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Commodity inventory management is a core part of the logistics management of retail enterprises, and it is also a weak link in the current internal management of retail enterprises in my country. Commodity inventory management is not only an independent existence, it must ensure the demand for goods and communicate with the sales department. , Marketing activities, and adopt appropriate programs. Speed up the turnover rate of funds. Tianjin Little Bee believes that only by rationally managing commodity inventory, even reaching zero inventory, can retail companies promote rapid development. From this, it can be seen that commodity inventory management is quite important for a retail company, and it can even be said to be determined. The key to the survival of enterprises in this highly competitive market.
For large retail companies, inventory management can be divided into two parts:
One supplier inventory management
The fundamental significance of commodity inventory management is to achieve the goal of increasing the turnover rate of sales with the minimum inventory fee (or inventory). Therefore, it is very necessary for retail enterprises to strengthen the inventory management of suppliers, and the management of suppliers can be Focus on the following points:
1 Set up inventory plan
When setting up an appropriate inventory plan for the distributor, you should first grasp the quantity of each different code and different product type distributed by the distributor; and calculate the time required for the process from ordering the product to the purchase; and according to the product category , Set the appropriate inventory for each different type of product.
Based on sales analysis data, measure recent trends in actual needs, plus the dealer’s policy, accumulate the content of scheduled sales, and then calculate the appropriate inventory quantity from the expected sales. It should be noted that the working capital is limited. The maximum sales should be achieved with the smallest capital. The amount of inventory budget should be set in consideration of the capital scheduling situation; and from the viewpoint of limited funds, the appropriate inventory should be revised and set.
2 Establish a sales network management system.
Suppliers must establish a complete sales network management system to manage their product inventory well, to ensure that their product demand information and materials flow smoothly, such as: ensuring the readability and uniqueness of their product barcodes, and solving product classification and coding The standardization problem and solve the identification problem in the storage and transportation of goods.
3 Establish a customer information information system.
To effectively manage sales inventory, through the establishment of customer information database, suppliers can grasp the relevant situation of demand changes, and integrate the retailer’s demand forecasting and analysis functions into the supplier’s system.
4 Establish an agreement with the supplier
The supplier and the retailer negotiate together to determine the business process of processing orders, the relevant parameters of inventory control, and the delivery method of inventory information.
2. Three ways of inventory management in retail stores
1. Use the target product turnover rate to determine the appropriate annual inventory
2. Use the target inventory retention days to determine the inventory target
3. Use the appropriate inventory method to determine the appropriate monthly inventory
The above are just some suggestions for retail companies’ inventory management. Almost every company will formulate corresponding strategies. However, traditional retail companies often encounter many problems in implementation, and how to solve this problem has become the “heart disease” of every business person in charge.
RFIDTechnology is currently bringing about a huge change in the field of commodity inventory management. Electronic tags have the advantages of long identification distance, fast speed, resistance to damage, and large capacity, which can simplify complicated work processes and effectively improve the efficiency and transparency of commodity inventory management. The RFID technology-based commodity inventory management system independently developed by Tianjin Bee is designed after fully investigating the needs of the existing warehouse supply chain management. It automatically collects the data of each operation link of the commodity inventory management to ensure that the enterprise Timely and accurately grasp the real data of commodity inventory management, and reasonably maintain and control corporate inventory.
The RFID commodity inventory management system is composed of system management software, RFID tag issuing system and RFID tag identification collection system. These systems are interconnected to complete the various processes of commodity inventory management. The back-end database management system is the core of the entire system, and RFID identification collection is the basis and means to realize the management function. The back-end management software is composed of a central data server and a management terminal. It is the data center of the system. It is responsible for communicating with handheld portable devices. It converts and inserts the data uploaded by the handheld into the database of the back-end business warehouse management system. Tags and collected tag information are stored and processed in a centralized manner.
The informatization construction of retail enterprises is a huge systematic project. In the implementation process of the project, manual business processes cannot be simply simulated to run in the system through information construction, but involve process reengineering, requiring re-planning of core control points, re-engineering process design and technical transformation , The application of RFID technology makes the commodity inventory management system more perfect, more automated, and more cost-saving. It often takes a certain amount of time for any emerging technology to be widely used from its birth. The Chinese electronic label technology market is in the early stage of development. With the advancement of science and technology and the need for digital inventory management, RFID technology must have a very broad prospect.
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