Differentiation of stocks by the ABC approach in the synergy of the order penetration point of the logistics chain
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F24%3A43925087" target="_blank" >RIV/62156489:43110/24:43925087 - isvavai.cz</a>
Result on the web
<a href="https://doi.org/10.22306/al.v11i1.445" target="_blank" >https://doi.org/10.22306/al.v11i1.445</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.22306/al.v11i1.445" target="_blank" >10.22306/al.v11i1.445</a>
Alternative languages
Result language
angličtina
Original language name
Differentiation of stocks by the ABC approach in the synergy of the order penetration point of the logistics chain
Original language description
This research summarizes the results of the scientific discussion about the logistic chain and its order penetration point and influences on the costs of stocks. The main goal of this article is to point out determining the order penetration point of the logistics chain and differentiation of stocks according to importance from the point of view of optimizing costs and securing liquid financial resources. The object of the research was the industrial company. In this research, methods focused on using ABC analysis and Pareto analysis. The results of this research show 5 order penetration points (OPP1-OPP5) and a Push and Pull system to manage material flows for order penetration point of the logistics chain at the customer's order point. Cost optimization was solved by classifying the stocks into categories A, B, and C which is an important fact for planning and inventory management. ABC method divided 100 types of inventories with costs EUR5 million into categories A, B, C. Critical types of stocks in category A represents the group of stocks 38,92,7,52,13,54,90 that were reduced. This reduction of critical stocks led to the release of funds tied up in stocks. This change has a positive effect on the financial side of the company's cash flow - financial flows.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50902 - Social sciences, interdisciplinary
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Acta logistica
ISSN
1339-5629
e-ISSN
1339-5629
Volume of the periodical
11
Issue of the periodical within the volume
1
Country of publishing house
SK - SLOVAKIA
Number of pages
7
Pages from-to
13-19
UT code for WoS article
001207540800003
EID of the result in the Scopus database
2-s2.0-85190259941