Inventory Movement Research Articles

The current world economic situation and its impact on China's foreign exchange and foreign investment

In 2023, the world economy shows clear growth divergence and complex changes driven by technology. The United States economy is showing strong resilience, but its growth is still affected by inventory movements. In contrast, the economies of the euro area and Japan face serious challenges, while some emerging economies, such as India and Vietnam, show signs of a positive recovery. Meanwhile, prices in major economies generally rose, international trade improved slightly and financial markets picked up. In the coming period of time, the world economy is likely to be in the process of bottoming out and bottoming out, will continue to affect China's foreign trade and foreign investment fundamentals, China should overcome the risks and challenges, enhance confidence, increase policy support, and make every effort to create an environment conducive to the development of an export-oriented economy, and actively tap the new advantages of industrial competition, and to promote China's sustainable development of the economy.

Optimization of Warehouse Operations for Upstream Service Companies in the Oil & Gas Industry: A Case Study of XYZ Company

The oil and gas (O&G) sector drives various parts of Malaysia's economy and accounts for 19% of government revenue in 2021. The volatility of oil prices and the COVID-19 pandemic problem in recent years has taught O&G enterprises, especially upstream players, to focus on business needs and employ cost optimization techniques to compete and survive uncertain circumstances. This study seeks to analyze and describe the warehouse operations setup of an onshore supply base service organization that manages and maintains offshore O&G facilities. This study examines space utilization variables from several supply chain perspectives, particularly operations performance. Semi-structured interviews, site observations, and documentation review are used to collect data for the single-case study. The study findings suggest the organization under study has a basic warehouse setup with lean operations staff to complete business functions. In general, the warehouse arrangement for the organization under investigation is comparable to a distribution center, where 70% of warehouse activities comprise, material receiving, handling, and distribution (loading) to several offshore locations. Findings also showed that two factors, namely: material handling flow and movement, and inventory movement affect warehouse space utilization. The volume of material handled by the warehouse based on business demand, as well as the seasonal trend from offshore activities contribute to the frequency of material loading and impact the material throughput and transit time, which were found to have an impact on space utilization too.

What Drives Inventory Accumulation? News on Rates of Return and Marginal Costs

AbstractWe study the determinants of inventory accumulation in a structural vector autoregression (VAR) framework with news shocks. Specifically, we investigate how news shocks affect two key determinants of inventory movements, namely, rates of return and marginal costs. We establish that inventories react strongly and positively to news about future increases in total factor productivity. We provide evidence that changes in external and internal rates of return are central to the transmission for such news shocks. We do not find evidence for a dominant role of marginal costs.

INNOVATIVE INFORMATION TECHNOLOGIES IN THE MODERNIZATION OF BUSINESS INFORMATION SUPPORT

Introduction. Expansion and improvement of the technology of electronic formation and transmission of accounting data requires a review of the key principles of information processing systems and accounting. Automation of the primary recording of accounting data using modern coding systems is of great importance in this regard. The purpose of the study is to determine the possibilities for the complex use of two-dimensional barcoding in the form of QR coding for business information provision, electronic data exchange, electronic documentation and document flow. Methods. The study uses historical and bibliographic methods, scientific abstraction, methods of comparative analysis, statistical and logical methods. Results. As part of the study the genesis of the introduction and development of barcoding technology and its use for information exchange has been studied. The expediency of using the technology of two-dimensional barcoding in the form of QR coding has been substantiated. Conclusions.The advantages and ways of using QR codes for business information support have been highlighted. New ways of applying barcoding for accounting purposes have been presented, in particular, for registering the movement of inventory, payment for goods, works, services, personnel management, access to information data on a website or other information resource, registration of relationships between business entities and exchanging documents.

Business accounting and information support through the QR- coding system

Business accounting and information support through the QR- coding system

TOPICAL ASPECTS OF IMPROVING THE ORGANIZATION OF PRODUCTION INVENTORY ACCOUNTING OF ENTERPRISES

The article studies some topical aspects of improving the organization of production inventory accounting, in particular, the issue of identification of this accounting category and the problems of accounting valuation of production inventories. The key components of the identification of the accounting category “production inventories” are determined. The author’s own definition is presented and substantiated, according to which production inventories are stocks (i. e., tangible current assets) held by an enterprise for the purpose of further one-time consumption (which will lead to a change in their natural and material form) in the process of production of products (works, services), maintenance of equipment, organization of management and marketing of products (goods). The article analyzes the issues of valuation of production inventories disposal. A comparison of the results of estimating the disposal of production inventories in the context of inflation using three main alternative methods of evaluation of disposal – the FIFO method, the weighted average cost method with price recalculation once a month and the weighted average cost method with price recalculation for each disposal. It is established that the use of the FIFO method in the context of inflation allows minimizing the accounting valuation of the disposal of production inventories, which in turn leads to maximizing the accounting valuation of the financial results of the reporting period and the value of inventory balances at the end of the period and, accordingly, improves the financial condition, increases the creditworthiness and investment attractiveness of the enterprise according to the financial statements. In terms of taxation, on the contrary, it is more attractive to use the weighted average cost method with prices recalculated once a month, since this method allows for a completely legal temporary optimization of the tax burden in terms of income tax in the conditions of inflation. The weighted average cost method with price recalculation for each disposal is recognized as a compromise option, the consensus of which is achieved by reducing the size of the effect. The issue of organizing the accounting and distribution of transportation and procurement costs by the methods of average percentage and direct distribution is studied. The disadvantages of the method of averaging transportation and procurement costs are identified and the expediency of direct distribution of transportation and procurement costs is substantiated, which allows improving the quality of accounting information on the movement of production inventories and the amount of costs generated as a result of their consumption.

Harnessing Information Communication Technology in the Development of Oil and Gas Business in Nigeria

The purpose of this study is to investigate the impact of Information Communication Technology in effectively managing the logistics and supply chain business of a 4th party logistics oil and gas service firm with a focus on TECON Oil Services Limited. This is predicated on the fact that Logistics is the process of ‘strategically managing the acquisition, movement and storage of materials, parts and unfinished inventory (and the related information flows) through the organization and its marketing channels in such a way that current and future profitability is maximised through the cost effect fulfilment of orders’. A structured questionnaire was duly administered to selected management staff of the company with 60.7% retrieval rate. The collated responses were analysed and the hypotheses were tested using the Eview software. At 5% level of significance, test of all five hypotheses showed p-values less than 0.005 (P < 0.05), indicating positive relationship between the tested ICT parameters and effective business performance. With overall significant regression, the coefficient of determination ranged between 87.9% and 99.7% of variation in the model. In conclusion therefore, the study ascertains a positive relationship between effective ICT and the Logistics and Supply Chain management of the firm’s business operations. It further recommended, among others, the need for the development of policies in the area of ICT to support the performance of various logistics networks for effective overall performance of the sector. Additional or further studies are required on the impact of effective supply chain management in the Oil and Gas Sector of the Nigeria Economy.

DIGITALIZATION OF MANAGEMENT ACCOUNTING WITHIN THE FRAMEWORK OF THE PROCESS MANAGEMENT CONCEPT

Digitalization of administrative accounting leads to an increase in the efficiency of management in a complex competitive business environment. The growing volume of information and the need for its reliable and timely interpretation contribute to the formation of conditions for the use of digital technologies in order to obtain a clear understanding of business processes and market trends, as well as to make timely strategic management decisions. The purpose of this study was to determine the feasibility and ways of implementing the digital transformation of administrative accounting to improve the efficiency of controlling the movement of inventory. The paper highlights a number of stages of digitalization of administrative accounting and control of the movement of inventory: Stage 1: digital consistency based on the use of smart technologies, cloud infrastructures, automated accounting and distribution tools, stage 2: automation through the use of wireless data transmission, stage 3: forecast implementation, inventory optimization and improvement of supply chain organization, stage 4: strategic partnership with suppliers and customers, stage 5: using artificial intelligence. As part of the process approach, the authors have created an algorithm for modeling effective administrative accounting based on digitalization. This algorithm was the basis for the formation of a modernized model of administrative accounting based on digitalization, including the study of managerial and supporting business processes, as well as continuous monitoring of the model's compliance with business goals and the elimination of “bottlenecks”.

Analysis of Sales Business Process Modeling and Stock Control at Raja Optik

Abstract— The purpose of this research is to offer modeling of new business processes to overcome the problems of the sales cycle and stock control. The method used is a qualitative method that directly observes the object of study, the Raja Optik MSME. Researchers use BPMN to describe ongoing business processes (as is) and to design and propose new business processes (to be). The results showed that there were several weaknesses in the sales process and stock control due to technology, method, material, and human factors. There is no mutually integrated system between branch stores and warehouse. There is also the risk of fraud by changing the denomination of the invoice, as the invoice remains in the form of an invoice. The process of moving archive notes from branch stores to be submitted to the admin every week causes the risk of losing invoices. This manual people to people process carries a high level of risk during the sales reporting process. As part of the lens inventory movement, the store contacts the warehouse to inquire about stock availability. With so many branch stores, stocks cannot be presented in real time to facilitate stock transfers between branches. Additionally, manual inventory reconciliations are required when moving inventory between stores or warehouses. As a result, information systems for sales and stock control did not function effectively and efficiently. Computer-aided business process modeling for sales and stock control has been proposed in hopes of overcoming the weaknesses identified in the current Raja Optik.Keywords—Accounting Information System; Sales; Stock Control; BPMN

ORGANIZATION OF ACCOUNTING, CONTROL AND ANALYSIS OF PRODUCTION SUPPLY

The article provides a theoretical substantiation of methodological approaches to organisation of accounting, control and analysis of production stocks. The regulatory framework is evaluated and the main stages of its functioning are outlined. The main components of the accounting policy elements of production inventories have been identified. The algorithm for forming an effective organisation of production inventory accounting is outlined and tested. Based on the reliable financial statements of PJSC "Dnipro Mineral Fertilizer Plant", the presented methodology for organising accounting, control and analysis of production inventories has been tested. The basic principles of documenting operations of production stocks are studied and peculiarities in terms of inventory recording at a chemical enterprise are identified. A scheme of document flow of inventory movement has been developed. In the course of the study, a comparative analysis of judgements on determining the value of production stocks according to the national and international methods of their reflection was carried out. The main differences in the methods of valuation of inventories for their disposal are identified and characterised. It has been concluded that the valuation of inventories by the FIFO method in martial law is inappropriate. The paper assesses the accounting treatment of production inventories. The organisation of synthetic inventory accounting is described and a journal of business transactions on inventory movements for the month of the current year is formed. It has been established that the organisation of inventory accounting is carried out in accordance with the current regulatory framework and the Order "On Accounting Policy at an Enterprise". In the course of the study, certain conditions for the occurrence of irrelevant production inventories were accepted. The basis for these judgements is the analysis of accounting records on inventory movements. The mechanism for applying decision-making models under conditions of uncertainty is implemented. The analytical table was used to calculate the loss in a discrete situation. On the basis of the calculations, analytical conclusions are formulated. The effectiveness of applying the decision-making model "Minimisation of maximum regret" has been proved. The resulting model allowed to complete analytical conclusions and prove the effectiveness of the use of accounting and analytical reflection of production stocks in order to make effective management decisions.

INVENTORY MANAGEMENT SYSTEM

A vessel shop needs a stock availability management system to control inventory levels and make sure the correct materials and parts are accessible when required. The three main components of this system are usually Purchase and Sales, Stock Availability, and Reporting. Managers can follow the purchaseing process, from the purchase order to the processing of the money, using the Purchase and Sales module. Managers can watch source performance, keep tabs on inventory influx and outflow, and make sure that inventory levels are kept at their ideallevels with the help of this feature. The Stock Availability function is in charge of continuously checking product levels and making sure they are higher than predetermined limits. Features like inventory monitoring, stock notifications, reordering options, and reporting tools are included in this section. Managers can minimize the risk of stock-outs and downtime by keeping an eye on inventory levels to make sure the appropriate components and materials are accessible when required. Managers can access thorough data on inventory movements, trends, and patterns through the reporting tool. This section has features like slow-moving inventory analysis, inventory turnover, and planning tools. With the help of this tool, managers can pinpoint areas for growth, maximize inventory levels, and cut costs associated with having inventory. In a nutshell, a vessel shop's Stock Availability Management System is a crucial instrument for controlling inventory levels, lowering stock-outs, and ensuring that the appropriate components and materials are accessible when required. Managers can increase productivity, cut expenses, and boost customer happiness by using the Purchase and Sales, Stock Availability, and Reporting tools to streamline the purchase process, optimize inventory levels, and lower the risk of stock- outs and downtime. Key Words: Vessel Shop, Stock, Sales Employee

IMPROVEMENT OF INVENTORY ACCOUNTING IN SMALL AND MEDIUM-SIZED ENTERPRISES IN THE CONTEXT OF THE TRANSITION TO INTERNATIONAL FINANCIAL REPORTING STANDARDS FOR SMALL AND MEDIUM-SIZED ENTERPRISES

The research work is devoted to international practice of organization and maintenance of accounting in small and medium-sized enterprises. In this part, Development of fixed asset accounting: under the requirements of International Financial Reporting Standards, Improvement of inventory accounting in small and medium-sized enterprises in the context of the transition to International Financial Reporting Standards for Small and Medium-Sized Enterprises and Components of accounting policy and the mechanism of their implementation in Small and Medium-Sized Businesses were analyzed. Accounting is greatly simplified when using computer equipment in warehouse accounting. Analytical accounts are grouped by material groups, storage locations, financially responsible persons, by synthetic accounting accounts and subaccounts. They use accounts of analytical accounting to control the storage and movement of inventories, their evaluation, comparison with warehouse accounting data. The importance and laboriousness of conducting quantitative analytical accounting of inventories has necessitated the search for more rational methods of accounting for inventories. The warehousing of most enterprises is quite complex and consists of a network of warehouses with special devices and equipment for moving, handling, weighing, measuring, etc. The introduction of computer accounting in the process of processing primary documents may be one of the most effective ways to improve primary accounting. To ensure the safety of inventories, proper acceptance, storage, and distribution of valuables, it is important that the enterprise has a sufficient number of warehouses equipped with weights and measuring instruments. The methodology for organizing the accounting of material resources involves the choice of several methods. To choose a method, it is necessary to analyze the consumption of materials. The classifier should fully systematize the various materials available in warehouses. It should ensure the efficiency and reliability of quantitative accounting in the warehouse. Accounting principles are observed or not observed, which should be reported in the financial statements. For example, in the reporting year, the enterprise ceased or plans to cease its activities in the future (deviation from the going concern principle) That is, the continuity principle relates to past and/or future events and does not affect accounting in any way. The concept of "accounting procedures" is not disclosed in regulatory documents. Most researchers understand accounting procedures as a set of works and methods for their implementation. In practice, many procedures are used in accounting and reporting, but their disclosure is unlikely to be of interest to qualified users of financial statements. Accounting practice is a set of accounting procedures at a particular enterprise, institution, organization that provides accounting, as well as the preparation of financial and management reporting. The inclusion in the definition of accounting policy and accounting rules, which generally relate to the organization of accounting, is not justified. Small and medium-sized enterprises (SMEs) are often under-represented in the accounting standards developed for larger companies. The UN and OECD have recognized the need to develop special accounting standards for SMEs, rather than requiring them to comply with IFRs that are primarily intended for large firms. Keywords: small and medium enterprises, international financial standards, inventory accounting, accounting.

Research on Real-Time Robust Optimization of Perishable Supply-Chain Systems Based on Digital Twins.

Aiming at the real-time robust optimization problem of perishable supply-chain systems in complex environments, a real-time robust optimization scheme based on supply-chain digital twins is proposed. Firstly, based on the quantitative logical relationship between production and sales of single-chain series supply-chain system products, the state space equation of the supply-chain system with logical characteristics, structural characteristics, and quantitative characteristics was constructed, and twin data were introduced to construct the digital twins of supply chains based on the state-space equation. Secondly, the perishable supply-chain system in complex environments was regarded as an uncertain closed-loop system from the perspective of the state space equation, and then a robust H∞ controller design strategy was proposed, and the supply-chain digital twins was used to update and correct the relevant parameters of the supply-chain system in real-time, to implement the real-time robust optimization based on the supply-chain digital twins. Finally, the simulation experiment was carried out with a cake supply-chain production as an example. The experimental results show that the real-time updating of relevant parameters through the digital twins can help enterprise managers to formulate reasonable management plans, effectively avoid the shortage problem of enterprises in the cake supply-chain system, and reduce the maximum inventory movement standard deviation of each link by 12.65%, 6.50%, and 14.87%, and the maximum production movement standard deviation by 70.21%, 56.84%, and 45.19%.

ORGANIZATIONAL ASPECTS OF THE ANALYSIS OF PRODUCTION INVENTORIES OF THE ENTERPRISE

The purpose of the article is to study the organization of the process of analysis of production inventories at the enterprise in the conditions of globalization. The methodology consists in the use of the following methods: observation method, methods of analysis and synthesis, classification, monographic method, induction and deduction, grouping, comparison, generalization method. The scientific novelty of the work consists in improving the process of analysis of production inventories, which will allow to increase the effectiveness of the application of analytical procedures in relation to production inventories and, as a result, to increase the effectiveness of the internal control system at the enterprise. Conclusions. An important issue in the analysis of production inventories is ensuring the optimal number and structure of the company’s inventories and increasing the efficiency of the use of production inventories. This can be achieved by saving production inventories, improving the technological process, optimizing processes regarding the movement and storage of production inventories at the enterprise. Key words: analysis, inventories, production inventories, assets, accounting.

STOKLARA İLİŞKİN İŞLEMLERİN BOBİ FRS VE KÜMİ FRS AÇISINDAN DEĞERLENDİRİLMESİ

Companies subject to independent audit but do not apply Turkish Accounting Standards (TAS) have been applying Financial Reporting Standards for Large and Medium-Sized Enterprises (LMSE FRS) as of 01.01.2018. In addition, the Financial Reporting Standard for Small and Micro Enterprises (SME FRS) was drafted by the Public Oversight, Accounting, and Auditing Standards Authority in 2019. This draft, which has not been enacted yet, is likely to enter into force soon. This study aims to comparatively evaluate the provisions of LMSE FRS and SME FRS at the point of accounting for the inventory movements of the enterprises. In this direction, in the research, firstly, the regulations regarding the inventories in SME FRS and LMSE FRS are revealed. Then, how the transactions explained theoretically according to both standards will be accounted for in practice is explained with the help of examples. As a result of the research, it has been determined that the provisions of SME FRS and LMSE FRS in terms of transactions related to inventories overlap in some points and differ in some points.

ACCOUNTING OF LOGISTICS EXPENDITURE ON SUPPLY IN THE SYSTEM OF ACCOUNTING AND ANALYTICAL SUPPORT OF LOGISTICS OF THE ENTERPRISE

Abstract. The purpose of the article is to fi nd out the features of the organization of accounting for logistics costs for the supply of accounting and analytical support of logistics of the enterprise. It was found that the accounting support of the process of integration of logistics, production, transport, sales and transfer of information on the movement of inventory in a single system – one of the key tasks of cost management that arise when proving the material flow from the primary source of raw materials to the end user. The formation of an effective subsystem of accounting support of logistics operations will allow integrating the received information flows (results of accounting registrations) into a single system of information support of production and sales system management, which in turn will increase its security. The classification of logistics costs by functional feature is offered, which allows to systematically estimating their absolute values, to solve operational problems to substantiate the optimal size of these costs, using an array of operational accounting information to analyse the structure of logistics costs, to organize an effective control system the implementation of logistics operations. The largest share in the logistics costs of the enterprise is occupied by supply costs. To increase the level of efficiency of management response to the behaviour of logistics costs, it is proposed to introduce six analytical accounts («Expenses for research of procurement market potential», «Expenses for forming a portfolio of orders», «Representation expenses», «Expenses for control over compliance with supply contracts», «Expenses for maintenance of the personnel of the supply service of the enterprise», «Expenses for acceptance of incoming material resources and their preparation for production consumption»), which are grouped in a separate sub-account 949/1 «Logistic expenses for supply». This array of information will be the information base for the operational analysis of logistics costs for supply in the system of accounting and analytical support of logistics of the enterprise, which in turn will improve the management of flows in the logistics chain. Keywords: accounting, logistics, logistics of the enterprise, logistics expenditure on supply, accounting and analytical support.

Conducting an investigative review of documents in the investigation of criminal offenses in the sphere of economic activity

The article examines the participation of a specialist in the review of documents in the investigation of criminal offenses in the field of economic activity.
 The authors note that in investigative practice, the investigator must be consulted on special terms and economic categories, management mechanism, the essence of economic processes, evaluation of economic activity, correctness of reporting, study of accounting and movement of inventory, finance, reflection in documents of certain facts, one of the areas of use of special knowledge is the involvement of a specialist.It is established that during the investigation of materials of criminal proceedings an important role is played by a thorough review of documents and study of seized accounting and tax documents in order to systematize them, identify signs of forgery and more. Thus, the achievement of results in the investigation of criminal offenses is possible only with a timely and full investigative review and seizure of documents.
 The authors note that during the investigation of criminal offenses committed in the field of economic activity, the review of accounting and tax accounting documents is the most common investigative (investigative) action.
 Emphasis is placed on the fact that the participation of a specialist makes it possible to identify and record signs of forgery of documents, making changes to certain parts of it, and so on. In addition, the specialist helps the investigator to navigate complex specific issues during the review of documents. It is noted that a specialist under the guidance of an investigator during a direct inspection of accounting documents, various equipment, technical devices may identify significant violations and material traces of a criminal offense, which may be important in the materials of criminal proceedings.
 The authors came to the conclusion that the participation of a specialist in the review of documents in the investigation of criminal offenses in the field of economic activity is very important. Because, firstly, in most cases, the specialist provides advisory assistance to the investigator, which is expressed in oral explanations, advice, certificates on special issues, in particular, to determine the appropriateness and consistency of review of documents, substantiation of assumptions about the relevance of certain documents to criminal offenses; secondly, the specialist can provide methodological assistance, ie providing the investigator with methods for conducting the examination; third, the specialist helps the investigator to identify, consolidate, seize and inspect the documents.

ABC/XYZ Inventory Management Model in a Construction Material Warehouse

Accounting monitoring stocks of raw materials and supplies plays an important role in the business of every major company. Since inventories are one of the most expensive types of company assets, accounting for more than 50% of total invested capital, optimal inventory management should be an integral part of every company's business. In order to get complete results, this paper applies the ABC method, XYZ method, as well as the cross ABC XYZ method. The goal is to reduce costs of keeping the inventory as much as possible, while maintaining a level of service customers requires. The process of assortment planning, ordering and inventory management in the construction material warehouse is analyzed. The importance of monitoring inventory movements in order to achieve optimal amount of inventory, as well as the obtained results and guidelines for future operations is presented.

PECULIARITIES OF ACCOUNTING REPRESENTATION AND WAYS OF IMPROVEMENT OF INVENTORIES IN MANAGEMENT OF THE ENTERPRISE

The article states that inventories are a very important element of any business. They are considered as part of the material resources that do not participate in the production process, but their presence in a certain amount at the enterprise is an objective condition of its activities. It is determined that the reasonable use of inventory is of great economic importance. It is proved that the provision of inventory is a necessary condition for economic activity of the enterprise, and the effective use of inventory is a necessary condition for the profitability of the enterprise. It is proved that a characteristic feature of inventories is that they belong to current assets. In other words, inventories are intended for sale or consumption during one operating cycle or within 12 months from the balance sheet date. It is stated that inventories are part of current assets because they can be converted into cash during the year or one operating cycle. Working capital is a financial - economic category, which follows from the existence of commodity-money relations and the organization of the enterprise. Inventories are current assets that are held for sale or consumption during the operating cycle or within 12 months of the balance sheet date. In the inventory is reflected in the accounts of class 2, depending on their purpose. The unit of inventory accounting is their name or homogeneous group (type). It is proved that the rational management of inventories in the first place requires timely operational accounting for their receipt and use. It is necessary to control and improve the process of accounting at each site of inventory accounting to obtain reliable information about the receipt, use, internal movement of inventories, compliance with norms and established limits at the enterprise. The offered detailed description of separate subaccounts of the account of production stocks will allow to simplify reception of the accounting information for its effective use in production process. Effective inventory management has been shown to significantly shorten the operating production cycle, helping to reduce inventory costs and freeing up some working capital. These measures will help increase the rational use of inventory and increase the efficiency of the enterprise.

Modern methods of analysis and management of production inventories.

. The state and efficiency of production inventory management are the main conditions for the successful operation of an enterprise in a market economy. The main purpose of the enterprises' activities is to maximize profits, which can be achieved, inter alia, by increasing the turnover of stocks, when with a smaller warehouse area and lower inventory maintenance costs, the previous volume of sales increases or remains. The authors of the article analyzed modern methods of inventory analysis and management. Each of the considered methods has both advantages and disadvantages, so the use of a certain technique depends on the scope of the enterprise. Inventory management at the enterprise requires a rational inventory movement accounting system. The company should have a system for registering the acquisition and use of stocks. In addition, periodic checks of compliance with the actual availability of inventory and accounting data are required. Based on the conducted research, the main tasks in solving the problems of inventory management are identified: systematization of approaches to inventory management; reduction of costs for their acquisition and storage in warehouses of enterprises; increasing the efficiency of control in solving the tasks facing the enterprise. The existing structure of supplies of production stocks at railway transport enterprises does not allow for the full use of inventory management methods. In such conditions, it is necessary to create a managed system that will enable the use of various methods of management and optimization of production stocks. This system should include efficient logistics and management accounting of production stocks. It is advisable to introduce a system of standard (regulatory) costs in individual structural divisions. The use of combinations of methods for optimizing production stocks at railway transport enterprises will minimize operational costs through effective management of them.