IDEAS home Printed from https://ideas.repec.org/a/osi/bulimm/v15y2015p79-91.html
   My bibliography  Save this article

Algorithm For The Procurement And Inventory Management In The Distribution Supply Chain

Author

Listed:
  • Valery F. Lukinykh

    (Krasnoyarsk State Agrarian University)

  • Yulia V. Lukinykh

    (Russian State Social University, branch in Krasnoyarsk)

Abstract

This paper is devoted to practical testing of the developed method of harmonized volumes of purchased products in the retail networks. The problem is connected with a difficulty of forecasting demand and inventory products based on the existing methods. The peculiarity of this paper is to present a developed method of harmonic prediction of the volume and variety of the purchased and sold products in retail networks in non-stationary demand, which contributes to the development of the methods ABC and XYZ classifications. To apply the developed method of harmonization in order to optimize the inventory of the products, an algorithm for the application of the harmonization method in the supply chain has been developed and described. This allows reducing the time intervals in procurement, optimizing inventory, expediting information acquisition, improving the level of logistics services and ensuring sustainable operation of enterprises in the value chain, having the changing demand and supply.

Suggested Citation

  • Valery F. Lukinykh & Yulia V. Lukinykh, 2015. "Algorithm For The Procurement And Inventory Management In The Distribution Supply Chain," Business Logistics in Modern Management, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 15, pages 79-91.
  • Handle: RePEc:osi:bulimm:v:15:y:2015:p:79-91
    as

    Download full text from publisher

    File URL: http://www.efos.unios.hr/repec/osi/bulimm/PDF/BusinessLogisticsinModernManagement15/blimm1506.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:osi:bulimm:v:15:y:2015:p:79-91. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Davor Dujak,PhD (email available below). General contact details of provider: https://edirc.repec.org/data/efosihr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.