Optimization Of Raw Material Inventory Management Of Yunnan Haisheng Advertising Company Limited

In recent years,with the continuous growth of China’s economy,the form of the world economy has become increasingly severe.To this end,China has taken a series of effective measures such as supply-side structural reform to deal with it.However,China’s manufacturing industry is still under certain impact.At present,as a manufacturing enterprise,only by reducing costs,improving profits and improving services can it enhance its ability to resist risks.However,there are many problems in raw material management for small and medium-sized manufacturing enterprises such as Yunnan Haisheng Advertising Company Limited.How to find the raw material inventory management method suitable for the current scale of enterprise development is very important.This paper takes Yunnan Haisheng Advertising Company Limited.As the research object,analyzes the research status of inventory management at home and abroad,and puts forward the optimization plan of raw material inventory management of Yunnan Haisheng Advertising Company Limited.Through in-depth interview and other methods,this paper finds that it has three problems: unscientific raw material prediction method,lack of raw material inventory management system,and lack of effective management of raw materials.Through further analysis of these problems,it is found that the problems in the raw material inventory management of Yunnan Haisheng Advertising Company Limited.It is caused by inaccurate forecasting methods,unreasonable classification of raw material inventory and unreasonable warehouse workflow.On the basis of referring to a large number of literatures,this paper designs the optimization scheme of raw material inventory classification management by activity based classification and safety stock.The optimization scheme of raw material demand forecast is designed by economic order quantity and demand forecast theory.The optimization scheme of warehouse workflow is designed with the theory of inventory management.Through the optimization of raw material inventory classification management,raw material demand forecast optimization,warehouse workflow optimization and other aspects,the raw material inventory management optimization scheme of Yunnan Haisheng Advertising Company Limited,is put forward in an all-round way.This study proposed a feasible plan for Yunnan Haisheng Advertising Company Limited to improve the current raw material inventory management.Through the implementation of the optimization plan,the raw material inventory cost and financial cost of Yunnan Haisheng Advertising Company Limited will be greatly reduced,and the delivery capacity and the company’s market competitiveness will be improved.At the same time,it has certain guiding significance to other manufacturing enterprises of the same scale.