Setting economic order quantities and reorder levels for A-class items : case: Metropoli Kaluste Oy & Cila Oy
Puonti, Perttu (2015)
Metropolia Ammattikorkeakoulu
2015
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-201504285353
https://urn.fi/URN:NBN:fi:amk-201504285353
Tiivistelmä
The purpose of this thesis was to improve the inventory control methods used by the logistics manager of Metropoli Kaluste and Cila. Since the current order process has been unsatisfactory, leading to lost sales and unwanted inventory, new approaches were needed for more accurate order quantities and better timing for an order placement.
The economic order quantity and reorder level formula were the points of focus in this thesis, mainly because they are the most practical and usable methods for approaching the questions surrounding the ordering process.
The final result is a usable Excel sheet which can be used by the logistics manager to help him in deciding the right order quantities and the right times to place orders. The Excel sheet generated will give Metropoli Kaluste and Cila the first tools for improving their inventory management. Further actions should be taken such as integrating the Excel sheet into the organization's ERP system for it to be more efficient.
The economic order quantity and reorder level formula were the points of focus in this thesis, mainly because they are the most practical and usable methods for approaching the questions surrounding the ordering process.
The final result is a usable Excel sheet which can be used by the logistics manager to help him in deciding the right order quantities and the right times to place orders. The Excel sheet generated will give Metropoli Kaluste and Cila the first tools for improving their inventory management. Further actions should be taken such as integrating the Excel sheet into the organization's ERP system for it to be more efficient.