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Method and Application of Manufacturing Industry Breaking Inventory Management Bottleneck
Author(s): Dong Peng, Guo Limei, Jin Yifan
Pages: 57-
60
Year: 2013
Issue:
3
Journal: Bus & Coach Technology and Research
Keyword: inventory management; target management; ABC classification; management tool;
Abstract: The authors analyse the bottleneck of traditional inventory management and relative view points of inven-tory management, and find out the reason of inventory backlog of Carlisle company finished products and its bad in-fluence on enterprises. Combined with the example of Carlisle company to reduce the inventory backlog, they point out that the application of management tools, such as objectives management, fishbone diagram, ABC classification, is the most effective method to reduce the inventory backlog. This can provide reference to related manufacturing in-dustry for effective inventory management.
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