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The Research Of MYN Company's Stock Management

Posted on:2019-04-19Degree:MasterType:Thesis
Country:ChinaCandidate:H W LiFull Text:PDF
GTID:2429330566465415Subject:Business administration
Abstract/Summary:PDF Full Text Request
The inventory management system of our country's enterprises is in a state of continuous improvement,but it still lacks relative innovation in comparison with foreign research theories and practical experience.Therefore,Chinese enterprises should pay attention to the construction of inventory management system,and conduct in-depth research on it to improve the current status of inventory management.MYN is a manufacturing company that mainly manufactures and sells outdoor lighting.In recent years,MYN has faced great market pressure,poor sales,and the profit rate has continued to decline.The company did not establish a scientific and effective inventory management system for inventory management,and storage management has not yet achieved informatization.Under such circumstances,MYN Company urgently needs to improve the efficiency of inventory management and reduce the cost of the company.This topic through the study of MYN's financial reports,related inventory data,specific analysis of the company's inventory management status,found some problems in the company's inventory management,and the use of professional knowledge to analyze these issues,analysis The problems of MYN's inventory management,looking for problems in material procurement,inventory storage and inventory counting,sought to identify the causes of the problems,and accordingly proposed practical suggestions for improving the inventory management level of MYN.This article believes that MYN needs to establish a scientific inventory management and inventory system,use ABC classification method to manage inventory,use supply chain management system to control the company procurement,inbound and outbound,commodity accounting and other processes,set up a reasonable procurement and storage plan for the company's cargo storage.This will enable the company to reduce operating costs in the fierce market competition,improve the efficiency of asset operations,increase the company's competitive advantage,and achieve long-term,stable development of the company.At the same time,the results of this study also have somereference significance for other companies in the same industry to improve the level of inventory management.
Keywords/Search Tags:MYN Company, nventory Management, Storage Management System, Informatization, Internal Control System
PDF Full Text Request
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