Inventory control model for economic order in food marketer

Authors

  • Edwin Causado Rodríguez Universidad del Magdalena

DOI:

https://doi.org/10.22395/rium.v14n27a10

Keywords:

Inventory, Demand, ABC method, Reorder Point, Economic Order Quantity.

Abstract

In this study a proposal to improve the inventory system for a distributor of food in the city of Santa Marta is made, in order to achieve a reduction in inventory costs and increased economic benefit of the organization, through planning and control of purchases and sales of products. The process used is the classification of the products handled by the Company with the ABC method according to importance of each product in the total sales of the distributor; then the model of Economic Order Quantity applies - CEP the right time, in order to systematize the newspapers counts on products stored in the warehouse, establishing records of sales, determine the optimum amount of orders, in which to order merchandise suppliers and minimum reorder quantities.

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Author Biography

Edwin Causado Rodríguez, Universidad del Magdalena

Profesor Asociado. Facultad de Ingenierías, Programa de Ingeniería Industrial, Universidad del Magdalena

Published

2015-11-07

How to Cite

Causado Rodríguez, E. (2015). Inventory control model for economic order in food marketer. Revista Ingenierías Universidad De Medellín, 14(27), 163–177. https://doi.org/10.22395/rium.v14n27a10

Issue

Section

Articles