Pdf case study on inventory management improvement. Pdf inventory management is a challenging problem area in supply chain management. A case study approach is used to identify the key factors that influence inventory management in a factory. Abstract the success of a product in todays global market place depends on capabilities of.
This study goes through the process of analyzing the companys current forecasting model and recommending an inventory control model. A stock of items held to meet future demand inventory is a list for goods and materials, or those goods and materials themselves, held available in stock by a business. Analysis of inventory management performance a case study. Inventory management is a challenging problem area in supply chain management. First to deploy itemlevel epcrfid tagging in japan. In this paper, we focus on inventory management in a manufacturing company in.
As a result to todays uncertain economy, companies are searching for alternative ways to stay competitive. It is proposed to use inventory management in order to decrease stock levels and to apply an agent system for. Companies need to have inventories in warehouses in order to fulfil. Supply chain and inventory management case studies the objectives of cost reduction and improved service are coequal. Efficient and effective inventory management practices are derived from the case study and may provide practical guidance for foreign manufacturers in china. Improvements were proposed in inventory management of. Particularly we analyze the effect on inventory performance of having minimum order quantities for the different products in the joint order, given a complex. Inventory management, supply contract, safety stock, case study, vmi, postponement. Case study on inventory management improvement sciendo. A study of inventory management system case study article pdf available in journal of dynamical and control systems 1010. Doc report on inventory model a case study of samsung. A study of inventory management system case study the reord er level is the level of inventory at which the fresh order for that item must be placed to procure fresh supply. A case study of inventory management in a manufacturing.
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