Research On The Improvement Strategy Of Invoicing Management Business Process In M Industrial Product Company

With the upgrading of terminal consumption demand and the reform of all channels,the industrial products industry is constantly sprouting new forms of business,which brings great challenges to the business model of industrial products related enterprises.In addition,with the advent of industry 4.0,more and more industrial enterprises have been exploring ways to use information technology to promote industrial transformation.They not only pursue digital transformation,but also pursue the upgrade of digitalization to improve the overall benefits.The business of M company is related to MRO industrial products industry.MRO(Maintenance、Repair&Operations)industrial products industry is a special and highly professional industry.MRO specifically refers to the non-productive materials that factories or enterprises maintain and repair their production and work facilities and equipment to ensure their operation.However,for an MRO industrial products circulation enterprise,how to improve the efficiency of supply chain management and optimize the business process of internal invoicing management is a crucial link.The invoicing management of industrial products can be divided into purchase management,sales management and inventory management,and the three links through and organically combined to form a set of perfect and flexible business management process.Through the internal optimization of the three main business processes and the logic optimization between the processes,so as to promote the qualitative improvement of the overall benefits of the enterprise.This paper first introduces the purpose,significance,framework and methods of the research.Then,with the application of process optimization theory,supplier management theory and inventory management theory,combined with M Company’s current status of purchase-sales-inventory management and existing problems,the process improvement is carried out for each specific sub-process of procurement,sales and inventory.Then,the representative power tools in industrial products are selected,and the key factors affecting M company’s operating cost and efficiency are analyzed by case analysis and key index method,and the process improvement measures are proposed.Finally,by selecting the representative industrial power tools,and using the key index method and qualitative analysis method to evaluate the expected effect,and draw the research conclusions.By adopting a series of process improvement measures for M Company,M company has a complete process system for purchase,sale and inventory,and gives full play to the utility of each process to reduce cost and increase efficiency for the company,thus improving the end customer satisfaction and market competitiveness.