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Inventory Control of KB Company under Supply Chain Management

Author: WangSuiNi
Tutor: WangZhi; DaiJingWei
School: Central China Normal University
Course: Business Administration
Keywords: Supply Chain Inventory Control Activity Based Classification JMI
CLC: F274
Type: Master's thesis
Year: 2014
Downloads: 2
Quote: 0
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Abstract


With the fast development of economic globalization, the competition among companiesissupplychaincompetitioninsteadofproducts.Contactbetweenmanufacturingco mpanies become more closely, the competition among companies has evolved into supply chain competition not only individual companies. Inventory management is a very important part of the supply chain management, inventory levels not only affect the company’s cash flow rates but also the costs of operation, inventory levels restrict the performance of the entire supply chain from the perspective of supply chain. Effective inventory management can add value, reduce logistics cost,quickly meet customer needs while minimizing operating costs. So, in the current supply chain environment, how to solve practical problems of inventory management based on supply chain, provide strategic guidance to business decision-makers will be a major issue in the future.The object of this thesis is a wholly foreign-owned company, mainly product is air-condition in vehicles. This company has large number of finished goods and raw materials, the manufacturing process is complex and inventory management is very difficult.This thesis does some analysis and explanation in the field of inventory control from the perspective of supply chain, including the following points:Firstly,the thesis introduced the back ground and significance of this study, Second, the thesis summarized the principles of inventory control, explained the definition and causes in the field of supply chain. Based on the theory,this thesis draw forth the inventory management KPI and inventory forecasting and monitoring system. The third,this thesis make a briefly introduce on KB’s development, main products and the feature of the product in the end of the chapter the thesis analysis the status inventory in KB company and the problem in company’s current inventory management. The fourth, the thesis combines the company’s inventory management objective sand the actual situation, the implementation of corresponding measures and optimize inventory optimization measures effectiveness analysis and presentation. The last, the thesis make a closure while discussing the research direction in the future.

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