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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Autores principales: Leon Oblak, Denis Jelačić, Darko Motik, Tomislav Grladinović
Formato: article
Lenguaje:EN
Publicado: University of Zagreb, Faculty of Forestry and Wood Technology 2008
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Acceso en línea:https://doaj.org/article/7c7431647aa940bea540c4c14a2aecbd
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spelling 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)
institution DOAJ
collection DOAJ
language EN
topic woodprocessing
furniture manufacture
stock management
modelling
multi criteria decision making
Forestry
SD1-669.5
spellingShingle 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
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AT tomislavgrladinovic amodelforstockmanagementinawoodprocessingandfurnituremanufacturingcompany
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