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A Company Inventory Management Optimization Research

Posted on:2024-05-08Degree:MasterType:Thesis
Country:ChinaCandidate:Y WangFull Text:PDF
GTID:2569307058957779Subject:Engineering Management
Abstract/Summary:PDF Full Text Request
With the development of the market economy,the competition between enterprises has also become fierce.Enterprises should not only improve their own service level,but also strengthen cost control to ensure normal operation and profits.Modern enterprises have been paying more and more attention to inventory management,and committed to building scientific and rigorous inventory management methods,reduce inventory management costs,to improve the purpose of enterprise economic benefits.Enterprise inventory management not only involves product purchase,but also includes inventory management,product production cycle,etc.It is necessary to reduce the risk of enterprise inventory shortage on the premise of ensuring product safety inventory.Under the influence of the global epidemic,enterprises are under the pressure of the economic downturn.Optimizing the inventory management of enterprises will help enhance the market competitiveness of enterprises.As A daily retail enterprise,Company A has high requirements for inventory management and capital.Therefore,through inventory management optimization,reduce the occupation of working capital,improve the level of inventory management.Based on the study of relevant theories and methods of inventory management,combined with domestic and foreign research results on inventory management,combined with the current situation of A company’s inventory management,this paper analyzes the existing problems and causes of inventory management,and puts forward optimization measures.This paper first introduces the relevant theories of inventory management,including inventory management theory,material classification theory,demand forecasting theory and safety inventory theory.Secondly,it introduces the current situation of A company’s inventory procurement and inventory management,explores the existing problems of A company’s inventory management,and analyzes the causes of the problems.Finally,in view of the existing problems and reasons,the optimization and safeguard measures of A company’s inventory management are proposed,and the effect of inventory management optimization implementation is evaluated.Based on the research of this paper,on the premise of clear inventory management optimization objectives,the following inventory management optimization measures are obtained for Company A:(1)Introducing ABC classification management method,subdividing commodity purchase types,clarifying commodity classification steps,and optimizing inventory strategies of different goods;(2)Improve the demand forecasting method,optimize the demand forecasting process,and ensure the implementation of demand forecasting;(3)Optimize the inventory ordering model,determine reasonable safety inventory,and improve the unsalable goods management mechanism;(4)Improve the inventory management performance appraisal system,determine the dimensions of performance appraisal,improve the pertinence of performance appraisal indicators,optimize the internal appraisal system,etc.This study can optimize the inventory management of Company A and provide reference for the optimization of the inventory management of similar enterprises.
Keywords/Search Tags:Inventory management, Demand forecasting, ABC classification
PDF Full Text Request
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