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Inventory backlog? Shortage? How to manage the inventory management of small and medium-sized private enterprises? The four suggestions are very practical.
Inventory is the key link between product production and sales. Inventory is an important current asset of an enterprise. The level of inventory management directly affects the operation of enterprises. Therefore, enterprises should establish a scientific inventory management system to provide a basis for enterprise decision-making, to protect the safety and integrity of enterprise assets, and to lay a solid foundation for improving market share.

However, the operators of some small and medium-sized private enterprises have outdated concepts, and only attach importance to production and sales, while ignoring inventory management. They think that the inventory should be kept in the company warehouse, as long as it is stored safely, and it should be fire-proof, theft-proof and mildew-proof. Not knowing the significance of inventory management leads to overstock, deterioration and shortage of inventory. Then, if small and medium-sized private enterprises do a good job in inventory management?

Share with you: inventory backlog? Shortage? Four suggestions on how to manage the inventory management of small and medium-sized private enterprises are very practical.

1. Establish and improve the inventory management system.

The enterprise establishes a perfect inventory management system and implements it, so that all departments have rules to follow. You can make the job responsibilities and operating instructions into billboards and hang them in the studio to remind enterprise members from time to time. First of all, the members of each post established by the enterprise can do their jobs well, have good professional ethics, separate incompatible posts from each other, settle accounts on weekdays, and file documents in time to prevent documents from flying all over the sky.

Secondly, the purchasing department should go deep into the market, shop around and choose inexpensive materials. Conditional enterprises can set up material control departments to make timely and accurate plans for stocking and material demand, reduce costs and improve production efficiency. At the same time, the Finance Department will organize all departments to attend the cost management meeting, deeply analyze the product pricing, and find out the reasons item by item, whether it is the high price of raw materials or the high consumption caused by the substandard procurement quality of raw materials, and find out the malpractice for personal gain.

Finally, the warehouse keeper shall go through the warehousing formalities and record the accounts in time to ensure that the accounts are consistent. Unqualified raw materials shall not be put into storage, and the buyer shall be contacted in time to return them to the supplier. Inventory shall be stored separately, especially inflammable and explosive articles. Smoking is prohibited in storage area and production area. The principle of first-in first-out is adopted for issuing inventory, and the warehouse keeper should report the inventory close to the shelf life to the operation manager in time.

2. Improve the professional level of warehouse administrators and hold regular training.

Enterprise management should establish a long-term mechanism for on-the-job training and regular training, and the company should adopt a performance appraisal system to encourage employees to study hard and improve their professional and technical capabilities. For managers with good performance, they will be commended and rewarded and their welfare will be improved. Let managers work with peace of mind and stability, and avoid data confusion caused by frequent turnover and unclear handover. Regular professional ethics education and training can also enhance the sense of responsibility and self-control, and consciously abide by and implement the management system of enterprises.

3. Make a good inventory plan and keep the best inventory holdings.

First, strengthen departmental communication. As we all know, effective communication between departments is very important. The purchasing department, warehouse management department, production department and finance department are closely linked, and any chain break will have a great impact. Every time the purchasing department receives the requisition form of each department, it first sorts out and summarizes the data, then communicates with the warehouse keeper to obtain the latest inventory, then scrapes off the inventory, and finally calculates the inventory quantity that the enterprise needs to purchase in combination with the market situation and enterprise operation.

Second, make a feasible business plan. Small and medium-sized private enterprises generally follow the idea of "fixing production by sales and making orders by production", formulate scientific and reasonable annual business plans, realize the integration of production, purchase and sales, and solve the problem of overstock or material shortage. This requires operators to look at the market and analyze the best-selling products in the future to prevent unsalable products from appearing before listing.

4, regular inventory analysis, improve enterprise information.

First, enterprises regularly analyze the rationality and authenticity of inventory data, especially the high-value inventory, so as to check the report system every day. Enterprise managers hold regular meetings, and all departments are invited to participate and brainstorm. Take stock three times a month at the beginning, middle and late, and always reflect the inventory dynamics. For the inventory with inventory loss or inventory gain, find and analyze the reasons, implement the responsibilities, and punish according to the relevant management system of the company. If the enterprise can control the best inventory, it can reduce the backlog of enterprise inventory funds, speed up the capital turnover, and at the same time improve the inventory turnover speed, thus improving the profitability of the enterprise.

Second, enterprises should improve enterprise informatization, and the information and data management of small and medium-sized private enterprises is backward. According to the actual operation and capital situation, we should choose the software suitable for the enterprise, better serve the needs of the enterprise, dynamically reflect the inventory situation from time to time, implement data sharing among all departments, and truly realize the integrated management of the company.

5. Conclusion

Inventory management is very important to improve the overall management level of small and medium-sized private enterprises. Inventory occupies a lot of money, which is closely related to the procurement, production, sales, planning and finance of enterprises. Poor inventory management will definitely affect the work of other links. Enterprises should establish a scientific and complete inventory management system, combine with Yunkeyi CRM invoicing management system, strictly control different levels of each link, and take customer service as the center, so as to occupy a place in the market, achieve business objectives and improve economic benefits.

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