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
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DOI - Digital Object Identifier
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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
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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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
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e-ISSN
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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
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