ABC analysis in a company within the technical industry. Case study for a Company

Abstract

The aim of the research is to help the client company to find out how they can optimize the inventory for selected products and still maintain a good customer service level. The client company is an electronic material wholesaler in Finland. The purpose of this research is to find out the products that are coming from the client company’s manufacturer A and B are eligible to be put into the warehouse stock of should be produced on order. The method chosen for this research was the qualitative research method. With the qualitative research’s characteristics, it does support this study competently. Thus, Bryman and Bell’s steps of the qualitative method was implemented as this research primary method. As per the research’s secondary data source, relevant studies, publications, and other scientific materials were also used. The gathered data primary and secondary, were evaluated from the writer’s perspective and knowledge of business logistics. Results showed that there are number of products that can be put into the client company’s warehouse. At the same time there are products that just makes sense to produce on order due to the factors of its sales amount and revenue, its physical nature, and manufacturing location. Data collection was conducted during the spring of 2022, and Finalized during the Autumn of 2022.