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SOP impact on inventory management in a Peruvian textile company

  • Universidad Peruana de Ciencias Aplicadas

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Scopus citations

Abstract

Small and medium-sized enterprises present with a set of problems due to improper supply chain planning; a relevant issue is inadequate inventory management due to poor demand forecasting accuracy. Consequently, this results in difficulties in effectively balancing supply and demand, which in turn means that areas such as purchasing, production, and inventories do not interrelate with one another, resulting in a negative economic impact. The proposal shown in this article is to apply the Sales and Operations Planning tool (SOP) to a textile company, highlighting its potential impact on the company's inventories.

Original languageEnglish
Title of host publication2019 Congreso Internacional de Innovacion y Tendencias en Ingenieria, CONIITI 2019 - Conference Proceedings
EditorsMonica Andrea Rico Martinez
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781728147468
DOIs
StatePublished - Oct 2019
Event2019 Congreso Internacional de Innovacion y Tendencias en Ingenieria, CONIITI 2019 - 5th International Conference on Innovation and Trends in Engineering, CONIITI 2019 - Bogota, Colombia
Duration: 2 Oct 20194 Oct 2019

Publication series

Name2019 Congreso Internacional de Innovacion y Tendencias en Ingenieria, CONIITI 2019 - Conference Proceedings

Conference

Conference2019 Congreso Internacional de Innovacion y Tendencias en Ingenieria, CONIITI 2019 - 5th International Conference on Innovation and Trends in Engineering, CONIITI 2019
Country/TerritoryColombia
CityBogota
Period2/10/194/10/19

Keywords

  • demand management
  • inventory management
  • sales and operations planning (SOP)
  • supply chain management

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