Improving the performance of planning and controlling raw material inventory in food industry

Published: Dec 1, 2021
Abstract
This paper discusses the inefficient and inaccurate raw material supply at a food company which results in a backlog. This means the overstock occurs so that the improvement of inventory control needs to be done. ABC classification is firstly utilized as input for Material Requirements Planning (MRP). This paper focuses on four products which are classified into A class. Then, this paper discusses the Triple Exponential Smoothing as the...
Paper Details
Title
Improving the performance of planning and controlling raw material inventory in food industry
Published Date
Dec 1, 2021
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