TY - GEN
T1 - Inventory Management Model Applying Cyclic Counting by ABC-AHP Classification in a Laboratory Equipment Distribution Company
AU - Medina, Gianmarco Chavez
AU - Cabello, Sebastian Espinoza
AU - Garcia, Yeimy Salvatierra
AU - Santivanez, Grimaldo Quispe
AU - Castaneda, Elva
N1 - Publisher Copyright:
© 2022 IEEE.
PY - 2022
Y1 - 2022
N2 - Inventory management is a vital aspect for distributors, since they need to maintain optimal inventory control. In this sense, this research work proposes an inventory management model applying the cycle counting method that seeks to minimize the inventory differences of a company that markets and distributes laboratory equipment. The proposed model is structured in four stages. In the first stage, a multi-criteria inventory classification was performed by applying the ABC-AHP analysis. In the second stage, the Holt method was applied as a forecasting technique. In the third stage, the inventory policies were established, being continuous review for class A and periodic review for classes B and C. In the last stage, cycle counting was developed as a method of inventory counting and indicators associated with the accuracy of the inventory register.
AB - Inventory management is a vital aspect for distributors, since they need to maintain optimal inventory control. In this sense, this research work proposes an inventory management model applying the cycle counting method that seeks to minimize the inventory differences of a company that markets and distributes laboratory equipment. The proposed model is structured in four stages. In the first stage, a multi-criteria inventory classification was performed by applying the ABC-AHP analysis. In the second stage, the Holt method was applied as a forecasting technique. In the third stage, the inventory policies were established, being continuous review for class A and periodic review for classes B and C. In the last stage, cycle counting was developed as a method of inventory counting and indicators associated with the accuracy of the inventory register.
KW - ABC Analysis
KW - Analytical Hierarchy Process (AHP)
KW - cycle counting
KW - inventory control
KW - inventory management
UR - https://www.scopus.com/pages/publications/85137009509
U2 - 10.1109/ICIM56520.2022.00034
DO - 10.1109/ICIM56520.2022.00034
M3 - Contribución a la conferencia
AN - SCOPUS:85137009509
T3 - Proceedings - 2022 8th International Conference on Information Management, ICIM 2022
SP - 151
EP - 154
BT - Proceedings - 2022 8th International Conference on Information Management, ICIM 2022
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 8th International Conference on Information Management, ICIM 2022
Y2 - 25 March 2022 through 27 March 2022
ER -