Analysis of variability in inventory consumption and its utilization in industry

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27360%2F15%3A86096821" target="_blank" >RIV/61989100:27360/15:86096821 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Analysis of variability in inventory consumption and its utilization in industry
Original language description
Inventories are a factor that significantly affects competitiveness of any manufacturing enterprise. Manufacturing companies should protect inventories against unexpected fluctuations in their consumption and deliveries and thus promote the continuous nature of the production process. Inventories, however, are also naturally associated with the costs required for their maintenance. It is therefore crucial to precisely evaluate the previous consumption and properly adjust the amount of safety supplies. A very useful tool for statistical analysis of data seems to be the method of measuring the variability of consumption. This method allows us to assess the intensity of fluctuations in consumption very easily. The respective conclusions can then be used for estimating the future consumption as well as for setting the amounts of safety inventory levels. The paper analyzes the use of this tool in the field of inventory management in industrial plants.
Czech name
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Czech description
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Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Carpathian Logistics Congress 2015 : November, 4th-6th 2015, Priessnitz Spa, Jesenik, Czech Republic, EU
ISBN
978-80-87294-64-2
ISSN
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e-ISSN
neuvedeno
Number of pages
5
Pages from-to
226-230
Publisher name
Tanger
Place of publication
Ostrava
Event location
Jeseník
Event date
Nov 4, 2015
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000387950100034

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