Research On Inventory Management Of P Company Based On JMI

As an important part of China’s national economy,the medical device industry has a complete supply chain of production and sales,and involves multiple stakeholders such as manufacturers,suppliers,distributors and retailers,so that all parties participate in the medical device supply chain system.They cooperate with each other and also play against each other.In order to ensure the effective supply of supply chain products and sales turnover,inventory management plays an important role in this process.All parties involved need to jointly develop inventory management plans according to market demand conditions to maintain supply chain every Nodes can be based on effective inventory management to maintain coordinated operation throughout the supply chain,and once inventory management problems occur,it will inevitably affect the entire supply chain,which in turn will have an impact on the continued growth of the medical device industry.It can be seen that inventory management is of great significance to the development of medical device companies.However,due to the changes in the external economic environment of the medical device market in China and the increasingly fierce competition in the industry,the demand for the medical device market has shrunk.As a result,medical device-related enterprises are facing a certain inventory backlog and have begun to expose one in inventory management.Series problems and troubles.As a wholly foreign-owned medical device trading company,P Company has been developing rapidly at a higher rate than the same industry for many years.Good performance once covered up various problems accumulated by enterprises in rapid development.However,in recent years,due to changes in the external environment and the competitive situation of the industry,the backlog of the company’s inventory management has been gradually enlarged,and the inventory management model centered on the supplier is no longer adapted to the changes in the new situation,resulting in P company’s various inventory management problems frequently occur,such as chaotic inventory management,high sluggish material occupancy,serious disconnect between sales forecast and production supply,and unsatisfactory communication of supply chain information.These problems have seriously affected the continued operation of P Company.development of.Therefore,based on this situation,it is particularly important to improve and optimize the P company inventory management plan.Based on the theory of joint inventory management(JMI),this paper focuses on the optimization of inventory management of P companies.Firstly,it introduces the dilemma faced by the medical device industry in inventory management at present,and the importance of introducing the JMI model into the inventory management structure of medical device enterprises.Then,through the systematic discussion of the theory of inventory management,for the joint inventory The concept,connotation and main advantages of the management(JMI)model have been deeply recognized;then based on theoretical research,this paper takes the medical device enterprise-P company as a case to analyze the financial operation and inventory management status of the P company library.And found out and summarized the problems and shortcomings of P company in inventory management at the present stage;finally,based on the related problems of P company’s current inventory management,introduced JMI mode,based on joint inventory management mode to predict medical device products Demand,establish a coordinated management mechanism,and use a collaborative supplier inventory management model to fully optimize P company inventory management.Through the research in this paper,it is found that for the medical device industry,it is feasible and reasonable to replace VMI with JMI mode to solve the series of problems in inventory management.Moreover,in the actual process of inventory management of medical device enterprises,based on the JMI global optimization concept,the participating entities of each node of the supply chain are involved in the management,coordinate,cooperate and perfect each other,and can improve and optimize the P company from a fundamental level.The inventory management level is to solve the practical problems of P company’s current inventory management,and realize the long-term sustainable development of medical equipment enterprises.