Title :
Study on FMCG inventory control optimization
Author :
Sanyuan Zhou; Xiuxing Wang; Dawei Sun
Author_Institution :
School of Logistics School of Logistics, Beijing Wuzi University, China
fDate :
7/1/2015 12:00:00 AM
Abstract :
With the improvement of consumption, the FMCG market competition of China is becoming more intense. For our FMCG companies, how to gain a foothold in the fierce competition has been a problem. This paper studied on the FMCG inventory control. To solve the problem of FMCG companies large backlog of inventory and other issues, this paper studied the time-based vendor managed inventory replenishment policy which is based on the traditional inventory control, and take simulation analysis of inventory level under different transport delays and different inventory replenishment cycle. This paper provided a reference solution for the FMCG business enterprises.
Keywords :
"Inventory control","Companies","Supply chains","Delays","Delay effects"
Conference_Titel :
Logistics, Informatics and Service Sciences (LISS), 2015 International Conference on
DOI :
10.1109/LISS.2015.7369819