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OPTIMIZATION OF INVENTORY MANAGEMENT IN A METALLURGICAL COMPANY

1 SIKOROVÁ Andrea
Co-authors:
1 LAMPA Martin 1 SAMOLEJOVÁ Andrea 1 DŮBRAVOVÁ Petra
Institution:
1 VSB - Technical University of Ostrava, Ostrava, Faculty of metallurgy and materials engineering, Czech Republic, EU, andrea.sikorova@vsb.cz, martin.lampa@vsb.cz, andrea.samolejova@vsb.cz
Conference:
27th International Conference on Metallurgy and Materials, Hotel Voronez I, Brno, Czech Republic, EU, May 23rd - 25th 2018
Proceedings:
Proceedings 27th International Conference on Metallurgy and Materials
Pages:
2080-2086
ISBN:
978-80-87294-84-0
ISSN:
2694-9296
Published:
24th October 2018
Proceedings of the conference were published in Web of Science and Scopus.
Metrics:
451 views / 267 downloads
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Abstract

The paper describes an analysis of storing and inventory management in a metallurgical company and proposes actions for the improvement of the current situation. Methods of ABC and XYZ analysis according to the preliminary determined criteria are used for the evaluation of inventory management. The paper also proposes the use of a consignment storehouse and implementation of the inventory management by the supplier for the selected material items.

Keywords: Logistics; inventory; analysis; consignation; storehouse

© 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.

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