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内蒙古工业大学本科毕业论文外文文献翻译



Inventory management



Inventory Control




On


the


so-called



control


many


people


will


interpret


it


as


a



management



The traditional narrow view, mainly for warehouse inventory control of materials for


inventory,


data


processing,


storage,


distribution,


etc.,


through


the


implementation


of


anti-corrosion,


temperature


and


humidity


control


means,


to


make


the


custody


of


the


physical inventory to maintain optimum purposes. This is just a form of inventory control,


or can be defined as the physical inventory control. How, then, from a broad perspective to


understand


inventory


control?


Inventory


control


should


be


related


to


the


company's


financial


and


operational


objectives,


in


particular


operating


cash


flow


by


optimizing


the


entire demand and supply chain management processes (DSCM), a reasonable set of ERP


control


strategy,


and


supported


by


appropriate


information


processing


tools,


tools


to


achieved


in


ensuring


the


timely


delivery


of


the


premise,


as


far


as


possible


to


reduce


inventory


levels,


reducing


inventory


and


obsolescence,


the


risk


of


devaluation.


In


this


sense, the physical inventory control to achieve financial goals is just a means to control


the


entire


inventory


or


just


a


necessary


part;


from


the


perspective


of


organizational


functions, physical inventory control, warehouse management is mainly the responsibility


of The broad inventory control is the demand and supply chain management, and the whole


company's responsibility.



Why


until


now


many


people's


understanding


of


inventory


control,


limited


physical


inventory control? The following two reasons can not be ignored:



First, our enterprises do not attach importance to inventory control. Especially those


who


benefit


relatively


good


business,


as


long


as


there


is


money


on


the


few


people


to


consider


the


problem


of


inventory


turnover.


Inventory


control


is


simply


interpreted


as


warehouse


management,


unless


the


time


to


spend


money,


it


may


have


been


to


see


the


inventory problem, and see the results are often very simple procurement to buy more, or


did not do warehouse departments .


Second,


ERP


misleading.


Invoicing


software


is


simple


audacity


to


call


it


ERP,


companies on their so- called ERP can reduce the number of inventory, inventory control,


seems to rely on their small software can get. Even as SAP, BAAN ERP world, the field of


1


内蒙古工业大学本科毕业论文外文文献翻译



these


big


boys,


but


also


their


simple


modules


inside


the


warehouse


management


functionality is defined as


already


not


quite


understand


what


our


inventory


control,


but


not


sure


what


is


inventory


control.



In fact, from the perspective of broadly understood, inventory control, should include


the following:



First,


the


fundamental


purpose


of


inventory


control.


We


know


that


the


so- called


world-class manufacturing, two key assessment indicators (KPI) is, customer satisfaction


and


inventory


turns,


inventory


turns


and


this


is


actually


the


fundamental


objective


of


inventory control.



Second,


inventory


control


means.


Increase


inventory


turns,


relying


solely


on


the


so-called


physical


inventory


control


is


not


enough,


it


should


be


the


demand


and


supply


chain management process flow of this large output, and this big warehouse management


processes in addition to including this link, the more important The section also includes:


forecasting and order processing, production planning and control, materials planning and


purchasing


control,


inventory


planning


and


forecasting


in


itself,


as


well


as


finished


products,


raw


materials,


distribution


and


delivery


of


the


strategy,


and


even


customs


management


processes.


And


with


the


demand


and


supply


chain


management


processes


throughout the process, it is the information flow and capital flow management.


In other


words, inventory itself is across the entire demand and supply management processes in all


aspects of inventory control in order to achieve the fundamental purpose, it must control all


aspects of inventory, rather than just manage the physical inventory at hand.



Third,


inventory


control,


organizational


structure


and


assessment.


Since


inventory


control is the demand and supply chain management processes, output, inventory control to


achieve


the


fundamental


purpose


of


this


process


must


be


compatible


with


a


rational


organizational


structure.


Until


now,


we


can


see


that


many


companies


have


only


one


purchasing department, purchasing department following pipe warehouse. This is far short


of


inventory


control


requirements.


From


the


demand


and


supply


chain


management


process


analysis,


we


know


that


purchasing


and


warehouse


management


is


the


executive


arm of the typical, and inventory control should focus on prevention, the executive branch


is very difficult to


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内蒙古工业大学本科毕业论文外文文献翻译



in


large


part


to


ensure


supply


(production,


customer).


How


the


actual


situation,


a


reasonable


demand


and


supply


chain


management


processes,


and


thus


set


the


corresponding rational organizational structure and is a question many of our enterprises to


explore



The role of inventory control



Inventory management is an important part of business management. In the production


and operation activities, inventory management must ensure that both the production plant


for raw materials, spare parts demand, but also directly affect the purchasing, sales of share,


sales


activities.


To


make


an


inventory


of


corporate


liquidity,


accelerate


cash


flow,


the


security


of


supply


under


the


premise


of


minimizing


Yaku


funds,


directly


affects


the


operational efficiency. Ensure the production and operation needs of the premise, so keep


inventories at a reasonable level; dynamic inventory control, timely, appropriate proposed


order to avoid over storage or out of stock; reduce inventory footprint, lower total cost of


inventory; control stock funds used to accelerate cash flow.


Problems arising from excessive inventory: increased warehouse space and inventory


storage costs, thereby increasing product costs; take a lot of liquidity, resulting in sluggish


capital,


not


only increased the burden of payment


of interest,


etc., would affect


the time


value


of


money


and


opportunity


income;


finished


products


and


raw


materials


caused


by


physical


loss


and


intangible


losses;


a


large


number


of


enterprise


resource


idle,


affecting


their


rational


allocation


and


optimization;


cover


the


production,


operation


of


the


whole


process


of


the


various


contradictions


and


problems,


is


not


conducive


to


improve


the


management level.



Inventory


is


too


small


the


resulting


problems:


service


levels


caused


a


decline


in


the


profit


impact


of


marketing


and


corporate


reputation;


production


system


caused


by


inadequate


supply


of


raw


materials


or


other


materials,


affecting


the


normal


production


process; to shorten lead times, increase the number of orders, so order (production) costs;


affect the balance of production and assembly of complete sets.




Notes



Inventory management should particularly consider the following two questions:


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