| The rapid development of the global economy has made market competition increasingly fierce.For manufacturing companies,inventory accounts for a large proportion of current assets,so companies should pay attention to the management of all aspects of inventory,focusing on purchasing,production and sales.For traditional cement manufacturing companies,the entire production line is complex with huge equipment and materials,so it is essential to optimize the management of the company’s inventory.As opposed to the usual management model of separating finance and business,which has long been unsuitable for the development of enterprises,the principle of integration is now advocated to be embedded in the whole process of company operation.In other words,we should strengthen the integration of business and finance and give full play to the value creation role of management accounting.However,most of the current research by scholars on the integration of business and finance focuses on the overall management practices of large and medium-sized enterprises,with relatively little research on the specific aspects of inventory management.This paper focuses on the inventory management of Pingyuan Dam Cement Limited Company,analyses the problems and causes of inventory management in the company,and finally proposes an optimization plan for inventory management based on the theory of financial integration.The first part is the introduction,which clarifies the background and significance of the study.Next,the concepts of inventory management and financial integration are summarized,the current research status of the two is understood through reading the literature and other methods at home and abroad,and the research results of the former are reviewed.The next section focuses on the integration of business and finance,analyzing the problems and proposing optimization measures in the areas of purchasing budget,inventory,storage and stocktaking,and production cost accounting.The aim is to strengthen the role of financial activities in supporting business activities,and to improve the efficiency of inventory management at Pingyuan Dam Cement by integrating business and finance to serve the management of the company.Finally,in order to promote the integration of business and finance in inventory management,safeguards are proposed.In summary,this paper selects Pingyuan Dam Cement Company Limited as a case study to understand the theoretical knowledge of inventory management and business finance integration through reading the literature and incorporating the management concept of business finance integration into the company’s inventory management.The integration of finance and business is used to highlight the role of finance in supporting business,making the company’s inventory management more scientific and useful for other manufacturing companies in inventory management. |
