TY - GEN
T1 - Replenishment system using inventory models with continuous review and quantitative forecasting to reduce stock-outs in a commercial company
AU - Malca-Ramirez, Carlos
AU - Nuñez-Salome, Luis
AU - Altamirano, Ernesto
AU - Alvarez-Merino, José
N1 - Publisher Copyright:
© Springer Nature Switzerland AG 2020.
PY - 2020
Y1 - 2020
N2 - In recent years, stock-outs significantly affects commercial enterprises with deficit equivalent to a large percentage of the total sales, due to its impact on current and future demand, regardless of their financial success. Carried out a qualitative and quantitative analysis of the current situation to identify the problem. In addition, the root causes were identified with the help of quality tools such as Pareto chart and Ishikawa and a questionnaire based on the SCOR model and management indicators. In this way why it is proposed a replenishment system applying models of inventories with continuous review and quantitative forecasts. The proposal consists of five phases: (i) identify the key products; (ii) Do quantitative forecasting; (iii) Determine inventory levels. (iv) Establish the new flow of information; (v) Establish new policies and procedures. We evaluate the models of inventories and forecasts through the program @Risk.
AB - In recent years, stock-outs significantly affects commercial enterprises with deficit equivalent to a large percentage of the total sales, due to its impact on current and future demand, regardless of their financial success. Carried out a qualitative and quantitative analysis of the current situation to identify the problem. In addition, the root causes were identified with the help of quality tools such as Pareto chart and Ishikawa and a questionnaire based on the SCOR model and management indicators. In this way why it is proposed a replenishment system applying models of inventories with continuous review and quantitative forecasts. The proposal consists of five phases: (i) identify the key products; (ii) Do quantitative forecasting; (iii) Determine inventory levels. (iv) Establish the new flow of information; (v) Establish new policies and procedures. We evaluate the models of inventories and forecasts through the program @Risk.
KW - Continuous review replenishment system
KW - Forecast
KW - Inventory management
KW - Retails
KW - Stock outs
UR - https://www.scopus.com/pages/publications/85081893434
U2 - 10.1007/978-3-030-39512-4_105
DO - 10.1007/978-3-030-39512-4_105
M3 - Contribución a la conferencia
AN - SCOPUS:85081893434
SN - 9783030395117
T3 - Advances in Intelligent Systems and Computing
SP - 683
EP - 689
BT - Intelligent Human Systems Integration - Proceedings of the 3rd International Conference on Intelligent Human Systems Integration IHSI 2020
A2 - Ahram, Tareq
A2 - Karwowski, Waldemar
A2 - Vergnano, Alberto
A2 - Leali, Francesco
A2 - Taiar, Redha
PB - Springer
T2 - 3rd International Conference on Intelligent Human Systems Integration, IHSI 2020
Y2 - 19 February 2020 through 21 February 2020
ER -