Application of Abc-Xyz Analysis in the Process of Forming a Production Program of the Enterprise

Chichulina, Kseniia; Skryl, Vitalia

doi:10.23856/2604

Cited by 2 publications

(3 citation statements)

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“…ABC analysis is a method of increasing the efficiency and effectiveness of the firm's sales and purchase system. The most common method of ABC analysis is used to optimize the range of goods (assortment) and its inventories to increase sales by identifying the most promising groups of products that bring the maximum profit for the firm (Chichulina and Skryl, 2018). This type of analysis is based on Pareto’s rule: “20 per cent of the products provide 80 per cent of the firm’s profits.” In conducting product analysis, all goods are divided into three groups:…”

Section: An Illustration Of the Model Using A Case Studymentioning

confidence: 99%

“…While AX, BX and CX products are characterized by high trade turnover and stability and there is no need to create an excessive safety stock, the consumption stability for AY, BY and CY groups is low; therefore, it is recommended to increase their safety stock. AZ, BZ and CZ products are characterized by low predictability of consumption, which indicates that it is difficult to plan an appropriate forecast (Chichulina and Skryl, 2018). The use of XYZ analysis can greatly reduce the time that a manager spends managing and controlling the products of this group.…”

Section: An Illustration Of the Model Using A Case Studymentioning

confidence: 99%

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Collaborative and sustainable supply chain practices: a case study

Serrano

González

Gascó

et al. 2019

JEC

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Purpose The purpose of this paper is to explore sustainability and collaboration in supply chain (SC) management designs and to develop a sustainable supply chain design (SCD) model. Design/methodology/approach First, a literature review of the principal theories and SC management approaches is discussed. Second, the development of a sustainable SCD model is described and explained. Third, the results and the operationalization of the model, which incorporates sustainable procurement elements based on the results of interviews from a case study, are outlined. Findings A framework is proposed to provide managers, practitioners and academics with a practical solution to make sustainable SC decisions in a more structured and consistent manner. Originality/value The paper presents a currently discussed problem about the design of differentiated supply chains to avoid or offset the effects of allocation issues in the electronic marketplace. Although past literature reviews provide valuable results, they were based upon the assessment of supply chain decisions failing to consider the sustainable corporate social responsibility and the interaction criteria. The findings from this study highlight the importance of addressing supply chain decisions in a structured manner and prioritize the development of dynamic capabilities to improve the firm’s ability to reconfigure internal and external competences to address rapidly changing environments and reinforce a collaborative SC management system with third parties.

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Section: An Illustration Of the Model Using A Case Studymentioning

confidence: 99%

Section: An Illustration Of the Model Using A Case Studymentioning

confidence: 99%

Collaborative and sustainable supply chain practices: a case study

Serrano

González

Gascó

et al. 2019

JEC

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“…Cappanera et al (2019) analyzed the inventory control system for drugs considering the impact of healthcare stakeholders. Several types of research on classification analysis on inventory management with ABC-XYZ have been conducted meanwhile, Proceedings of the International Conference on Industrial Engineering andOperations Management Nsukka, Nigeria, 5 -7 April, 2022 including (Scholz-Reiter et al 2012;Chichulina and Skryl, 2018;Konikov, 2019;Stevic and Merima, 2021), although few cover this analysis in the healthcare industry.…”

Section: Introductionmentioning

confidence: 99%

Integration of ABC-XYZ Analysis in Inventory Management Optimization: A Case Study in the Health Industry

Gabriel¹,

Nurcahyo²

2022

Proceedings of the International Conference on Industrial Engineering and Operations Management

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During the pandemic, the health sector has taken the lead. This is due to the growing demand for medical equipment and medications to treat COVID-19, which has caused the healthcare industry to expand. Manufacturing industry developments are inextricably linked to the strength of the supply chain. Inventory management is a vital activity in supply chain management since, to fulfil consumer demand, especially during a pandemic like this, medical equipment supplies raw materials must be accessible to avoid stockouts, which have a serious effect. Given these conditions, further investigation is required. This study aims to create an adequate inventory policy for medical items based on characteristics. Inventory policy is defined by categorizing commodities using the ABC and XYZ classification methods integrated. Based on the list of products and demand information, these things are categorized and prioritized in problem-solving to create improved and effective inventory management techniques.

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Application of Abc-Xyz Analysis in the Process of Forming a Production Program of the Enterprise

Cited by 2 publications

References 0 publications

Collaborative and sustainable supply chain practices: a case study

Collaborative and sustainable supply chain practices: a case study

Integration of ABC-XYZ Analysis in Inventory Management Optimization: A Case Study in the Health Industry

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