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Daqing Huake Co., Ltd. Inventory Management Program Design

Posted on:2019-05-04Degree:MasterType:Thesis
Country:ChinaCandidate:D KangFull Text:PDF
GTID:2359330542955679Subject:Accounting
Abstract/Summary:PDF Full Text Request
Under the background of low international raw material price and strong demand,the profit of petrochemical industry increases steadily.Meanwhile,the development strategy of "Belt and Road" in our country also broadens the market for petrochemical industry.The production of petrochemical enterprises is balanced.Each other is upstream and downstream of the industrial chain.Inventory accounts for a large proportion of the cost.In addition,the state-owned enterprises are affected by historical planning materials,so high inventory has become a common problem for petrochemical enterprises.High costs lead to waste of resources and lower profits.In 2017,the Petrochemical Federation issued the "six Action plans for Green Development of China's Petroleum and Chemical Industry",proposing that the whole industry should take promoting supply-side structural reform as the main line to speed up the elimination of backwardness.Capacity,strive to achieve the entire industry transformation and upgrading.In addition to industrial innovation and transformation,how to achieve production capacity,inventory,strengthen the standardized management of inventory,avoid waste of resources,reduce unnecessary costs are the content that petrochemical enterprises need to learn constantly.This research takes Daqing Huake Co.,Ltd.,a petrochemical enterprise,as the research object,and carries on the comprehensive analysis and the thorough research to the inventory purchase,the custody and the issue.The main purpose of this paper is to make Daqing Huake pay more attention to inventory management in operation and management,to apply targeted improvement mechanism and measures,to standardize inventory management,and to help enterprises to improve the deficiencies of inventory management.In addition,I hope to provide some reference for petrochemical enterprises inventory management,but also for other industries.First of all,this paper analyzes the relationship between Daqing Huake inventory management and enterprise operation,as well as the improvement of inventory management methods and processes.The importance of Secondly,the connotation and characteristics of inventory management,supply chain management theory,inventory management methods and other related theories and methods are combed.At the same time,through consulting domestic and foreign literature,to understand the current domestic and foreign scholars on inventory management research.Thirdly,according to the relevant information and data,this paper studies the current inventory management situation of Daqing Huake,and analyzes the data combining with the relevant theory,in order to find out the concrete problems in inventory management and analyze its causes.Then to solve the existing problems,design the inventory in the procurement,custody and issuance of these links.The economic order batch model is used in the stock purchasing link,which is not allowed to be out of stock.Under the premise of calculating the best order quantity and determining the best purchase time,the management of suppliers should be improved by using the thought of supply chain for reference,and the inventory in warehousing should be classified by ABC classification method.Establish information sharing mechanism in stock issuing link,strengthen the effective management of Daqing Huake stock.At the same time,put forward the measures to ensure the effective implementation of the program.Finally,Daqing Huake can reduce the cost of inventory management by implementing the designed inventory management scheme,changing the purchasing method,reducing the unnecessary storage cost of enterprises and improving the management of suppliers.In stock insurance By adopting the ABC management method to manage the materials in stock scientifically to reduce the loss of inventory caused by the non standard management,it can improve the economic benefit and management efficiency and reduce the cost to a certain extent.In the link of inventory,the management efficiency is improved by raising the level of inventory management and the improvement of management efficiency.It also helps Daqing Huake.The Department will increase production efficiency and increase economic efficiency.
Keywords/Search Tags:Inventory management, Conceptual design, Daqing Huake
PDF Full Text Request
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