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Research On Supply Chain Inventory Optimization Management Of Xinjiang Jincheng Petrochemical Equipment Co.LTD

Posted on:2020-11-19Degree:MasterType:Thesis
Country:ChinaCandidate:W ZhangFull Text:PDF
GTID:2439330590954733Subject:Business administration
Abstract/Summary:PDF Full Text Request
In the current machinery industry as a whole downturn,fierce market competition environment,corporate profit margins have been falling,improving the cash flow situation has become an important task to measure the enterprise's ability to resist risk.For manufacturing enterprises,inventory management has become a problem that cannot be ignored in the process of production and operation.Inventory cost accounts for a large proportion of the total cost of the enterprise.When the inventory is too large,it will occupy a large amount of working capital of the enterprise,increase the management cost,and easy to produce unsalable consequences,affecting the overall operation of the enterprise.When the inventory is too small,the product cannot meet the market demand,resulting in the phenomenon of out of stock,and ultimately affect the service quality of enterprises.Therefore,inventory management plays an important role in manufacturing enterprises.Some traditional inventory management methods only study the single inventory cost of enterprises,and determine the order quantity and order point based on the storage cost and order cost.This method is easy to cause the phenomenon of demand amplification,and cannot achieve a unified linkage mechanism of management.Therefore,from the perspective of supply chain,this paper establishes supply chain inventory management system for many enterprises to reduce inventory management cost and meet market demand.Based on the oilfield equipment manufacturing enterprises as the research object,combing summarizes the current main method based on supply chain inventory management theory,the comprehensive research,selecting suitable for oilfield equipment manufacturing enterprises,the method of sung Kim petrochemical equipment co.,LTD.,for example,research involving supplier manufacturing industry enterprise party vendors inventory management present situation analysis of the existing problems and reasons,and from the following several aspects to provide optimization case enterprises:1.The position of the company in the supply chain is analyzed,and the joint inventory management method is selected to provide an optimal solution for the whole supply chain inventory management.2.The joint inventory model was established for the case company by means of establishing a model,establishing an information system and modifying parameters.3.In the established model,the results are analyzed and the differences before and after the establishment of the inventory management model are compared.To sum up,the inventory management mode that multiple enterprises share the right and responsibility to bear the risk and make profits together is established for the supply chain of the case company,and it has certain reference value for the oilfield equipment manufacturing enterprises to improve their inventory.
Keywords/Search Tags:Inventory Management, Supply Chain Inventory Management, Joint Managed Inventory
PDF Full Text Request
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