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An Applied Research on Consignment Management in the Material Supply of X Corporation

Author: HuangZuoYing
Tutor: WuLi
School: Xiamen University
Course: Business Administration
Keywords: Consignment Material Supply Supply Chain Management
CLC:
Type: Master's thesis
Year: 2014
Downloads: 7
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Abstract


Based on an applied study on consignment management in the material supply of X Corporation, this dissertation aims to interpret the positive role that consignment plays in raising the standard of material management. This dissertation is a combination of theory and practice, of a survey of the material supply in X Corporation and its problems. I also discuss the practical application of consignment mode in X Corporation, and evaluate the effects before and after the implement of consignment mode. By means of expanding the application of bidding agreement in materials planning, performance, deployment, application storage, settlement areas, and with the introduction of the concept of vendor inventory management so as to execute the materials management o f property under the name of consignment vendors, X Corporation has succeeded in deploying legal entities materials across sets of books, increasing the types and quantities of materials inventory, reducing the response time of emergency supplies, and eventually promoting the standard of supplies. The dissertation concludes that consignment not only serves as an alternative to relieve overstock, which can increase turnover rates, but also lays a foundation for a new deployment management mechanism, which helps to establish an efficient operation, service, supplies security system to respond rapidly, and finally improve the standard of service supplies. X Corporation implemented consignment as a part of the material integration by the State Grid Corporation. In advocating and enhancing the integration of materials business and rapid service response, X Corporation sets an examplary model for all corporations affiliated to the State Grid.

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