There are some serious problems in the inventory of machining plants. Let's analyze them in detail.
1. Inventory control technology tradition
The inventory of China's machinery processing plants adopts a unified inventory control method for all raw materials, semi-finished products and finished products, and does not classify the inventory. It is a non-traditional and extensive inventory management to propose a special management for a certain key inventory. In terms of enterprise cost calculation, manufacturing enterprises calculate the cost of inventory only once at the end of the year, and there is no budget in advance. Inventory control still stays on the amount of inventory, and they are not aware of the reduction of enterprise working capital caused by overstock.

2. Unreasonable organization setting and uncoordinated work between departments
Due to the organizational structure setting, although the manufacturing enterprise has an advanced information management system, the change of production plan has not been communicated to the relevant person in charge at the first time. Each department is only responsible for its own part. Whether the purchase plan is not based on the production plan or whether the production plan does not consider the material plan and the availability of materials when it is formulated, it is likely that there will be wrangling after problems occur.

3. Inefficient management
Due to the low degree of informatization, it is difficult to count the same material into inventory for multiple warehousing and multiple requisitions. At the same time, because the consumption of raw materials and accessories is a regular thing, the material inventory involves a wide variety of materials, uneven quantity, and a large number of raw materials and accessories will be consumed every day. A large number of warehouse in and warehouse out lists are processed manually, and the physical objects are checked in time, so the management efficiency is very low.

4. Inaccurate prediction of material demand
Manufacturing enterprises should send material demand forecasts to suppliers in advance to help suppliers prepare goods and confirm orders. The customer's order volume changes accordingly, resulting in excess inventory or shortage. There is also a shortage of goods because suppliers and third-party logistics service providers do not deliver goods in time.
