Principer för lagerstyrning hos GNT Group
Independent thesis Basic level (professional degree)Student thesisAlternative title
Principles for Inventory Management at the GNT Group (English)
GNT Group is a Nordic/Baltic wholesaler that distributes products in the IT, entertainment and home electronics sector. GNT is facing problems with inaccurate inventory levels which can lead to unnecessarily high inventory carrying costs or lost sales. Currently the decisions about when and how many to order are made somewhat arbitrarily by the responsible personnel. Their decisions are based only on some brief sales history and on experience.
GNT wants to develop its ERP system to be able to support the purchaser in these and other related decisions. The purpose of this thesis is to give suggestions to what decisions the ERP system should support and how these decisions can be made.
The three main tasks in this thesis are to suggest how to calculate the optimal order quantity, how to calculate the optimal ordering point and how to decide whether it can be profitable to store an article in only one of GNT’s warehouses.
The suggested solution is based on a volume value/demand frequency classification which also takes an item’s life cycle characteristics into consideration. For the different classes suitable calculations and decisions are suggested concerning the three main tasks and issues related to them.
Place, publisher, year, edition, pages
Institutionen för produktionsekonomi , 2004. , 64 p.
Business and economics, Inventory management, replenishment methods, safety stock, classification, EOQ, EOI
Economics and Business
IdentifiersURN: urn:nbn:se:liu:diva-2231ISRN: LITH-IPE-EX--04/699--SEOAI: oai:DiVA.org:liu-2231DiVA: diva2:19561