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Inventory Control Research in T Company Under the Environment of Supply Chain Management

Author: HuangKunLun
Tutor: ZhangLingRong
School: Dalian University of Technology
Course: Business Administration
Keywords: SCM Inventory control TOC VMI
CLC: F274
Type: Master's thesis
Year: 2013
Downloads: 12
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Abstract


Due to the extremely competitive and advance shipment or uncertain customer demand in the recent years, therefore, it is a higher requirement for the supply chain performance. Inventory control is the important part of the supply chain management. The company needs to find an inventory management model which suit to their own situation, In order to reduce inventory costs, optimize inventory levels, improve enterprise efficiency.A case research on T Company is introduced in this thesis. According to the real situation about the inventory management of the T Company, in consideration of its inventory from SCM (Supply Chain Management) point of view, this thesis focus on the systematic research on the management of the inventory, those issues have been analyzed as below, firstly, there is an introduction for the theory of the inventory management in the SCM and TOC (Theory of Constraint), and there is a analysis on the current inventory management problem of the T Company. Secondly, this thesis analyze the existing problem of the inventory management control in T Company and provide inventory management method for the finish goods, semi-finish goods and raw material. For the finish goods, T Company can implement the strategy of "joint management inventory" to minimize the impact of "Bullwhip effect" within the sales activity; For the semi-finish goods, the production process is optimized and the quantity is reduced via implementation of the TOC; For the raw material, the ABC method provide different inventory management for different material type and how to improve the inventory management both of the long purchase lead time material and VMI material; Finally, there are some safeguard measure for the improvement of inventory management such as improve supplier and customer relationship management; improve demand forecasting accuracy and strengthen information management,etc.

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