
Inventory
Optimization Techniques: A comparative Study of the Inventory
Optimization Technique Used by Telecom Retailers (2010)
A
key concern for retailers today is reducing inventory and inventory
driven costs across their supply and distribution networks. Pressure to
cut inventories continues to build for several reasons. Manufacturers
no longer manage linear or stable supply chains. In the last few years
a new paradigm has emerged: where one finds operations teams and
planning teams of the manufacturer applying the latest techniques and
technologies to improve inventory visibility, control and management
across the extended supply network. We call this collection of
efforts as Inventory optimization. Inventory optimization helps
retailers control inventory driven costs and address today’s
demand volatility and the uncertainty of demand. We discuss several
trends in inventory optimization including opportunities to apply this
new technology to solve more than just high inventory costs. Inventory
optimization can enable smarter product launches, lower direct material
cost of goods and faster manufacturing and distribution execution. The
objective of this dissertation report is to find out the inventory
optimization techniques used by the telecom retailers. The objective is
to find out the inventory optimization technique used by retailers for
AIRCEL and AIRTEL and then to do a comparative analysis of both the
inventory optimization technique, to find out the best inventory
optimization technique The aim of this research is to study about the
inventory optimization techniques that are available to optimize the
inventory. This will definitely give me knowledge about the insights of
inventory optimization and about the model that may be used in
inventory optimization. The objective of the dissertation
is: (1) To
find out the inventory optimization technique, used by telecom
retailers for AIRTEL and AIRCEL SIM cards. (2) To
do a comparative analysis of the two techniques to find out the best
technique of inventory optimization for telecom retailers.
- 10,000
words – 60 pages in length
- Good
use of literature
- Good
in depth analysis
- Well
written throughout
- Ideal
for business students
Executive
Summary
1.0
Introduction
Inventory
Optimization
Need for
Optimizing Inventories
Introduction to
inventory optimization practices
Economic Order
Quantity (EOQ)
The Total Cost
function
Profit Driven
Analysis
Inventory
Misconceptions
A New Opportunity
for Inventory Savings
Critical Role of
Technology in Inventory Management
Pressures,
Actions, Capabilities, Enablers (PACE)
Benefits of
Inventory Optimization
2.0
Statement of Research Question
3.0
Research Design
4.0
Research Methodology
Scope of the Study
5.0
Sampling
Universe
6.0
Design of Instruments
7.0
Procedure
8.0Discussion
Questionnaire
with Answer of Respondents
9.0
Conclusion
Parameters for
comparison
10.0
References
INTERNET
Books
11.0
Annexure
Inventory
Questionnaire
12.0
Timescale
GANTT chart
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