Inventory how the major LED companies view inventory


Inventories are the inevitable outcome of expanding production scale. If it cannot be digested in time, will it be subject to the risk of provision for inventory depreciation? Let's take a look at the inventory of various companies in 2013, Sanan Optoelectronics 1.148 billion yuan, Dehao Runda 1.068 billion yuan, Huacan Optoelectronics 159 million yuan, dry photo photoelectric 93.72 million yuan; packaging field inventory, Guoxing Optoelectronics 263 million yuan, Changfang Lighting is 212 million yuan, the remaining 5 are less than 100 million yuan, Lehman Optoelectronics is 99.46 million yuan, Ruifeng Optoelectronics is 88.19 million yuan, Wanrun Technology is 77.55 million yuan, Hongli Optoelectronics is 71.21 million yuan, the lowest It is 68.20 million yuan of Jufei Optoelectronics; the inventory of application fields, 316 million yuan of Zhouming Technology, 281 million yuan of Liard, 247 million yuan of Qinshang Optoelectronics, 156 million yuan of Lianjian Optoelectronics, and 66.61 million yuan of Alto Electronics.
In the era of traditional lighting, the inventory standard of enterprises is often 1.5 times that of normal monthly sales; in the era of LED lighting, the inventory standards of enterprises have also changed. In the era of semiconductor lighting, the speed of iteration of LED lighting is faster than that of traditional lighting. In the replacement process of light source, the rate of change of the penetration rate of LED products is also accelerating, and the application demand of products fluctuates greatly. In this case, If the enterprise prepares too much inventory, once the enterprise's turnover speed is not enough, the enterprise will face product iteration risk. So, in the era of LED lighting, how should companies treat inventory?
Wu Zhengyi, general manager of Everlight: Excessive inventory = self-digging graves Because traditional lighting is not like the semiconductor lighting industry, it does not operate according to the thinking of the industrial chain. The specialized division of semiconductor lighting has not yet been presented, but it will certainly be presented in the future.
In the era of traditional lighting, inventory is a weapon for enterprise competition. In the era of LED lighting, excessive inventory is the tomb of enterprises. This year's LED industry competition, inventory is actually a key point of the enterprise, or a life door. If the enterprise manages bad inventory, the competition of the enterprise will definitely have fatal problems. By managing inventory, companies can win and at least be alive. Wu Zhengyu, general manager of Everlight, said.
Wu Zhengxuan said that there are two principles in terms of inventory management within Yiguang. The first principle is to respond to customer needs with the utmost effort. The second principle is that the stock is garbage. And Yiguang is now in the distribution stage of the channel, and circulation is the main mission. Everlight will survive the rapid landing of the channel to help the channel survive and land, and grow and develop. Yiguang focuses on some advantageous categories, conducts collaborative management of upstream, downstream and distributors, communicates inventory dynamics in a timely manner, and jointly promotes this product to seize market share. In this way, the scale and flow rate are made up. The circulation of stocks is more considering the turnover speed, reaction speed and planning ability under a relatively stable business scale, which can enable Yiguang to maintain a stable inventory level.
In addition, Yiguang also considers the interface docking from the component design of the whole product, and this year has begun to try some modular devices, so different parts may be equipped with different parts, and then everyone can quickly connect and do Respond quickly to a small inventory size.
Jingyuan Optoelectronics Marketing Center Associate Lin Yida: Re-development of inventory chips to make garbage into gold inventory refers to some foreign products that customers have not used, I think that each chip industry's output is naturally distributed, so wait for foreign products It must be there. The difference between the price of foreign products and other products and the normal product price is quite large, but the inventory is actually not what people call garbage.
Jingyuan Optoelectronics is also developing different technologies for inventory chips. Through the improvement of performance or the development of different applications, the company's inventory is used, which also makes the so-called garbage into gold.
Ge Liang Optoelectronics (formerly Shenzhen Intemei) General Manager Liu Xiao: To retain the necessary inventory Intermec to do fluorescent products, the turnover period is relatively fast, the company's production capacity is sufficient to meet market demand, basically no inventory. At present, the price of LED lamps has also been declining in the past period of time, and it will not be too fierce because the price of the products in the enterprise will be too low. The company still has to prepare some necessary stocks according to its own situation.
Liu Xiao pointed out that many of the chip makers' stocks are now sold out and there is no inventory. In terms of market conditions, this year is definitely an explosive growth, and the company's performance will double. At the same time, the LED industry prospects are very optimistic, but still worried that everyone is too optimistic about this, so that the investment is too large, leading to the industry facing the risk of over-development.
Summarizing on the premise of policy promotion and LED market demand, some enterprises in the LED industry chain will maintain a certain amount of inventory. However, in the entire industrial chain, the tasks involved are different in terms of tasks, and the content and quantity of stocks reserved by enterprises are also different.
Among them, several domestic sapphire crystal manufacturers have said that with the rise of consumer electronics and LED market, the current sapphire orders have increased sharply, and the current inventory has been insufficient. In addition, the large manufacturers of LED applications also choose to inventory all categories, but the inventory of each category is different, once the turnover is unfavorable, the inventory pressure is relatively large. Most of the other LED-related manufacturers are mainly based on the market and orders, and have a certain amount of stock in raw materials and supporting devices, and are cautious about the inventory of finished products.
In short, the LED industry is currently entering a stage of rapid development. Under the dual promotion of policies and markets, the competition in the LED industry will become more intense. If enterprises want to win the market by preparing for the inventory, they must also combine the current market environment.

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