The Optimization Study On Inventory Control Of XD Aluminium Company

With the rapid development of global economic integration and the trend of the post-financial crisis era,the competition is getting more serious between manufacturing companies,in the face of various problems such as diversification of customer needs,continuous iteration of product types,and shortened product delivery.In order to survive and continue to grow,companies must be able to cope with unpredictable markets.So as to achieve the goal of rapid response to the market,companies will consider producing a certain amount of inventory,which plays a decisive role in the normal operation and management of the company.Inventory is a part of corporate assets.It not only directly affects the turnover of corporate liquidity,but the necessary guarantee for improving customer satisfaction.Efficient inventory management aims to control a certain reasonable inventory level through reasonable and effective measures,improve the supply chain response capability of the companies,and promote the improvement and coordination of the entire production and circulation operations of the companies,so that minimizing the cost of the companies and maximizing customer satisfaction.To greatly improve the profit margin of companies and enhance the competitiveness of companies,which is conducive to the rapid development of China's manufacturing and gain competitive advantage in the international market.The thesis takes XD Aluminium Company as the research object,and analyzes the current situation of XD Aluminium Company's raw material inventory control through interviews,and comprehensively with the combination of literature review method,data analysis and other related research methods to XD aluminum industry.Based on the relevant theories of inventory management and supply chain management,the thesis comes up with the inventory management and optimization strategy that meets the needs of XD Aluminium Company indeed,and is committed to improving the supply chain management level of XD Aluminium Company.More effective use of the company's limited liquidity,revitalizing the company's material flow,cash flow and information flow,so that the company has a benign production and operations,ultimately improving the company's competitiveness.Based on the research of supply chain management,the inventory control in this paper starts with the most basic warehouse management and enterprise information-oriented management,constructs a model for the classification of raw materials for recycled aluminum casting and processing enterprises.Then according to the different types of materials of recycled aluminum casting and processing enterprises,targeted implementation of JIT and VMI supplier inventory control strategy is its core innovation value,which can provide a certain degree of reference for inventory control of aluminum casting processing enterprises in China,and has strong practical application value.At the same time,it also provides some reference value for the inventory control and improvement of many privately owned recycled aluminum processing and manufacturing enterprises in China.