An inventory problem issue: A case study of a small thai enterprise

Abstract

© 2019, Computers and Industrial Engineering. All rights reserved. This research aims to propose a raw material inventory management improvement of the Thai small-size original equipment manufacturer. The research procedures started with the studying of work environments and company’s problems. Theories and related researches were reviewed. Then, data were collected from January to December 2017. The preliminary results of this study found that the case study did not run the inventory management system and had errors to order materials. Thus, the company expensed high operating expense. ABC was used to analyze raw materials for classifying them based on the movement. Inventory policy was provided for each material group. Information technology inventory was developed by using Microsoft Access and Microsoft Excel. This study showed that the improvement could reduce ordering cost per year from 780,982 Thai Baht to 461,005 Thai Baht.