This study took into consideration the relationship between effective system of inventory management and organization performance in the seven-up bottling company, Nile Mile Enugu. The researchers were motivated to embark on this study, in order to bring to fore the importance of effective inventory control system on organizational performance as it relates to the bottling company. A total of e...

 Radio Frequency Identification (RFID) is used to identify the characteristics of an object wirelessly using radio waves. The purpose of this technology in this study is mainly focused on healthcare for inventory management and theft control replacing the manual logs. The storage and tracking of high-cost inventory items is developed. Automatic reordering and billing interfaces are designed for...

inventory control is one of the most important issues in supply chain management. in this paper, a three-echelon production, distribution, inventory system composed of one producer, a set of wholesalers and retailers is considered. costumers' demands can be approximated by a normal distribution and the inventory policy is a kind of continuous review (r, q). in this paper, a model based on ...

This paper examines several inventory replenishment policies for a make-to-order inventory–production system that consists of a production workshop and a warehouse. Demands arrive to the production workshop according to a Poisson process, and are processed in an FCFS manner. The production workshop requires that the warehouse provides, as needed, raw materials for use in the production process....

The management of production and inventory control associated activities in remanufacturing production system has received attention by practitioners in the last two decades. This is due to the increased productivity, limited supply of virgin materials, stringent environmental requirements for product disposal and treatment as well as substatial change in global sustainability regulations. In o...

Recent advances in single-board computer technology have allowed for lightweight, power-efficient devices, such as the Raspberry Pi, to take the place of desktop PCs in certain applications. This has the potential to disrupt the way many current systems are structured, particularly for inventory management and control applications. In this paper, we explore the design and topology of a modular ...

Stock control is the most important aspect in an inventory system. It determines the safety stock in order to ensure that products are readily available when the customers require them. The decision makers in organizations tend to rely on software solution in obtaining stock control solutions since they have to manage a massive number of Stock Keeping Units (SKUs). However, managers intervene i...

The M system is a representative assemble-to-order inventory system with two components and three products. We apply a previously-developed stochastic programming (SP) based approach to this case, focusing on complexity reduction and numerical testing. We show that the general procedure of the SP-based approach can be simplified. The base stock levels are determined by solving a non-linear opti...

A manufacturing facility consisting of two stations in tandem operates in a maketo-stock mode: after production, items are placed in a finished goods inventory that services an exogenous demand. Demand that cannot be met from inventory is backordered. Each station is modelled as a queue with controllable production rate, and the problem is to control these rates to minimize inventory holding an...