TY - GEN
T1 - Inventory Management Model in the Commercial Sector to Reduce Inventory Levels through the Use of Demand Forecasts and Economic Order Quantity
AU - Cornejo, Paolo
AU - Moreno, Walter
AU - Aparicio, Ernesto
AU - Del Carpio, Christian
N1 - Publisher Copyright:
© 2021 ACM.
PY - 2021/1/8
Y1 - 2021/1/8
N2 - The high competitiveness and variability of demand in the commercial sector has led companies to efficiently manage their inventory management to optimize their warehouse stocks. The main problem that occurs most frequently in the sector is the excess inventory in its main warehouse. This is due to inadequate inventory management that allows a balance in the level of inventory without neglecting the estimated demand. Because of this, we propose an inventory management model and design a simulation system to evaluate the viability of this. From the results obtained, it is concluded that the proposed inventory management model will reduce inventory costs by 30.66%, avoiding excess inventories and optimizing costs.
AB - The high competitiveness and variability of demand in the commercial sector has led companies to efficiently manage their inventory management to optimize their warehouse stocks. The main problem that occurs most frequently in the sector is the excess inventory in its main warehouse. This is due to inadequate inventory management that allows a balance in the level of inventory without neglecting the estimated demand. Because of this, we propose an inventory management model and design a simulation system to evaluate the viability of this. From the results obtained, it is concluded that the proposed inventory management model will reduce inventory costs by 30.66%, avoiding excess inventories and optimizing costs.
UR - https://www.scopus.com/pages/publications/85104986672
U2 - 10.1145/3447432.3447441
DO - 10.1145/3447432.3447441
M3 - Contribución a la conferencia
AN - SCOPUS:85104986672
T3 - ACM International Conference Proceeding Series
SP - 83
EP - 87
BT - IEIM 2021 - 2nd International Conference on Industrial Engineering and Industrial Management
PB - Association for Computing Machinery
T2 - 2nd International Conference on Industrial Engineering and Industrial Management, IEIM 2021
Y2 - 8 January 2021 through 11 January 2021
ER -