Total views : 640
Inventory Reduction in the Supply Chain of Finished Products for Multinational Companies
Objectives: This article aims to propose strategies to reduce inventories in the chain supplies multinational companies finished product. Methods/Statistical analysis: For this a methodology in which one of the largest companies flush commoditization of the world with presence in Europe, Middle East and Africa was studied it was established. Through analysis of reports, and business interviews diagnosed and identifies high inventory levels and inventory policies inadequate as key factors that improve the Supply Chain (SC) of the study sample. Findings: Also they formulated and implemented processes of redistribution and unproductive inventory forecast to combat deteriorations, as well as designing processes to be executed to deepen them. Application/Improvements: The end result is achieved reduce inventory in more than a means of Currency Units (CU) million and, in addition to identifying future risks that might jeopardize service levels of the company.
Inventory Management, Non - Productive Inventory, Supply Chain Finished Product.
- Pundoor G. SC simulation models for evaluating the impact of rescheduling frequencies [Master thesis]. Institute for Systems Research. University of Maryland. 2002; 40:23–41.
- Cannella S, Ciancimino E, Framiñan JM, Disney S. The four types of supply chains. Universia Business Review Second Quarter; 2010.
- Anderson DL, Britt FE, Favre DJ. The seven principles of SC management, Logistics Management; 2015.
- Cooper MC, Lambert DM, Pagh JD. SC management: more than a new name for logistics. The International Journal of Logistics Management. 2015; 5(1):45–85.
- Holweg M, Disney SM, Holmström J, Småros J. SC collaboration: making sense of the strategy continuum. European Management Journal. 2015; 23(2):170–81.
- Jiao JR, Xiao Y, Arun K. An agent-based framework for collaborative negotiation in the manufacturing SC overall network. Robotics and Computer-Integrated Manufacturing. 2015 Jun; 2:239–55.
- Soman CA, Donk PV, Gaalman G. Combined make-to-order make-to-stock in a food production system. International Journal of Production Economics. 2004; 90:223–35.
- Abhyankar HS, Graves S. Creating an inventory for Markov modulated poisson hedge demand: an application and model. Manufacturing and Service Operations Management. 2001; 3:306–20.
- Amelec V. Validation of strategies to reduce exhausted shelf products in a pharmaceutical chain. Advanced Science Letters. 2015 May; 21(5):1403–5.
- Amelec V. Increased efficiency in a company of development of technological solutions in the areas commercial and of consultancy. Advanced Science Letters. 2015 May; 21(5):1406–8.
- Amelec V. Validation process container for distribution of articles for home. Advanced Science Letters. 2015 Jun; 21:1413–5.
- There are currently no refbacks.
This work is licensed under a Creative Commons Attribution 3.0 License.