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About Effective Inventory Management in The Automotive Industry, A Literature Study
This bachelor's thesis explores effective inventory management techniques in the automotive industry through a literature review. The author analyzes scientific articles on inventory management costs and tools. Four key factors for cost-effective management are identified: quantity, predictability, prioritization, and information. Techniques like economic order quantity analysis, ABC analysis, just-in-time, and safety stock are discussed. Demand forecasting and data management through Industry 4.0 are also important. Manufacturer-supplier relationships impact inventory management effectiveness. The literature review provides insights into linking inventory management tools and concepts to their financial impacts.
Detailed Information
| Author: | ['debasri'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 32 |
| Language: | English |
| Format: | |
| Price: | FREE |
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