Research on inventory management optimization of coatingsenterprises based on VMI--A case study of Zhongshan Qingtong Company[Abstract]With the rapid development of social economy,the competition among coatingenterprises is increasingly fierce.Coating companies often focus on competition onproduct prices and delivery speed,so that operating costs and labor costs to improvethe space is very limited.Therefore,inventory management has become an importantdirection for coating enterprises to improve supply chain benefits and competitiveadvantages.Using the literature research,on-the-spot investigation method,interview surveyresearch methods in this paper,such as the firm's overview of inventory management,and through the analysis and summary,found that can make use of the advantage ofVendor Managed Inventory (VMI)and integrating the firm's inventory managementpractice,can effectively improve the efficiency of management of the firm.VMImanagement philosophy is in line with the business development requirements ofQingtong company,which promotes the rational allocation of goods on the market byproviding efficient inventory management methods for downstream customers(retailers)and managing customer inventory.Use VMI mode to assist the downstream retail stores to manage inventory,make"old goods first out",improve customer confidence and satisfaction.First of all,tohelp downstream customers solve the unsalable goods,reduce the customer's capitaland inventory pressure,can improve customer loyalty;Secondly,the pressure ofcustomers'operation is alleviated and the confidence of downstream customers isimproved.At the same time,the VMI model and its supporting system can providesuch services as purchasing plan,inventory management,fund management and
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