The Analysis Of Inventory Management Based On Supply Chain In Changhe Motor Company

Since China formally joined the WTO on December 11,2001,the automobile industry has made a series of remarkable achievements,from one of the most worrying industries at the beginning of China’s entry into the WTO to now one of the most exciting industries,with the production and sales ranking first in the world for three consecutive years.From the perspective of the overall development of the automobile industry,a large part of the total product cost is the purchase cost of parts.Supply chain management,as the focus of all sectors of society,is also the direction of the company’s management and development in the future.Especially in the automobile industry with wide industry scope,long supply chain,strong uncertainty and complex environment change,it will play a decisive role.This paper analyzes the current situation of China’s automobile supply chain and points out that the main factor affecting the efficiency of automobile supply chain is to seek short-term interests.Therefore,the lack of overall maintenance of the ability of chain enterprises,enterprise management level is uneven,information asymmetry.It has even greatly weakened the competitiveness of core automobile manufacturers in the financing market to improve their quick thinking ability and customer satisfaction.Because inventory is an important part of supply chain management.Therefore,part of the automotive industry’s Thus part of the automotive industry’s supply chain partners must be flexible to minimize the uncertainty in the production process,thus maintaining a balance between meeting demand and controlling costs.On the basis of reviewing and analyzing the related literature of supply chain management and inventory management at home and abroad,this paper firstly defines the concept of inventory management in the supply chain environment,which is different from the traditional inventory management method.Inventory management based on supply chain has the following two characteristics: first,it needs to attach importance to the overall benefit of supply chain;second,cooperative enterprises need a high degree of trust.Then the paper lists three existing methods of inventory management in supply chain and explains their advantages and disadvantages.Finally,supply chain inventory management theory,inventory management theory,supply chain flexibility theory,laid the theoretical foundation of supply chain inventory management.This paper introduces the basic situation,operation and financial situation of changhe automobile company.By comparing the production and sales data in 2017 and2018,it summarizes the specific measures of changhe automobile company in the supply chain inventory management.Trust relationship and trust mechanism can promote the cooperation between companies in the automobile industry.Companies can ensure the timeliness,accuracy and comprehensiveness of various information sources and control the first-hand information of the whole supply chain and each link of the company.Formulate relevant flexible contracts,and manage the risk status of the contracts in stages according to the differences of each link of the supply chain in the automobile industry;According to the different types of cooperation,choose the contract model suitable for their own development.Constantly narrowing the differences between the corporate culture,information and cognition of the nodal companies in each link of supply chain management,so that each company’s small goals serve the overall goal of the supply chain.This paper makes full use of the methods of inductive deduction,comparative study and case analysis.Beiqi changhe automobile co.,ltd.is selected as the target for discussion.As a newly restructured automobile company,changhe automobile company has strict requirements on supply chain agility and demand forecasting,which is representative in the industry.This paper analyzes the current situation of inventory management based on the supply chain of changhe automobile company,sorts out the whole process of inventory cycle in the supply chain,and lays a solid foundation for finding problems and analyzing reasons.This paper mainly focuses on the inventory management mode of changhe automobile company based on supply chain and finds four problems: the inventory management system lacks integrity,and the management concept needs to be changed;One-sided pursuit of short-term self-interest maximization;The large amount of product capital leads to the high liquidity risk and the low information system transmission efficiency leads to the low inventory turnover.The above four problems are mainly caused by insufficient raw material procurement cost control ability.The two-way controlled market position limits the market activity;Information system construction can not meet the current development demand and the invalid game of each link of the supply chain.Then,the paper introduces the background on the implementation of the same industry leading company of Toyota’s supply chain management,through understanding their understanding of zero inventory management,positioning and risk analysis,in-depth Toyota achieved zero inventory management conditions,methods and ways,and changhe automobile management patterns one by one,cause thinking,provides a realistic guidance for the development of automobile industry in our country.Through the relevant experience and practice of changhe automobile co.,LTD.Put forward in the previous section,the author points out the shortcomings that still exist.The corresponding Suggestions for improvement of supply chain management,inventory management and internal management are put forward.First,the construction of information technology platform should be strengthened to equalize production,shorten production cycle,shorten operation switching time,increase batch number of processing,change the old way of thinking and establish the overall thought.Second,strengthen the level of prediction and analysis,streamline the supply chain structure;Third,the construction of professional talent team and fair and reasonable performance evaluation system.