Research on Inventory Management Risk of Chinese Chemical Fiber Enterprises--Taking Shandong Helon for Example
Currently, Worldwide fiber market is undergoing structural adjustment, however, Chinese chemical fiber enterprises run hard, and urgently need to improve inventory management to reverse the situation and ensure healthy and sustainable development.Inventories often account for a large proportion of current assets and even total assets in many chemical fiber enterprises.Thus the degree of importance inventories is not inferior to cash in the management of custody, maintenance and loss prevention and other aspects.In general, there are large fluctuations in the fair value of inventories of these enterprises, which led to risks of reserves and impairment of inventory management.That will largely affect the companys cash flow, and does not help to improve the economic efficiency of enterprises.The case study method is mainly used in the paper, while supported by the data comparison, and financial indicators.This paper chooses Shandong Helon Co., Ltd.(Shandong Helon) as a case to summarize the cause of inventory management, and put forward reasonable inventory management risk control measures, which contribute to carry out inventory management effectively.This paper highlighted that the quality of the inventory management has become an important symbol of measuring whether the inventory reserves is reasonable, the management system is perfect, the occupancy of the liquidity is best.
Chemical fiber industry Inventory management risk Supply chain management The inventory cost control
HE Yan-fang
School of Accounting,Jiangxi University of Finance and Economics,Nanchang,P.R.China,330013
国际会议
2013 International Conference on Public Administration (9th)(2013年第九届公共管理国际会议)
南非
英文
979-984
2013-10-31(万方平台首次上网日期,不代表论文的发表时间)