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  Published Paper Details:

  Paper Title

Inventory Replenishment Level model application for a furniture manufacturer

  Authors

  Tran Minh Khai,  Tran Minh Dang,  Tran Huu Hoa,  Nguyen Thanh Dat,  Ngoc-Hien Do

  Keywords

Inventory, Inventory Replenishment Level, Furniture Manufacturing, Effective Inventory Management.

  Abstract


All businesses and institutions, particularly manufacturing companies, depend significantly on inventory. Effective inventory management is also a key component of supply chain management, as it can help reduce lead times, improve on-time delivery, and enhance overall supply chain performance effectively. The company, a case study, suffered significant losses in orders as a result of a lack of inventory policy. Therefore, an effective inventory model or policy would be figured out, which could help company increase profitability, eliminate stockouts, and optimize inventory levels. An efficiently implementing and managing every component of the Inventory Replenishment Level model would be introduced. In addition, the study would be applied to most items producing at this company.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2401052

  Paper ID - 248938

  Page Number(s) - a418-a425

  Pubished in - Volume 12 | Issue 1 | January 2024

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Tran Minh Khai,  Tran Minh Dang,  Tran Huu Hoa,  Nguyen Thanh Dat,  Ngoc-Hien Do,   "Inventory Replenishment Level model application for a furniture manufacturer", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.12, Issue 1, pp.a418-a425, January 2024, Available at :http://www.ijcrt.org/papers/IJCRT2401052.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


ISSN
ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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