Research On Optimization Of Spare Parts Inventory Management Of YG Steel Company Based On VMI

Supply chain management is a management model of modern enterprises.Supply chain management theory is recognized and implemented by more and more enterprises.Enterprises are beginning to realize that contemporary market competition is not a competition between individual enterprises,but a supply chain competition..Iron and steel enterprises belong to the typical traditional manufacturing industry,and the management mode is relatively lagging.It is necessary to update the management methods to improve the core competitiveness of the enterprise.YG Steel has many types of spare parts,occupies a lot of funds,and has complicated management.This article uses relevant research methods to analyze and study the company's spare parts management situation,and proposes to implement the VMI model to manage the company's spare parts inventory,by learning related theories and advanced supply chain management methods.Method,develop a spare parts inventory management strategy suitable for YG Steel.First of all,this article explains the background of the topic,analyzes the purpose and significance of the topic,and puts forward targeted research content and methods by combing the domestic and foreign advanced supply chain management theories,procurement management theories,and inventory management theories.Lays the foundation for YG Steel's spare parts inventory management based on VMI in the following article.Secondly,this article introduces the relevant basic theories of spare parts inventory management and VMI management under the supply chain environment,and proposes the VMI operation mode and steps.Next,an introduction to the characteristics of spare parts of YG Steel Co.,Ltd.,a summary of the status quo of spare parts inventory management,and an analysis of the problems and causes in the company's spare parts management.Thirdly,it analyzed the feasibility of the company's implementation of VMI,put forward the VMI implementation goals and implementation plan,VMI operation content,and then proposed the specific steps for VMI implementation.Finally,it is proposed that YG Steel will implement VMI safeguard measures,including five aspects: formulating common VMI evaluation indicators,comprehensive human resource training,establishing good supplier relationships,establishing a sound performance evaluation system,and formulating a reasonable risk prevention mechanism.So as to promote the smooth implementation of VMI,save costs,create more profits for enterprises,and promote the improvement of comprehensive competitiveness.