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Research On G Company's Inventory Logistics Management Strategy

Posted on:2020-12-06Degree:MasterType:Thesis
Country:ChinaCandidate:L ChengFull Text:PDF
GTID:2439330590484247Subject:Project management
Abstract/Summary:PDF Full Text Request
Since 2013,China's macroeconomic development has entered the new normal,the real estate market is weak,the elevator industry has entered the slow lane,and unprecedented fierce market competition has brought many challenges to the production and operation of elevator enterprises.It is necessary to improve the company's management and operation ability and enhance market competition,which is the overall strategic goal of the development of the elevator company in the future.To respond to the market quickly,to improve the service level and at the same time to reduce the operating cost and reduce the occupation of inventory capital can become the development direction of the industry.For G company,it is now able to implement cost reduction activities in production,process flow,sales and other aspects,which can improve the company's competitiveness.From development to the present,procurement costs have become the important component part of a company's expenses and how to reduce the purchase cost of the company has a profit for the company's development has a very important role,and inventory management can become a very important part of the reduce procurement costs,directly affect the purchasing cost and the benefit of the enterprise.Therefore,a good inventory management level can help enterprises improve competitiveness.The company wants to develop better,need to have the existence of partial inventory.Some companies will have less inventory,which can reduce the proportion of the company in working capital,but it will also consume the production capacity and cannot meet the needs of customers.Some companies will also have more inventory,which can improve the quality of service to customers,but also increase the company's management costs,so that the sluggish capital,reduce the capital turnover rate and other aspects of the role.Therefore,how to set up a more appropriate inventory,how to implement effective and reasonable inventory management can improve the company's core competitiveness and profitability,has become a very important issue for the development of many companies.This thesis analysis is made on the inventory management is described,according to researchers at home and abroad research conclusion,analyzed the research status quo of inventory management and relevant theory,then to G company as the research object,this paper introduces the basic situation of G company,and the G company inventory management problems are analyzed,including internal and external factors impact on inventory management.The optimization method of material demand forecast of G company was put forward,and the management strategy of material inventory of G company was put forward according to the actual situation of the company.Be able to make the corresponding ordering according to the material price,and then divide the material into three types according to the traditional ABC classification method.Be able to analyze the specific operation status of the company according to the three types obtained from the classification,and then put forward reasonable Suggestions for the implementation of procurement mode.
Keywords/Search Tags:Inventory Management, ABC Classification, JIT Procurement, EOQ Model
PDF Full Text Request
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