Analysis of inventories on the example of selected enterprises (pt.2) – ABC/XYZ analysis
Analysis of inventories on the example of selected enterprises (pt.2) – ABC/XYZ analysis As all investigated companies kept excessive stocks, the next step of the investigation was to identify the product groups that had the greatest impact on the low level of turnover. For this purpose, the ABC/XYZ analysis method was used. The criterion...
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Analysis of inventories on the example of selected enterprises (pt.3) – results of ABC/XYZ analysis The results of ABC/XYZ analysis from last publication for the interior trim company, expressed as the number of indexes and the value of inventories in particular groups, are presented in Figures 1 and 2. Figure 1. ABC/XYZ analysis results...
Explore moreSafety Stock
The stock maintained to ensure the adopted level of customer service is called the safety stock [Krzyżaniak 2008; Klimczak 2001]. In the literature, this stock is also defined as a part of the stock created in order to protect against the occurrence of higher demand than planned or to extend the delivery time of an […]
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Demand is defined as ‘a need for goods or services’ [Drabik and Sobol 2014]. In the book by Ziomek [2006], the term is described as “the amount of goods and services that a buyer wants to buy at a given price”. According to Philip Kotler [1999], the notion of demand must be seen in the […]
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