The Research Of VMI Model Implementation In A Clothing Company

The garment industry has always been a pillar industry in our country,but also it has the international competitive advantage.The reform and opening up accelerated China's industrialization process,especially after joining the WTO,China's garment industry has experienced rapid development and expansion.But with the advent of economic transition,the global economic slowdown,the international market demand downturn,low cost of our own traditional advantage is weakening,and the high inventory pressure of garment industry is to make some small and medium enterprises on the verge of bankruptcy,inventory has become a problem urgently to be solved.Due to the special nature of the garment industry,the demand of apparel varies widely and its life cycle is very short.The whole apparel supply chain,which covers many rings from making thread to clothing sales,supply chain is long and complicated,So if we want to cut inventories,reduce costs thoroughly,to get advantage in the competition,we must be from the perspective of the whole supply chain,to enhance information sharing and cooperation between each node company in the supply chain,then we can make the demand fluctuation and inventory cost in the supply chain minimum and the profits maximum.In this paper,the author study the application of VMI model in A clothing company.On the basis of clear research background,significance and research objectives,the paper reviews the present situation of the development of vendor managed inventory in the domestic and foreign,then introduces the common methods of inventory management,and compare VMI with the traditional and modern inventory management methods,summarize the advantages of VMI.Then take A clothing company as the research object,through the analysis of its organization development,material purchase and inventory management present situation,find out the problems in the inventory management,combined with the development policy of A clothing company,the author put forward to VMI inventory management method.Then conduct a feasibility analysis for A clothing company from the applicable conditions of VMI,on the basis of determining feasible,make out A clothing company VMI operation framework,then design the operation of program from the sales forecast,inventory module,distribution module three basic modules.On this basis,make out a detailed operation flow chart of VMI.Then begin the implementation of VMI from the selection of VMI suppliers,team building,signed a cooperation agreement with VMI suppliers,building information system,organization structure design,continuous improvement six major steps.Finally,compare the main indicators before and after A clothing company implemented VMI from the perspective of inventory,financial,supplier delivery on time rate,customer satisfaction,assess the performance of VMI implementation,and sum up the benefits and necessity of VMI.Through the research of VMI in A clothing company,this paper explores the new mode of inventory management in apparel enterprises,expect to improve the inventory management of A clothing company effectively,and to provide reference for the similar enterprises in the implementation of inventory management.