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Inventory Management Model for Reducing Stockout rate by Applying Lean Warehousing and DDMRP Tools in a SMEs in the Commercial Sector

Research output: Chapter in Book/ReportConference contributionpeer-review

3 Scopus citations

Abstract

This case study addresses the problem of stock-outs and purchase planning, which represent the greatest impact on the economic loss for the company studied. For the analysis of the problem and the proposal approach, a focus was made on the main products sold, the Value Stream Mapping tool was used for the process analysis and the analysis of the main causes by means of Pareto diagrams and the Systematic Interrogation Technique. The implementation of the 5S methodology is proposed hand in hand with the Visual Management to have a better control of the stock and improve the workflow, in addition, the purchase planning is proposed from the application of the DDMRP tool with the objective of being able to meet the demand and have lower losses due to expiration of products. Finally, through the application and simulation of the proposed tools, an average reduction of 28.3% in warehouse ordering times and 25% in order preparation times is evidenced, likewise the DDMRP tool shows a reduction of stock breakage, managing to cover 100% of the demand.

Original languageAmerican English
Title of host publication13th International Workshop on Computer Science and Engineering, WCSE 2023
PublisherInternational Workshop on Computer Science and Engineering (WCSE)
Pages365-374
Number of pages10
ISBN (Electronic)9789811879500
DOIs
StateIndexed - 2023
Externally publishedYes
Event2023 13th International Workshop on Computer Science and Engineering, WCSE 2023 - Hybrid, Singapore, Singapore
Duration: 16 Jun 202318 Jun 2023

Publication series

Name13th International Workshop on Computer Science and Engineering, WCSE 2023

Conference

Conference2023 13th International Workshop on Computer Science and Engineering, WCSE 2023
Country/TerritorySingapore
CityHybrid, Singapore
Period16/06/2318/06/23

Bibliographical note

Publisher Copyright:
© WCSE 2023.All rights reserved.

Keywords

  • 5S
  • Commercial Sector
  • DDMRP
  • Lean Warehousing
  • SMEs
  • Stockout
  • Visual Management

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