| Given by the continuously development of economic globalization,the market competition is much stronger than before,especially the economic slows down in the time being,and the profit margins of domestic manufacturers are constantly being compressed,how to reduce operating costs and improve the profitability of an enterprise is the concern that every enterprise pays attention to and thinks about.As an important part of supply chain management,inventory management is being valued by more and more companies.Optimizing inventory through rigorous and scientific inventory management methods can not only reduce the overall inventory level of the enterprise,optimize the inventory structure,but also increase the inventory turnover rate and reduce the company’s inventory capital occupation,thereby maintaining the enterprise’s operating costs at a relatively low level.It would benefit to the growth of enterprise economic efficiency.As a multinational enterprise which producing advanced polyolefins,90% of L company’s products is for domestic automobile market.Because it is at the tail of the supply chain,the bullwhip effect is very significant in the transmission process of the supply chain.The great fluctuation of the forecast leads to the sub-health of the finished product inventory structure.On the one hand,the slow-moving inventory is too high,on the other hand,too many rush orders from customer lead to frequent production changeover,which definitely reduces the production efficiency;Besides,for those imported raw materials with long lead time and global allocation constraints also requests L company to pay more efforts on safety stock setting and maintenance.How to effectively control and optimize the inventory,so as to reduce the operating costs and improve the profitability of enterprises,is particularly urgent and important.This article takes L company’s inventory management as the research object,through studying lots of documents,on the basis of studying the relevant theories and methods of inventory management,give a comprehensive and in-depth analysis of current situation and existing problems of L company’s inventory management,then proposed a systematic solution.This article first introduces the research background,significance and methods.Secondly,elaborates the basic theory of inventory management,demand forecasting model,safety stock theory etc.,and then focused on the in-depth analysis of current situation and existing problems,followed by the analysis of the root causes for those inventory issues,this paper puts forward an optimization scheme for the inventory management of L company from several aspects,such as the selection of demand forecasting model,the calculation and setting of safety stock,and the optimization of the processing flow of slow-moving stock.In this article,the inventory management issues studied and analyzed by L company are universal in today’s advanced polyolefin industry.It is hoped that the series of improvement measures proposed in this paper are applicable to L company inventory optimization,and at the same time,it is also effective for similar polyolefin industries. |
