Research On Improvement Strategy Of X Company's Inventory Management

Due to the fierce market competition,how to improve the inventory management level of electronic enterprises is becoming more and more important.If the inventory is too small,the service level of the enterprise will decrease,which will affect the reputation and profit of the enterprise.If the inventory is too large,it will occupy too much cost of the enterprise and affect the performance level of the enterprise.Therefore,for managers in the electronics enterprises,a set of effective inventory management methods are needed to maximize efficiency while satisfying customer service levels.This article takes X company as the research object,analyzes the current status of X company's inventory management,and finds that X company lacks clear inventory management objectives.The division of inventory management responsibilities is not clear.There is no classification management of materials,and the lack of effective inventory management Strategy and other issues.As a result,company X's customer order delivery satisfaction needs to be improved.Inventory turnover is slow,and inventory costs occupy a high proportion.Conducted in-depth research and analysis on the inventory management problems of company X,this article puts forward effective solutions.First,changing the organizational structure of company X's inventory management.Secondly,improving the demand forecasting method and plan management method to improve the inventory management level.Finally,classifying inventory management and adopting targeted management strategies.JIT management strategy is used for class A materials,maximum and minimum inventory management methods are for class B materials,and EOQ strategy control is for class C materials.In this way,company X's inventory management Performance level is improved.Through the optimization of company X's inventory management method,customer order delivery satisfaction has increased by 20% compared to the past,the inventory turnover rate of important materials has increased by about 9%,and the inventory occupation cost of class C materials has decreased by 990,000 RMB per year.This article uses the method of improving X company's inventory management to effectively solve the existing problems of X company's inventory management.X company's inventory management improvement methods and measures have played a significant role in improving company X's inventory management level,enhancing customer satisfaction,increasing inventory turnover speed and reducing inventory occupation costs.The inventory management problem of X company is representative in the electronics manufacturing industry.The system constructed in this article has the advantages of pertinence,systematization and applicability for similar companies.