Research On Internal Control Of Tianhe Automobile Company's Inventory

In recent years,the competition in the automotive industry has become increasingly fierce.Under the changing industry situation,traditional car companies need to make corresponding adjustments while maintaining production capacity,reducing operating costs in all aspects and strengthening their operational capabilities.At present,many domestic enterprises are paying more attention to the control of production areas,while asset control is relatively weak.In terms of inventory control,it also focuses on the control of production materials and finished products,and the maintenance of spare parts,which is used to ensure the normal operation of machinery and equipment,has been weakened.The problems leading to such inventory in preexisting control,in-process control and post-event control are more serious,resulting in corresponding risks,waste of funds and loss of assets,reflecting the lack of internal control related to enterprises.In the face of rapid internal expansion and fierce external competition,Tianhe Motor Corporation urgently needs to tap the potential of cost reduction from various aspects.The most important aspect is to manage the inventory of the company.In management,management is the sum of a series of activities in which the company plans,organizes,directs,coordinates,and controls the corresponding economic activities.The control basically covers the activities taken to ensure that the implementation is consistent with the plan,so this paper studies the internal control of inventory.This paper takes the internal control of Tianhe Automobile Company's inventory as the research object,mainly using case analysis method,interview research method and literature analysis method.Based on the actual situation of Tianhe Automobile Company,the status quo of inventory internal control with maintenance spare parts as the main object was analyzed and analyzed.The case analysis method and interview research method were used to find out the control and purchase control of Tianhe Automobile Co.,Ltd.before purchase.There are problems with control and so on.On this basis,the literature analysis method is used to analyze the results of the research on the internal control of inventory by experts and scholars.At the same time,the five elements of internal control are used to analyze the internal control problems of inventory and find out the main causes of these problems.The main reasons for the above problems are that the risk management mechanism needs to be strengthened,the control activities are not implemented well,the information and communication are not smooth,and internal supervision is not in place.In order to protect the healthy and orderly development of enterprises,avoid various risks,and at the same time improve efficiency and reduce costs,this paper points out the reasons for the formation of the problem,combined with the actual situation of the company,and has obtained some suggestions for optimizing the internal control of inventory: First,Tianhe Company It is necessary to improve the risk management mechanism,build a risk identification and evaluation system,and control key risk points,increase control over maintenance spare parts with low inventory funds,and strengthen risk identification and control in the procurement,storage and use of such inventory.Second,Tianhe needs to improve its control activities.First,it issues a system of overall planning from the key control points of inventory,clarifying the separation of duties,authorizing and approving the ex-post control requirements of the river,and then optimizing the procurement by combining control measures other than the company's situation optimization procedures.Plan and clarify cross-departmental responsibilities;Third,Tianhe needs to optimize information and communication mechanisms to achieve transparent process of demand,procurement,transportation and payment,improve system integration,information sharing and business synergy,and provide a communication platform that keeps pace with the times.Support;fourth is Tianhe Company To strengthen internal oversight of the enterprise,to form a closedloop corrective supervision separation oversight functions,while strengthening relevant training Publicizing enhance staff self-monitoring capacity,building efficient compliance and savings business environment,help the smooth realization of corporate objectives.