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The Research On DF Company Raw Materials Inventory Management

Posted on:2018-09-19Degree:MasterType:Thesis
Country:ChinaCandidate:X F LiangFull Text:PDF
GTID:2382330596462300Subject:Engineering
Abstract/Summary:PDF Full Text Request
Any enterprise is more or less inventory.Even though Toyota,known as the "zero inventory",in essence is to realize precise inventory plan,rather than something are not stored.For any enterprise,the stock is not good,if too much inventory is to take up the excessive liquidity of the enterprise,lead to enterprise working capital turnover difficult,the problem such as operating costs;But the inventory is necessary,if the inventory is too small may appear out of stock,results in the stagnation of enterprise production or customer complaints and other issues.Therefore,in the protection of production under the premise of continuous supply and meet customer expectations,keep inventory in a economic and reasonable level,is the key to the modern enterprise inventory management.DF company is a nuclear power equipment manufacturer,from nuclear security considerations,used in nuclear power equipment manufacturing in all kinds of materials in the design,raw materials procurement,manufacturing process has strict quality assurance requirements,to ensure that nuclear facilities within the prescribed operation cycle is not quality problem.With the national nuclear power technology improvements and upgrades,companies increasingly wide range of raw materials,raw materials inventory is high,high inventory has occupied much of the company's liquidity,also seriously affected the profitability of the company.In this paper,by analyzing the management status of DF company the current inventory of raw materials,parse order mode of raw materials,raw material lead time of supply,demand forecasting,etc.The influence of various factors on the raw material inventory.Use pull inventory management strategies,ABC inventory control,economic order quantity EOQ modernization theory in combination with the practical situation of the company,put forward the optimization scheme of inventory management.Through the implementation of the optimization scheme,the inventory cycle and average inventory of raw materials are effectively reduced,the matching of raw materials is improved,and the inventory cost is reduced under the premise of ensuring the orderly production and operation.
Keywords/Search Tags:Inventory management, Raw materials inventory, Activity Based Classification, Economic Order Quantity
PDF Full Text Request
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