TY - GEN
T1 - Inventory control model based on Big Data, EOQ, ABC and forecast to increase productivity in a hardware SME
AU - Quiroz-Flores, Juan Carlos
AU - Caceres-Paitan, Darien
AU - Avila-Nolasco, Rocio
N1 - Publisher Copyright:
© 2023 ACM.
PY - 2023/2/1
Y1 - 2023/2/1
N2 - Within the commercial sector, SMEs represent more than 90% of all companies; they are responsible for 50% of GDP and generate between 60% and 70% of employment worldwide, which is why they are critical in the Peruvian economy. However, through an exhaustive review of the literature and sectoral analysis, we concluded they have a high risk of failure in the short term due to various problems, such as poor inventory management. In Peru, the provisions for carrying out inventories usually have a ratio of between 1% and 1.4% of the total inventory stock; thus, SMEs belonging to the hardware sector more frequently present this problem that affects the profitability of their companies. For this reason, the need arises to design an inventory control model that increases the productivity of hardware SMEs. After the pilot implementation of the first component, an increase in distribution efficiency of 11% is achieved, and its effectiveness is supported by simulating the entire model, obtaining the same results.
AB - Within the commercial sector, SMEs represent more than 90% of all companies; they are responsible for 50% of GDP and generate between 60% and 70% of employment worldwide, which is why they are critical in the Peruvian economy. However, through an exhaustive review of the literature and sectoral analysis, we concluded they have a high risk of failure in the short term due to various problems, such as poor inventory management. In Peru, the provisions for carrying out inventories usually have a ratio of between 1% and 1.4% of the total inventory stock; thus, SMEs belonging to the hardware sector more frequently present this problem that affects the profitability of their companies. For this reason, the need arises to design an inventory control model that increases the productivity of hardware SMEs. After the pilot implementation of the first component, an increase in distribution efficiency of 11% is achieved, and its effectiveness is supported by simulating the entire model, obtaining the same results.
KW - ABC analysis
KW - Big Data
KW - EOQ
KW - Increased productivity
KW - inventory control
KW - SMEs
UR - https://www.scopus.com/pages/publications/85160518523
U2 - 10.1145/3588243.3588245
DO - 10.1145/3588243.3588245
M3 - Contribución a la conferencia
AN - SCOPUS:85160518523
T3 - ACM International Conference Proceeding Series
SP - 271
EP - 275
BT - Proceedings of the 2023 14th International Conference on E-Education, E-Business, E-Management and E-Learning, IC4E 2023
PB - Association for Computing Machinery
T2 - 14th International Conference on E-Education, E-Business, E-Management and E-Learning, IC4E 2023
Y2 - 1 February 2023 through 4 February 2023
ER -