How to realize high economic printing material inv

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How to realize high economic printing material inventory management

under the condition of market economy, if enterprise products want to win competitive advantage and seize the market, they must strive to minimize enterprise costs. Focus on strengthening the management of variable cost Chinese and foreign shopping capital (i.e. material inventory management) in order to reduce product costs and improve economic benefits

how to adapt to the characteristics of the times and establish new ideas and methods to reduce costs is of great practical significance for effective price competition and improving the competitiveness and economic benefits of enterprises. Generally speaking, the cost management of enterprises mainly refers to the management of finished products, but for printing and processing enterprises, because the fixed cost is only related to the principal guaranteed output 16 Machine weight: About 180kg, so we should focus on strengthening the management of variable cost Chinese and foreign shopping materials (i.e. material inventory management) to reduce product costs and improve economic benefits

the production of any enterprise is inseparable from people, money and materials. The materials mentioned here mainly refer to material inventory. The so-called inventory refers to the materials reserved by the enterprise for consumption or sales in the process of production and operation. It is the main component of the product cost of the enterprise. It accounts for a large proportion in the current assets of the enterprise, generally accounting for 40% - 60% of the product cost. The good or bad management of inventory assets has a great impact on the rise and fall of enterprise product costs, and even on product profits and enterprise financial conditions. By analyzing the composition of printing material inventory cost, using function method to reasonably determine the inventory quantity, reduce the inventory level, increase income, and realize the best combination of function and cost, are the basic objectives of printing enterprise material inventory management

the function of material inventory in printing enterprises refers to the role of material inventory in the production and operation process of enterprises, which is mainly reflected in the following aspects:

first, storing necessary raw materials (such as paper, film, etc.) can effectively prevent the occurrence of downtime and maintain the continuity of production

second, reserve necessary special materials, which is conducive to sales and enhance the ability of enterprises to adapt to market changes

third, keeping an appropriate amount of inventory can reduce the purchase cost and facilitate the organization of balanced production

in order to give full play to the inherent function of material inventory, the enterprise must reserve a certain amount of inventory (such as paper, printing spare parts, etc.), but it will also incur various expenses, which is the cost of material inventory. Material inventory cost includes the following items:

1 Purchase cost. The purchase cost is the cost composed of the purchase price of materials and freight and miscellaneous expenses, that is, the value of the material inventory itself, which is equal to the product of quantity and unit price. When the total purchase amount in a certain period is fixed, assuming that the price is unchanged and there is no purchase quantity discount, the purchase cost of material inventory is unchanged regardless of how the number of enterprise purchases changes, so it belongs to the irrelevant cost of decision-making

2. Shortage cost. Shortage cost refers to the loss caused by the failure to meet the normal needs of production and operation due to the depletion of printing materials (such as paper) or supply interruption, mainly including the loss of downtime caused by the supply interruption of printing materials, the loss of overtime to supplement the output of paper shortage, the loss of reputation caused by the delayed delivery caused by the shortage of finished products inventory, the loss of sales opportunities, the penalty payable due to the delay in delivery, etc. If the enterprise does not allow stock out, the cost of stock out is zero, which does not need to be considered in decision-making; If an enterprise allows out of stock, the out of stock cost is inversely related to the inventory quantity, that is, it belongs to the decision-making related cost. If an enterprise wants to reduce the out of stock cost, it needs to increase the inventory quantity

3. Ordering cost. Ordering cost refers to various expenses incurred by enterprises to organize purchase, such as office expenses, travel expenses, postage, telegrams and other expenses of material supply personnel. Some of these costs have nothing to do with the number of orders, such as the rent and other basic expenses of the regular purchasing agency. Such fixed purchase costs belong to the irrelevant costs of decision-making; The other part is related to the number of orders, such as travel, postage, telegram fees, etc., which are related to decision-making. In order to reduce the order cost, enterprises need to reduce the number of orders. When the total amount of goods purchased in a certain period is fixed, it means that it is necessary to increase the purchase quantity of inventory each time

4. Storage costs. Storage cost refers to the expenses incurred by the printing enterprise to hold inventory (such as paper), mainly including: interest accrued on the funds occupied by printing materials, insurance expenses of printing materials, damage and deterioration losses of materials such as printing paper, storage expenses, forklift handling expenses in the warehouse, warehouse keeper expenses, etc. Storage costs are also divided into baptism costs and variable costs that are fixed in the hands of producers. Fixed costs have nothing to do with the number of inventories, such as the depreciation of three-dimensional warehouses, the fixed monthly salary of warehouse keepers, etc. these costs belong to unrelated costs of decision-making. Variable costs are related to the number of inventories, such as the accrued interest of printing material funds, the damage and deterioration loss of printing paper and other materials, the insurance cost of printing materials, etc, The related costs of decision-making are in direct proportion to the increase or decrease of inventory storage amount. In order to reduce storage costs, enterprises should reduce the purchase quantity of inventory

according to the above analysis of the inventory cost of printing materials, if you increase the purchase times of printing materials and reduce the knowledge of these five aspects, you can easily get the inventory quantity of printing materials of electronic universal testing machine, you can reduce the storage cost of inventory, but the ordering cost and out of stock cost will increase; On the contrary, the ordering cost and out of stock cost will be reduced, and the storage cost of printing materials will be increased. It can be seen that how to determine the optimal inventory quantity of printing materials, keep its four total costs to the lowest level, and reduce the occupation of printing material inventory funds is the main problem to achieve the goal of printing material inventory management

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