Research On Inventory Management Optimization Of Combay Equipment Company

With the rapid development of economy,all industries are facing the challenge of fierce market competition and changeable customer demand.Seeking corporate profit maximization has gradually become the ultimate management goal of enterprise managers.Especially for manufacturing companies,competition is everywhere.Such as customer order lead time is short,raw material purchasing cycle is long,the backlog of inventory,the inventory area is limited,production demand disjointed and other issues.In order to solve these problems,the optimization of inventory management becomes more and more important.For manufacturing,inventory is the fundamental operation of company,It can not only guarantee the production demand,but also realize on time delivery with the lowest cost,thus can satisfying the customers' needs to the greatest extent.Therefore,the optimization of inventory management is now a hot topic.This paper based on the basic concepts of inventory and inventory management,combined with the real data of Combay company,guided by the theory of inventory management,analyzes the two main factors that affect Combay company inventory management,and the two main factors are Inventory control and warehouse management.We can optimize the inventory control and warehouse management under the premise of clear inventory management optimization.Firstly,I explained the current situation of inventory control and the current situation of warehouse management and analyzed and explained the problems of inventory control and warehouse management in this paper.Moreover,in view of the inventory cost is high,the frequent lack of material,etc.,I used the theory of inventory management model,optimized the raw materials and semi-finished products of the Combay company,By adopting ABC classification,the inventory management strategy of different classification materials was determined.Through demand forecasting,determine the future demand of materials.Through the order quantity optimization model,such as quantitative order,regular order,reorder point,economic bulk order and other means,optimize the material order quantity;Through the safe inventory method,determine the optimal inventory of materials.At the same time,based on the existing problems of the process of warehouse management,the process optimization is also carried out.Finally,based on the optimization research based on the theoretical model and the goal setting of the inventory management,the implementation and effect of the optimization scheme are predicted.This paper mainly analyzes the inventory control and warehouse management process of the Combay company,by clarifying the object of inventory management,the method of inventory control and the process of warehouse management,then to reduce the cost of inventory management and improve the purpose of enterprise capital turnover.At the same time,it also raised the awareness and importance of enterprise managers on inventory management.It can also serve as reference and guidance for relevant enterprises,especially small and medium-sized manufacturing industries.