Research On The Improvement Of A Chemical Company's Inventory Management

In recent years,A chemical company has been affected by the macro-economy,the operating situation has been deteriorating,the operating income has been greatly reduced,and the inventory has been seriously overstocked,expired,and low turnover rate.In this paper,A chemical enterprise in chemical industry is selected as the research object,and according to the order of asking questions—analyzing the reasons—proposing the ideas of improvement Suggestions,and the inventory management is studied.This paper starts with the theory and summarizes the research results of the inventory management by scholars at home and abroad,and elaborates the relevant concepts,so as to realize the purpose of the knowledge reserve before the thesis writing.Based on the data obtained and the current situation of inventory and inventory management grasped during the internship,analyzing the problems in inventory management and the causes of the problems.Finally,specific optimization measures are put forward:bringing in ABC inventory management method,and attaching great importance to the management of enterprise's important inventory;Because of A chemical company's inventory is mainly concentrated in raw materials,it is necessary to improve its inventory purchasing business to reduce the cost of inventory management.Improving inventory storage and inventory process,and strengthening risk management control of inventory expiration;Strengthening the awareness of inventory management,especially for the management,to ensure the smooth implementation of the inventory management improvement plan.Inventory throughout the whole production and operation,adequate inventory can guarantee enterprise's production and operation activities,but overstock will lead to the capital turnover risk,therefore,inventory management is an important indicator of the operating costs for an enterprise,a reasonable and effective inventory management system is very important for an enterprise's business.The inventory of chemical enterprises accounts for a high proportion of assets,which is more difficult to manage and more important to study.