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Innovative Approach to Inventory Management and Warehousing: A Review and Case Study

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25510%2F16%3A39901759" target="_blank" >RIV/00216275:25510/16:39901759 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Innovative Approach to Inventory Management and Warehousing: A Review and Case Study

  • Original language description

    Inventory management is a part of the enterprise procurement strategy, which is based on the relationship between the entity as a consumer of material inputs and their suppliers. The article contains a general definition of analysis and synthesis as scientific methods used in the field of inventory management. The aim of the main part of the paper is to justify the need of inventory management and the current analysis of existing models such as inventory management tools to optimize them. ABC analysis, XYZ analysis, Decision Cube and Economic Order Quantity are included in the article. The analysis deals mainly with the criteria on which they are optimized and inventory advantages and disadvantages of each method. The article outlined the proposal of innovative inventory management model usable in practice which is a synthesis of the existing used models. Inventory management is increasingly important and research shows potential for further improvement.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AE - Management, administration and clerical work

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach<br>I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2016

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Znalost I Razvitak Prometa (ZIRP) 2016

  • ISBN

    978-953-243-081-3

  • ISSN

  • e-ISSN

  • Number of pages

    12

  • Pages from-to

    77-88

  • Publisher name

    Fakultet prometnih znanosti

  • Place of publication

    Zagreb

  • Event location

    Záhřeb

  • Event date

    Apr 12, 2016

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article