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The Improvement of the Inventory Process in the Company "Benlian Food" Niš by Applying the Pom-Qm 4.0 Software
Keywords:
inventory management, optimization, supply chains, forecasting, POM-QM software for Windows 4.0
Abstract:
One of the most important factors of an enterprise’s efficiency is also the adjusting of supply with demand requirements. Logistics, as an integral function of an enterprise that establishes and develops relations with the environment and, in a targeted manner, directs the subsystems of a company towards the main goal of its existence and operation, is the most appropriate tool for the management of an enterprise in the modern dynamic environment. In many enterprises, inventory optimization is a major problem. Mainly, such enterprises are characterized by poor customer service, such as a failure to adhere to delivery deadlines. Bearing in mind the state of Serbian companies, few enterprises can boast of their applying scientific knowledge in the field of inventory optimization in practice. The subject of our research is the optimization of the inventory n the company Benlian Food Niš. The management of the company find it rather significant to know approximately exact quantities needed for the next year. Given the fact that this is an importing company with its production, too, more precise quantities would be of great help, because in such a way, management would be making more adequate decisions on when and how many products to import and produce.
CITATION:
IEEE format
M. Stojanović, D. Regodić, “The Improvement of the Inventory Process in the Company "Benlian Food" Niš by Applying the Pom-Qm 4.0 Software,” in Sinteza 2016 - International Scientific Conference on ICT and E-Business Related Research, Belgrade, Singidunum University, Serbia, 2016, pp. 257-264. doi:10.15308/Sinteza-2016-257-264
APA format
Stojanović, M., Regodić, D. (2016). The Improvement of the Inventory Process in the Company "Benlian Food" Niš by Applying the Pom-Qm 4.0 Software. Paper presented at Sinteza 2016 - International Scientific Conference on ICT and E-Business Related Research. doi:10.15308/Sinteza-2016-257-264
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