A model for stock management in a woodprocessing and furniture manufacturing company
Stock management includes processes such as stock monitoring, restocking i.e. ordering new stock and preventing stock sell-out. Stock is essential for smooth operation, supply and purchasing. This article develops a model for stock management in a hypothetical woodprocessing company, where part of p...
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University of Zagreb, Faculty of Forestry and Wood Technology
2008
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oai:doaj.org-article:7c7431647aa940bea540c4c14a2aecbd2021-12-02T05:40:56ZA model for stock management in a woodprocessing and furniture manufacturing company0012-6772https://doaj.org/article/7c7431647aa940bea540c4c14a2aecbd2008-02-01T00:00:00Zhttp://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=33198https://doaj.org/toc/0012-6772Stock management includes processes such as stock monitoring, restocking i.e. ordering new stock and preventing stock sell-out. Stock is essential for smooth operation, supply and purchasing. This article develops a model for stock management in a hypothetical woodprocessing company, where part of production is intended foran unknown customer. We designed a model for periodical monitoring of product group stock by using simple exponent regulation and ordering up to the target stock. The adjusted quantities of sales budget are launched into production with the help of a multi-criteria decision-making model. The designed model enables an optimum level of intermediate product stock, unfinished production and the final product stock. Flowchart technique is used for showingthe reshaped process of presenting the sales budget and ordering of materials.Leon OblakDenis JelačićDarko MotikTomislav GrladinovićUniversity of Zagreb, Faculty of Forestry and Wood Technologyarticlewoodprocessingfurniture manufacturestock managementmodellingmulti criteria decision makingForestrySD1-669.5ENDrvna Industrija, Vol 58, Iss 4, Pp 173-181 (2008) |
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DOAJ |
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DOAJ |
language |
EN |
topic |
woodprocessing furniture manufacture stock management modelling multi criteria decision making Forestry SD1-669.5 |
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woodprocessing furniture manufacture stock management modelling multi criteria decision making Forestry SD1-669.5 Leon Oblak Denis Jelačić Darko Motik Tomislav Grladinović A model for stock management in a woodprocessing and furniture manufacturing company |
description |
Stock management includes processes such as stock monitoring, restocking i.e. ordering new stock and preventing stock sell-out. Stock is essential for smooth operation, supply and purchasing. This article develops a model for stock management in a hypothetical woodprocessing company, where part of production is intended foran unknown customer. We designed a model for periodical monitoring of product group stock by using simple exponent regulation and ordering up to the target stock. The adjusted quantities of sales budget are launched into production with the help of a multi-criteria decision-making model. The designed model enables an optimum level of intermediate product stock, unfinished production and the final product stock. Flowchart technique is used for showingthe reshaped process of presenting the sales budget and ordering of materials. |
format |
article |
author |
Leon Oblak Denis Jelačić Darko Motik Tomislav Grladinović |
author_facet |
Leon Oblak Denis Jelačić Darko Motik Tomislav Grladinović |
author_sort |
Leon Oblak |
title |
A model for stock management in a woodprocessing and furniture manufacturing company |
title_short |
A model for stock management in a woodprocessing and furniture manufacturing company |
title_full |
A model for stock management in a woodprocessing and furniture manufacturing company |
title_fullStr |
A model for stock management in a woodprocessing and furniture manufacturing company |
title_full_unstemmed |
A model for stock management in a woodprocessing and furniture manufacturing company |
title_sort |
model for stock management in a woodprocessing and furniture manufacturing company |
publisher |
University of Zagreb, Faculty of Forestry and Wood Technology |
publishDate |
2008 |
url |
https://doaj.org/article/7c7431647aa940bea540c4c14a2aecbd |
work_keys_str_mv |
AT leonoblak amodelforstockmanagementinawoodprocessingandfurnituremanufacturingcompany AT denisjelacic amodelforstockmanagementinawoodprocessingandfurnituremanufacturingcompany AT darkomotik amodelforstockmanagementinawoodprocessingandfurnituremanufacturingcompany AT tomislavgrladinovic amodelforstockmanagementinawoodprocessingandfurnituremanufacturingcompany AT leonoblak modelforstockmanagementinawoodprocessingandfurnituremanufacturingcompany AT denisjelacic modelforstockmanagementinawoodprocessingandfurnituremanufacturingcompany AT darkomotik modelforstockmanagementinawoodprocessingandfurnituremanufacturingcompany AT tomislavgrladinovic modelforstockmanagementinawoodprocessingandfurnituremanufacturingcompany |
_version_ |
1718400304829956096 |