Supply Chain Optimization. Supplier shortage and inventory strategy adaptation.
Markelov, Egor (2019)
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Nowadays, companies strive to enhance their competitive edge on the market by means of Supply Chain Optimization. For optimization process, the Supply Chain Network is studied, identifying possible improvement opportunities for the overall business contribution. This thesis was assigned by a logistics company, Metropresss LLC. Metropress LLC is the monopolist Saint Petersburg’s company, which distributes and sells goods in the metro and nearby areas. The goal of this study was to assist the host company’s project in the supplier shortage and inventory strategy implementation. During the research, the author applied different research methods, including qualitative and quantitative methodologies. For the realization of those techniques, needed data was obtained by means of literature review, focus groups, interviews and observations. Gathered data was processed, allowing the researcher to support the Metropress’ project realization and make valuable advices for further steps of its implementation. Supplier selection process, based on the criteria parameters, was run. In addition to that, Inventory management theme was explained. In accordance with the observed Metropress’ business principles and operational capabilities, the appropriate inventory strategy plan was offered. As a result, the outcomes, made by the researcher could be used for elaboration on the next stages of the project. Supplier shortage process could be implemented, anticipating new supplier-related risks and with no disruption to the current supplier relationship. In addition, the inventory management quantitative analysis results can be used for fostering correct order size, safety stock and replenishment level parameters for each of the studied SKU according to the changed delivery terms, provided by the possible new supplier. During the next stages of the Metropress’ project implementation, guideline and example on inventory-related data calculations could be used for estimation and fostering of the financial strategy in terms of the tobacco product category purchases.