Research On Inventory Management Of N Company

For manufacturing enterprises,inventory is an important asset which usually accounted for about 30%of the total assets.In generally,the management and utilization of inventory is directly related to capital occupancy level and asset operating efficiency of the enterprises.The average fund occupancy level of the enterprises has large distance at different level of inventory management.The survival and operation of an enterprise depends largely on the application of capital.Reasonable inventory control method can reduce the level of capital occupation,improve the turnover rate of inventory and total assets so as to improve the economic benefits of enterprises.Meanwhile,the performance of inventory control management reflects the level of operating management of enterprises.Besides nowadays in the background of global integration,the market competition in the world has entered the white-hot stage,and the ways of competition is between supply chain and supply chain instead of that between enterprises and enterprises.The management of supply chain obtains more and more attention from all professions and trades,and the optimization for supply chain promotes the continuous improvement of the enterprises and production competitiveness.In the mode of supply chain management,the level of the inventory and the ability of inventory management not only affects the cost of enterprise itself,but also all enterprises in supply chain whose efficiency and operation would be greatly limited or constrained.The inventory management and inventory control have become the indispensable core of enterprise management and the key factor if each enterprise in the supply chain achieves cooperation,win-win and integrated management.This paper firstly introduces the basic situation of N company.As an auto-part enterprise in the upper section of the automobile industrial chain,it has been developed a lot with the rapid development of automobile industry.However the market competition between enterprises is becoming more and more intense and the company is getting smaller and smaller operating profit margins.Now it is a extremely urgent topic for N company to realize and research how to improve inner level of inventory management and control.to accelerate the speed of capital flows and reduce capital occupation of inventory in order to improve the profit margins.Secondly,it is very important for N company to analyze the current circumstances of inventory management and control,especially focus on problems on lack of management concept and single management means such as just emphasizing on the summary and evaluation afterwards,lack of advance planning and intermediate control,unsuccessful development and application of ERP,Unfulfilled lean production under the organization and so on.Finally regarding the problems occurred in the inventory management and control,by introducing the traditional theory,lean production ideas and supply chain theory,it is vital for N company to raise the targeted solutions and summarize the overall improvement measures from the perspective of supply chain management and enterprise operation.