Fact Sheet (Rm)

Post on 17-Nov-2015

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this is the fact sheet about research project on the topic of inventory management

Transcript of Fact Sheet (Rm)

Title authorYear & countryVariable techniqueMajor findingsFuture direction/limitations

Analysis of inventory management in small businessNicolle da Silvabrazil, 2000volume and size, economic lot of buying & production, demand forecastingCase study, theoretical.flaw in the management of supply chainDevelop ERP system

effects of inventory management firms performancedimitrios r.koumanakosGreece, 2008lean production, inventory management, organizational performancestatistical test, cross sectional linear regression, ratio testIt reveals that the higher the level of ----- preserved by a firm, the lower it rate of return.limitation: it is difficult to isolate the effect of inventory on performance by using large sample & advance methodologies

inventory management in a high technology organizationshahadat khan & RobertAustralia, 2003Inventory postponement, high technology, inventory speculation, third party logistic provider.Case study, face to face interview.achieved a balance and harmony b/w postponement and inventory speculation of businessFuture direction: inventory consignment and reverse inventory consignment,/ limitation: small sample size.

inventory management and its effect on customer satisfactionScott kraut Eckert2007Customer need, vendor partnership, data integrity, performance measurement, technology.statistical hypothesisSmall business opted to keep the inventory management system.Limitation: survey of small no. of participants.

Modeling Inventory control process using coloured petri netsBisera Andric,DraganaMakajic-nikolic,Bojana stevanovicMay 2005, Romaniainventory control, colored petri nets, optimizationTheoritical.Mathematical models.

Introducing a frame work to asses operational performanceGuido van heck2009,Natherlandinventory management,performance measurement,measurement framework,enterprise resource planning,key performance indicators,case studyExpert Judgements,case studies

A tool of optimizing resources in a manufacturing industryS.L. Adeyemi,A.O. salamiNigeria, 2010Optimization, resources, efficiency, economic order, quantity demand and sales .production.statistical hypothesis, accounting techniques, theoreticalwe should reject the alternative hypothesis and accept the null hypothesis.Inventory management is a must for the continuity and survival of any goal focused manufacturing organizationMaterial management unit should pay attention to sales growth over the years.

Fact sheet