Pharmaceutical Research On Inventory And Optimization Strategy For BY Company

With the further development of the market,effective purchase and inventory management is the key point of further development for distribution enterprises.Enterprise's purchase and inventory management present the characteristics of multispecies,uncertain market demand and difficult management at present.The low forecast level of goods' purchasing will cause the more inventory cost or the longer delivery date.And the following affect is the decrease of company's benefits.Unreasonable inventory settings will cause the unsold inventory goods,more inventory cost and lower profits.BY pharmaceutical company is a modern pharmaceutical distribution company in China.BY has 4 branches,1 subsidiary,145 stores,and BY's market covers all of north China and northeast,most region of northwest.But with the development of the company's market,the phenomenon of slow-moving and out of stock of inventories appeared in the company.With the intensification of market volatility,the prediction exactness rate of the purchasing management is decreased.Rules of supplier's selection are not clear,and the stumble of exchange of information between suppliers and confusing.These leads to the more inventory costs,lower funds' turnover,lower benefit currently.As an example of BY pharmaceutical companies,this paper using ARIMA modeling prediction method aiming at the instability of drug purchase demand in the company.The model improving the company's forecasting efficiency by using Minitab to analyze the examples.In view of the company's diversified management of pharmaceutical products,this paper using R-language to display analysis and classification,and analyze strategies for all kinds of drugs.For the appearance of multiple drug unsalable and shortage,this paper using safe stock method to managing.And the simulation analysis is carried out to reduce the inventory cost.There are no rules for supplier selection,this paper using the classification of ABC to clarify the pros and cons of suppliers.In response to the lack of information exchange with suppliers,this paper using the operation mode of VMI Vendor Managed Inventory.This mode establish an agreement,clarified the responsibilities and obligations of both parties.It will enhance the company's contacts with suppliers,and optimized inventory management.