Method Research to Improve Inventory Management based on Enterprise Resource Planning(ERP) Environment

Abstract

For manufacturing enterprises, effective inventory management strategies can speed up the funds flow and reduce some unnecessary cost. In this paper, by researching the current inventory management status of an energy company and on the basics of widely reading the literature about inventory management at home and abroad, finding that the disordered material management becomes a common problem in manufacturing enterprise. By researching the root of the problem to some extent and on the basis of the original inventory management methods, putting forward a number of improvements and some reasonable inventory management method: For materials management problem based on ERP, optimizing the business processes, tracing and coding the material can achieve the optimal allocation of resources.