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Research On Inventory Optimization Management Of K Auto Parts Enterprises

Posted on:2021-01-19Degree:MasterType:Thesis
Country:ChinaCandidate:X HanFull Text:PDF
GTID:2392330620471310Subject:Business Administration
Abstract/Summary:PDF Full Text Request
Under the influence of the global economic situation,the automobile industry suffered a severe winter in 2018,and the automobile market experienced negative growth that had not been encountered for many years.As the domestic automobile production and sales scale has reached a high base,the low growth rate of the industry will be normal in the next few years.At the same time,auto companies generally require their sub-suppliers to reduce their annual costs,leading to lower profits for downstream suppliers.On the other hand,due to the rise of new energy vehicles and shared cars,market competition will become more intense and the development of fuel vehicles Was hit.In the face of declining profits and sales,auto parts companies are under tremendous pressure.In the face of such a grim situation,Company K had to adjust its own inventory to obtain more liquid funds for turnover to improve the company.profit.This article first focuses on the related theories of inventory and inventory management as a foundation,and organizes and introduces the related methods of inventory management and inventory control.Taking K Company as the research object,it puts forward its problems in inventory management and control,and combines the theoretical results of previous scholars' research on inventory management to carry out application-oriented improvement research on the daily operations of this enterprise under high inventory costs.First,the article sets goals for K's inventory management,and then introduces the main problems of K's company,which is that the company's understanding of the SAP system is not comprehensive enough,which leads to insufficient development and application of many functions that are conducive to improving work efficiency.The method of setting safety stock is too rough,and the definitions of safety stock in different departments are different.The company does not have a unified method of setting and managing safety stock,which is not conducive to reducing the inventory level.Third,it is comprehensive for customer demand forecasting.Accept and then arrange the production plan and order plan in the factory directly.In this way,it is impossible to control the sudden changes in customer orders,which will directly lead to excessive orders and production quantities and lead to uncontrolled inventory.Fourth,regarding the enterprise's Order formulation strategy.The author puts forward issues such as the order cycle,minimum order quantity,and procurement lead time that have the greatest impact on inventory in order management.Fifth,it is the management of the warehouse.The warehouse is the beginning of inventory.Strict operating procedures are conducive to the company's more accurate inventory Control of.From the above points,the author combined the past industry experience and the current advanced inventory management methods of various companies to conduct in-depth research and put forward several optimization suggestions suitable for the company.By making full use of the SAP system,some original calculation and management methods used by the company can be improved and work efficiency can be improved.At the same time,optimize the company's internal inventory management model and management methods.For example,optimize the method of setting the company's internal safety stock days,optimize the specific implementation method of converting customer forecasts into in-plant production,optimize order release rules and warehouse management processes,and provide an operational solution for the company's subsequent inventory cost improvement.Finally,it summarizes and puts forward some optimization measures through processes,information communication,construction and training of personnel,and system,technology,and funding,so that the optimization can show better results,and summarizes and analyzes the research results of this article,Points out the deficiencies and limitations of the research results.This article hopes to use K's inventory management case to investigate and fill in gaps for other companies that have the same problems in the inventory management process,and hope to provide some companies with some support and reference for the optimization of future inventory management processes.
Keywords/Search Tags:K Auto Parts Enterprises, Inventory Management, Optimization Management
PDF Full Text Request
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