Inventory Management Model under the Lean Warehousing Approach to Reduce the Rate of Returns in SME Distributors

Maria Antonieta Serna-Ampuero; Mauricio Arias-Navarro; Juan Carlos Quiroz-Flores

doi:10.1145/3568834.3568894

Inventory Management Model under the Lean Warehousing Approach to Reduce the Rate of Returns in SME Distributors

Maria Antonieta Serna-Ampuero
, Mauricio Arias-Navarro
, Juan Carlos Quiroz-Flores

Research output: Chapter in Book/Report › Conference contribution › peer-review

6 Scopus citations

Abstract

Companies in the wholesale sector face the challenge of maintaining a good level of service, so they must have their processes well controlled. The article studies a cleaning products distributor, which has a high rate of returned orders, caused by incomplete orders, late deliveries, and products in poor condition. This has generated a significant economic impact since companies dedicated to wholesale distribution do not have a high-profit margin. Therefore, the goal is to improve warehouse management and the inventory control and recording process through the 5S, ABC classification, and a continuous inventory review model (Q, r). It is expected to reduce picking search time by 53.89%. It is also expected to reduce the inaccuracy of the inventory register to 8.36% and the percentage of stock out to 8%.

Original language	American English
Title of host publication	2022 8th International Conference on Industrial and Business Engineering, ICIBE 2022
Publisher	Association for Computing Machinery
Pages	103-108
Number of pages	6
ISBN (Electronic)	9781450397582
DOIs	https://doi.org/10.1145/3568834.3568894
State	Indexed - 27 Sep 2022
Externally published	Yes
Event	8th International Conference on Industrial and Business Engineering, ICIBE 2022 - Virtual, Online, China Duration: 27 Sep 2022 → 29 Sep 2022

Publication series

Name	ACM International Conference Proceeding Series

Conference

Conference	8th International Conference on Industrial and Business Engineering, ICIBE 2022
Country/Territory	China
City	Virtual, Online
Period	27/09/22 → 29/09/22

Bibliographical note

Publisher Copyright:
© 2022 ACM.

Keywords

ABC analysis
Continuous Review System
inventory control
product returns
SMEs

Access to Document

10.1145/3568834.3568894

Cite this

Serna-Ampuero, M. A., Arias-Navarro, M., & Quiroz-Flores, J. C. (2022). Inventory Management Model under the Lean Warehousing Approach to Reduce the Rate of Returns in SME Distributors. In 2022 8th International Conference on Industrial and Business Engineering, ICIBE 2022 (pp. 103-108). (ACM International Conference Proceeding Series). Association for Computing Machinery. https://doi.org/10.1145/3568834.3568894

Serna-Ampuero, Maria Antonieta ; Arias-Navarro, Mauricio ; Quiroz-Flores, Juan Carlos. / Inventory Management Model under the Lean Warehousing Approach to Reduce the Rate of Returns in SME Distributors. 2022 8th International Conference on Industrial and Business Engineering, ICIBE 2022. Association for Computing Machinery, 2022. pp. 103-108 (ACM International Conference Proceeding Series).

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title = "Inventory Management Model under the Lean Warehousing Approach to Reduce the Rate of Returns in SME Distributors",

abstract = "Companies in the wholesale sector face the challenge of maintaining a good level of service, so they must have their processes well controlled. The article studies a cleaning products distributor, which has a high rate of returned orders, caused by incomplete orders, late deliveries, and products in poor condition. This has generated a significant economic impact since companies dedicated to wholesale distribution do not have a high-profit margin. Therefore, the goal is to improve warehouse management and the inventory control and recording process through the 5S, ABC classification, and a continuous inventory review model (Q, r). It is expected to reduce picking search time by 53.89\%. It is also expected to reduce the inaccuracy of the inventory register to 8.36\% and the percentage of stock out to 8\%.",

keywords = "ABC analysis, Continuous Review System, inventory control, product returns, SMEs",

author = "Serna-Ampuero, \{Maria Antonieta\} and Mauricio Arias-Navarro and Quiroz-Flores, \{Juan Carlos\}",

note = "Publisher Copyright: {\textcopyright} 2022 ACM.; 8th International Conference on Industrial and Business Engineering, ICIBE 2022 ; Conference date: 27-09-2022 Through 29-09-2022",

year = "2022",

month = sep,

day = "27",

doi = "10.1145/3568834.3568894",

language = "American English",

series = "ACM International Conference Proceeding Series",

publisher = "Association for Computing Machinery",

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Serna-Ampuero, MA, Arias-Navarro, M & Quiroz-Flores, JC 2022, Inventory Management Model under the Lean Warehousing Approach to Reduce the Rate of Returns in SME Distributors. in 2022 8th International Conference on Industrial and Business Engineering, ICIBE 2022. ACM International Conference Proceeding Series, Association for Computing Machinery, pp. 103-108, 8th International Conference on Industrial and Business Engineering, ICIBE 2022, Virtual, Online, China, 27/09/22. https://doi.org/10.1145/3568834.3568894

Inventory Management Model under the Lean Warehousing Approach to Reduce the Rate of Returns in SME Distributors. / Serna-Ampuero, Maria Antonieta; Arias-Navarro, Mauricio; Quiroz-Flores, Juan Carlos.
2022 8th International Conference on Industrial and Business Engineering, ICIBE 2022. Association for Computing Machinery, 2022. p. 103-108 (ACM International Conference Proceeding Series).

Research output: Chapter in Book/Report › Conference contribution › peer-review

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AU - Arias-Navarro, Mauricio

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PY - 2022/9/27

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AB - Companies in the wholesale sector face the challenge of maintaining a good level of service, so they must have their processes well controlled. The article studies a cleaning products distributor, which has a high rate of returned orders, caused by incomplete orders, late deliveries, and products in poor condition. This has generated a significant economic impact since companies dedicated to wholesale distribution do not have a high-profit margin. Therefore, the goal is to improve warehouse management and the inventory control and recording process through the 5S, ABC classification, and a continuous inventory review model (Q, r). It is expected to reduce picking search time by 53.89%. It is also expected to reduce the inaccuracy of the inventory register to 8.36% and the percentage of stock out to 8%.

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KW - product returns

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Serna-Ampuero MA, Arias-Navarro M, Quiroz-Flores JC. Inventory Management Model under the Lean Warehousing Approach to Reduce the Rate of Returns in SME Distributors. In 2022 8th International Conference on Industrial and Business Engineering, ICIBE 2022. Association for Computing Machinery. 2022. p. 103-108. (ACM International Conference Proceeding Series). doi: 10.1145/3568834.3568894

Inventory Management Model under the Lean Warehousing Approach to Reduce the Rate of Returns in SME Distributors

Abstract

Publication series

Conference

Bibliographical note

Keywords

Access to Document

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Cite this