TY - GEN
T1 - Sales and Operation Planning Model to Improve Inventory Management in Peruvian SMEs
AU - Alfaro Santa Cruz, Alexa Karin
AU - Valverde Torres, Fanny Helena
AU - Ibanez, Carlos Raymundo
N1 - Publisher Copyright:
© 2019 IEEE.
PY - 2019/5/9
Y1 - 2019/5/9
N2 - Currently, most Peruvian SMEs are growing in the informal sector, thus they fail to establish their processes correctly or to have adequate inventory management. This has become a critical factor for their development, causing both economic and structural problems. On the other hand, there is a lack of research on inventory management in service companies. Therefore, a model is proposed for managing the inventories of service companies in the industrial machinery rental sector based on the Sales Operation Planning (SOP) tool. This model is based on a maturity model allowing the company to evaluate its current situation and identify the necessary requirements to be able to scale up SOP development in the company. The proposed model was implemented in a case study in Lima-Peru where the results obtained indicate that the inventory management was considerably improved, achieving an adequate SOP level. Thus, this model becomes a high value tool that reveals the actions needed to reach the ideal SOP level.
AB - Currently, most Peruvian SMEs are growing in the informal sector, thus they fail to establish their processes correctly or to have adequate inventory management. This has become a critical factor for their development, causing both economic and structural problems. On the other hand, there is a lack of research on inventory management in service companies. Therefore, a model is proposed for managing the inventories of service companies in the industrial machinery rental sector based on the Sales Operation Planning (SOP) tool. This model is based on a maturity model allowing the company to evaluate its current situation and identify the necessary requirements to be able to scale up SOP development in the company. The proposed model was implemented in a case study in Lima-Peru where the results obtained indicate that the inventory management was considerably improved, achieving an adequate SOP level. Thus, this model becomes a high value tool that reveals the actions needed to reach the ideal SOP level.
KW - inventory efficiency
KW - inventory management
KW - optimal level of stock
KW - optimal processes
KW - Sales and operation planning
KW - supply chain integration
UR - https://www.scopus.com/pages/publications/85066631123
U2 - 10.1109/ICITM.2019.8710734
DO - 10.1109/ICITM.2019.8710734
M3 - Contribución a la conferencia
AN - SCOPUS:85066631123
T3 - Proceedings of 2019 8th International Conference on Industrial Technology and Management, ICITM 2019
SP - 65
EP - 68
BT - Proceedings of 2019 8th International Conference on Industrial Technology and Management, ICITM 2019
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 8th International Conference on Industrial Technology and Management, ICITM 2019
Y2 - 2 March 2019 through 4 March 2019
ER -