from the conferences organized by TANGER Ltd.
Fluctuations in consumption of stocks (inventory consumption) can significantly influence comprehensive strategies for warehouse management. Stocks (inventory items) always mean the emergence of secondary costs arising from their possession. High fluctuations in consumption of stocks may then cause higher levels of safety stock and thus higher maintenance costs. The current extremely competitive environment is forcing all businesses to constantly look for potential sources of savings. An interesting option is the precise identification of the amount of variability in inventory consumption and subsequent optimization of the amount of warehouse stocks. The article deals with the analysis of the possibility of classifying stocks and experimental analysis of variability in inventory consumption. The analysis of the variability in inventory consumption was carried out within a selected company in the Czech Republic. Conclusions of the research performed are presented in the article content.
Keywords: stocks, methods, costs, price, calculation© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.