Abstract
Today, companies are making efforts on inventory control enhancement in order to deliver products and services to their customers rapidly at low cost. There is no doubt that inventory control enhances the firms operations. Better inventory control means effective operations of a firm resulting in cost reduction and ultimately increasing on profit. The purpose of this paper is to showcase the significance of proper inventory control systems application in warehouses. The inventory control techniques applicable in the warehouse such as batch quantities, ordering methods and inventory classification and as well as the factors contributing to poor inventory control were highlighted in this paper.
| Original language | English |
|---|---|
| Pages (from-to) | 77-82 |
| Number of pages | 6 |
| Journal | Proceedings of the International Conference on Industrial Engineering and Operations Management |
| Volume | 2017 |
| Issue number | JUL |
| Publication status | Published - 2017 |
| Event | European International Conference on Industrial Engineering and Operations Management.IEOM 2017 - Duration: 24 Jul 2017 → 25 Jul 2017 |
Keywords
- Inventory
- Inventory control
- Warehouse
ASJC Scopus subject areas
- Strategy and Management
- Management Science and Operations Research
- Control and Systems Engineering
- Industrial and Manufacturing Engineering