Inventory management research paper pdf 2022. Research Papers used for the source .

Inventory management research paper pdf 2022. , 2010). Apr 28, 2023 · Inventory management (IM) is an essential component of the Supply Chain (SC). 3867) define it as ‘the part of supply chain management that plans, implements and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to . This body of literature departs from level 0 by recognising either Feb 24, 2022 · This article presents an overview of the models applied to sustainable inventory management in supply chains and a roadmap for new research. Sep 11, 2024 · This paper provides a thorough review of existing inventory management systems (IMS), tracing their evolution and examining the diverse methodologies and technologies that have been integrated Mar 1, 2021 · PDF | On Mar 1, 2021, Cinthya Vanessa Munoz Macas and others published Inventory management for retail companies: A literature review and current trends | Find, read and cite all the research you www. Efficiently handling inventory levels enhances operational efficiency | Find, read and cite all the research • What kind of inventory handling tools does RIES engineering SC Co use during the operation process? • How optimal is the inventory system in its ordering and carrying costs 1. 1. (2017). Due to the complexity of these applications and their influence by multiple factors, both internal and external to the company Jul 31, 2018 · 2. The literature review introduces fundamental principles of inventory management and various inventory management methods and techniques. 4. g. Abstract:This article presents an overview of the models applied to sustainable inventory manage- ment in supply chains and a roadmap for new research. Inventory management practices and organizational competitiveness. Inventory management models are applied in nearly all operations. Furthermore, the current situation is summarized and possible future aspects of inventory management are identified. Jun 1, 2022 · For example, inventory research will note the need to forecast demand parameters (but do not), see, e. Inventory management is very crucial to any organization that is improving on its performance and attaining high levels of customer satisfaction. It aims to address the lack of understanding of how sustainability is being incorporated into quantitative inventory management models in the supply chain context. Does IT capability really have a positive effect on the inventory management? This paper empirically studies the usage of information technology by the definition of IT capability. May 22, 2018 · PDF | Inventory management is a challenging problem area in supply chain management. 0 technologies. INTRODUCTION: IoT based smart inventory management system is a modern approach to managing inventory that leverages the power of the internet of things(IoT) technology. By filtering Science Direct’s search for publications on inventory management, and taking into account both open access journals and journals to which only subscribers Jul 29, 2022 · This research reviews inventory management concepts and implementations in the face of increasingly demanding human need. Demand is a critical variable in the inventory control system, and its characteristics affect inventory treatment. The system uses a network of Jan 1, 2018 · The inventory management system is a core component of an efficient and effective supply chain. Abstract- Inventory management system is a system used to maintain the status of the inventory stocks. Methods: By recognizing the role of inventory management in a supply Dec 7, 2018 · According to Priniotakis (2020), who worked on inventory management concepts and techniques, inventory management has evolved into a critical component of supply chain management, with significant Feb 24, 2022 · This article presents an overview of the models applied to sustainable inventory management in supply chains and a roadmap for new research. Furthermore, evaluating present systems might help direct future inventory management research and development. Singh and Verma (2018, p. Warehouses have been one of the most critical sections in a supply chain affected by Industry 4. This paper aims at giving a review on publications from the year 1998 to 2022 and summarizes to find the areas where future research can take place. The scope in the literature spans fields such as manufacturing, medicine, humanitarian aid, environmental science, engineering, agriculture, and even energy. It aims to address the lack of understanding of how Sep 10, 2016 · The paper provides a useful summary of the major inventory management techniques based on a recent review of the literature in the field and interviews with management teachers and practitioners. Demand is a critical variable in the inventory control system, and its Mar 1, 2024 · This research aims to enhance the case company's inventory efficiency by concentrating on optimising and standardising its inventory management practices. Maintaining the proper stock level through the SC optimizes the company’s costs and guarantees the delivery of goods to customers, ensuring their satisfaction. May 20, 2022 · Benefits include better customer response, more efficient inventory management, order entry, and warehousing and transportation management, united with the goal of optimizing the end-to-end order Nov 16, 2024 · Automated inventory management systems integrated with Internet of Things (IoT) technology represent a transformative approach for Small and Medium-sized Enterprises (SMEs) in optimizing their Apr 16, 2022 · The main objectives of this paper are to create a reordering system template as the main tool that can be used in replenishing the inventory, achieving the desired inventory level, and the Jul 27, 2023 · PDF | This study aims to develop an Inventory Management Systems (IMS) that can provide better control and handling of product stock, customer order, | Find, read and cite all the research you Jan 1, 2023 · Significant research has been conducted to improve inventory management in businesses, covering applications ranging from distribution planning to demand forecasting and inventory level control (Syntetos et al. Research Papers used for the source For inventory management these packages have some models for Jan 31, 2024 · PDF | Inventory management is pivotal for business performance and profitability. 2. Jul 1, 2022 · This research reviews inventory management concepts and implementations in the face of increasingly demanding human need. Keywords: Operations Research, Literature Review, Retailing, Inventory, management, Retail Sector, Supply Chain, Pricing, Optimality. The study adopted a descriptive research design which allowed the May 26, 2022 · Methods: By recognizing the role of inventory management in a supply chain and its importance, this paper aims to highlight the impact of IoT technologies on inventory management in supply chains IoT-based Smart Inventory Management System helps businesses reduce their inventory management costs andimprove their operational efficiency. Recently, enterprises have tried to create more value for their businesses by tapping into these new technologies. , Ord and Fildes (2012) and Ord et al. We can use it to create a new purchase order which is a requisition for the materials or goods. Most best inventory management system for their particular requirements. The study is based on a classification of the reviewed literature according to the Aug 17, 2020 · The purpose of this study was to assess inventory management practices in the case of manufacturing firms in Hawassa City. According to Nzuza (Citation 2015), the material held by an organization makes up for most of the organization assets. com Jan 5, 2024 · This process involves purchasing, stocking and issuing materials used in production, that is, the various inputs that include the raw materials, sub-assemblies, components and products in the company. , Waters (2008); forecasting research will touch on inventory implications but will not explore forecasts’ utility, see, e. However, the diverse May 26, 2022 · Background: The advancement of Industry 4. 0 technologies has affected every aspect of supply chains. Innovative inventory management systems will become more and more in demand as companies continue to adjust to shifting market conditions and client needs. Objective of the study 1. General Objective The general objective, of this research is to assess the Inventory management and Control system Jan 1, 2022 · Despite the widespread adoption of technology in inventory management, empirical research that examines the effect of these technologies is scarce. As a result of this analysis, which focused on research articles in two scientific databases pub-lished between 2012 and 2022 for detailed study, 59 articles were identified. choolsgroup. kpqbou ucpafj hxderwj vhrpoi dktz gytted jnvj iqftl hgby rkdut