On the inventory management _ paper to write network

Papers to write Net: [Abstract] inventory is an important business asset. In this paper, the main form of inventory management, inventory management problems, enhance inventory management response study further shows the importance of inventory management of the enterprise.

[Keywords] inventory, inventory management, enterprise

Inventory is stored in a series of materials, production and sales as the material support services sectors in the enterprise business process plays an important role, but the stock has two sides: on the one hand to protect the normal operation of the supply chain, on the other hand take up a lot of money, increased supply chain costs.

Under normal circumstances, an annual inventory holding costs account for about 20% of the value of the goods, for example, if $ 500 worth of food stored in the refrigerator, then store about a year to spend $ 100. This is the costly effort of each company the reason for inventory management. In recent years, as e-commerce in the continuous development of logistics Technology, inventory management has become increasingly Information, networking and a high degree of integration.


First, the related concepts

Inventory Management (Inventory Management is involved in inventory decision making in the enterprise all the functions that, according to the requirements of the outside world stocks, corporate order characteristics, forecasting, planning and implementation of a supplementary inventory behavior and the behavior control, inventory management, the main function is to record storage, a library, inventory and other inventory details. help clear the unified management of inventory every time a library storage and inventory, enhance inventory management efficiency.

Inventory management is a connection purchasing management, production management and sales management of a bridge that, according to the law of supply and demand determine the process of economic production and circulation of materials and reasonable amount of storage management, inventory management should have a dampening effect, so that a balanced smooth logistics, both to ensure normal production and supply, but also a reasonable compression stock funds, in order to get better economic results.


Second, the main form of inventory management

Inventory Management has many forms:
1. Bailment way. To accept the user's commission, the escrow deposit by the trustees on behalf of the ownership of the goods belonging to the user, namely the ownership of the goods stored in the user a high degree of specialization of warehouse, storage, and proxy user by the latter to send the goods, user in accordance with certain criteria to trustees to pay service charges, which to some extent to achieve zero inventory and no stock-style production.

2. Sub-way collaboration is mainly used for manufacturing enterprises, this form of flexible production through a number of businesses supply time, the main business of supply of inventory is zero, while the main business focus on sales of stock to a number of sub-sales service and sales companies inventory is zero.

3. Wheeled way. Also known as synchronous, in the careful design of the system under the premise that all aspects of a fully coordinated rate zero inventory, zero reserves form in this way is in the belt-type production, based on a larger scale extension to form a production and supply of materials to be carried out simultaneously by transmission system in the form of supply in order to achieve zero inventory.

4. Time production and Kanban methods. Time production is not similar to the wheeled conveyor system, but "when needed, according to the amount needed to produce the required products" in order to achieve zero inventory, which is produced at Toyota methods developed on the basis of an advanced management mode, a work designed to eliminate all invalid, to achieve the optimal allocation of corporate resources, and comprehensively improve the economic efficiency of management.

Production time in a simple and effective way - Kanban method, also known as "card" system, is among the various processes in the enterprise or between enterprises, or between manufacturers and suppliers, using a fixed format card for the certificate, by a part according to their own rhythm, going against the direction of the production process, a part of the specified supply up to coordinate the relationship, so that time synchronization.

5. To order production. That all production activities of enterprises are carried out according to orders, the warehouse is no longer the traditional sense of the stocks of the warehouse, but the process of material flow in a "hub", is a logistics operations Site. object is to order the flow of Information requirements and, therefore virtually eliminating the stagnant material, which will eliminate the "inventory." first used by the Sony Corporation.

6. No inventory reserves. National strategic reserve of material, it is very important materials because of its critical time can play a huge role, so almost all countries have strategic reserves of all kinds of names because of the importance of strategic reserves, which generally kinds of reserves are kept in good condition of the warehouse, to prevent its loss, to extend and save lives. no inventory reserves, which is still maintained reserves, but do not take the form of stock, in order to achieve zero inventory.

7. Distribution methods. Enterprises through the establishment of a sound logistics system in a timely manner in accordance with orders produced goods delivered to the hands of users, in the process of goods in transit through the transportation and distribution process, reduce inventory.


Third, the inventory management problems

At this stage, enterprises in the inventory management process, there are many problems, mainly the following points:
1. Mismanagement. The lack of a set of internal rules and regulations on inventory management, and lack of effective monitoring mechanism to ensure the smooth implementation of inventory management. Links to free download http://www.hi138.com 2. Identity is unclear because of the same item on more than one warehouse, the same items using different code standard, long-term storage may cause the majority of materials, supplies and even some deterioration, failure, or repeat purchase some items, to the procurement of goods and warehousing Management has brought great difficulties.

3. False accounting, increased costs and some companies will not achieve the accounting oversight role seriously inconsistent with the actual accounts, some enterprises under the new system a lack of inventory accounting knowledge and understanding in the purchase link is not required to obtain VAT invoices, to increase their tax burden.

4. Sluggish sales, low efficiency due to business losses, resulting in a large number of the product unmarketable.


Fourth, strengthen inventory management strategies

Market demand for increasingly diverse and personalized product replacement cycles are getting shorter, which requires inventory management, manufacturing enterprises must change the status quo. For inventory management in the presence of many problems, this paper proposes the following measures:
1. Enterprises to carry out systematic analysis of the inventory by the appropriate inventory to determine the number and master, adjusting inventory and customer purchase orders and approved outside the relationship to analyze the impact of various control elements of inventory management structure, in order to facilitate the improvement of stock structure.

2. Enterprises should establish a computer for their own development needs inventory management system so that real-time, dynamic understanding of the business inventory, improve inventory operational efficiency. The provisions of the uniform accounting system for accounting, inventory accounting should be timely, accurate and complete.

3. Enterprises should establish a scientific and efficient inventory management system and continuous improvement with the development of enterprises. In general, the corporate stock varieties and different functions. In terms of ability or economic perspective, enterprises are possible nor necessary for all inventory big and small, regardless of management. categorization is made based on this consideration, and its purpose is to enable enterprises to prioritize and focus in order to improve the management of the overall effect of stock funds.

4. Enterprises to conduct inventory planning, control inventory levels, reduce the amount of funds used to make cost-effective and optimal inventory. Do inventory planning, planning economic order should be established first to determine the good economic order quantity and reorder point, replenishment, to avoid out of stock. Secondly, we must determine the amount of capital stock of the occupation.

5. Enterprises to improve internal controls to ensure its effective, ie do the job division of control, acquisition, inspection and storage control, storage and storage control, supervision and inspection.

6. Integration of business should be reasonable within the logistics resources, such as storage resources, human resources, Information resources, management resources, transportation resources, and take advantage of third-party logistics.

7. Enterprises should strive to achieve zero inventory management is a zero inventory of materials in the procurement, production, sales, distribution, etc. of one or several business segments, not in the form of warehouse storage, and are in working condition. It does not mean stored in the warehouse or some form of a real number zero stored items, but inventory control through the implementation of specific strategies to achieve the minimum inventory levels.

8. Improve the quality of personnel inventory management, inventory management is to improve the key to inventory management to enhance political learning, service learning enterprises should strengthen the management of inventory management, rules and systems, so that we go by.


V. Conclusion

In short, the inventory management is not simply to reduce the parts, raw materials and supply-side funding, but to the future maintenance of the required components and unplanned forecast demand, after the right to make reasonable inventory planning by strengthening the business inventories management, not only reflects the company's integrated management capabilities, to effectively ensure the continuous production of normal business activities, business development and growth and will certainly play an important role.


Main references

[1] [U.S.] Donald Walters. Inventory control and management [M]. Li Xi-wen, Li Bin, translated. Beijing: Mechanical Industry Press ,2007:1-32.

[2] Dai Changzhi. How to do business inventory management [J]. Liaoning Economy, 2009 (seven seventy-nine.

[3] Lv Xinmei. On how to improve inventory management [J]. Science and Technology Information, 2008 (14:124.

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