attention.Although most of the enterprises have been striving for logistics value-added mode and intensive supply chain,their inventory management methods are still too monotonous and conservative,seriously restricting the development of enterprises.In view of wide varieties and particularity of medicine,corresponding inventory management methods should also be diversified;however,the present inventory management methods of most enterprises are only suitable for conventional medicine management,and no inventory management methods that can meet the actual needs of enterprise business are put forward from the perspective of product diversification.Therefore,it is the historic mission confronting all medicine circulation enterprises to solve.with a definite object in view,the problems of inventory management on the premise of taking sufficiently the enterprises' own operation characteristics into consideration,so as to improve their inventory management level and always remain in an invincible position in the tide of development.This paper is aimed at the problems of the inventory of pharmaceutical companies and puts forward the strategy of solution.On the basis of analyzing the theoretical knowledge related to inventory management,it explores the possible solutions with the Z Company as a practical case.By in-depth understanding and investigation of the Z Company,it provides a comprehensive analysis of the current state,the existing problems and their reasons of the inventory management of the Z Company,and,on this basis,taking the Z Company's inventory management objectives into consideration,proposes,from an entirely new perspective.some solutions of the inventory problems of the Z Company through choosing inventory management schemes fit for enterprise development.The paper ends with the conclusion and prospect.
Keywords/Search Tags:Inventory management, Economic order quantity, Jointly managed inventory
PDF Full Text Request
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