Research on Improvement of Inventory Management of Enterprises Based on MRP Taking Diyan Knitting Co., Ltd. in Changle as an Example

DOI

10.2991/emle-18.2018.69How to use a DOI?

Keywords

inventory management; material requirement planning (MRP); textile enterprises

Abstract

In recent years, the total business sales of the textile industry in Changle, Fujian have grown rapidly. However, the inventory management of textile enterprises is generally poor, and there are problems such as the large proportion of business capital occupied by inventory and the high cost of inventory management. In order to explore whether the procurement model based on the material requirement planning (MRP) can solve the above problems, we have set the conditions according to the actual operation situation of a representative textile enterprise in Changle, simulated the quantity changes of the enterprise’s inventory in 10 weeks on the condition of using the MRP procurement model, and compared it with the inventory quantity obtained by using the original regular purchase mode of the enterprise under the same other conditions. The results show that the MRP procurement model can effectively reduce the inventory of enterprises, reduce the proportion of business capital occupied by the inventory, reduce the fluctuation of inventory quantity, and reduce enterprises’ inventory management costs. So the MRP procurement model is worth promoting to other similar enterprises.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Ke Shengjie
AU  - Liu Dan
AU  - Cai Yiwen
PY  - 2018/12
DA  - 2018/12
TI  - Research on Improvement of Inventory Management of Enterprises Based on MRP Taking Diyan Knitting Co., Ltd. in Changle as an Example
BT  - Proceedings of the 4th International Conference on Economics, Management, Law and Education (EMLE 2018)
PB  - Atlantis Press
SP  - 385
EP  - 390
SN  - 2352-5428
UR  - https://doi.org/10.2991/emle-18.2018.69
DO  - 10.2991/emle-18.2018.69
ID  - Shengjie2018/12
ER  -