Flexible ABC Inventory Classification

Autor: Rathanaksambath Ly, Morrakot Raweewan
Rok vydání: 2018
Předmět:
Zdroj: KnE Life Sciences. 4:228
ISSN: 2413-0877
Popis: ABC inventory classification is a well - known approach to assign inventory item into A, B, and C groups based on their sales and usage volume . This helps inventory management become more efficient . Behind its advantage, it usually shows some problems with an inventory budget and warehouse space because the ABC assignment of SKUs are mad e without an inventory budget and space available involved . In this paper, the ABC group under restricted of an inventory budget and warehouse space to maximize the profit with optimal service level is presented . We establish this proposed model to enhance the existing ABC approach to be more applicable in real life, which has the limited inventory budget and warehouse space . Keywords : ABC Inventory Classification; Inventory Management
Databáze: OpenAIRE